Upstream Dynamics

Navigating the Economics of Petroleum Exploration and Production
1. Auflage 2026
ISBN: 978-1-041-26443-9
Verlag: Taylor & Francis Ltd

Buch, Englisch, 370 Seiten, Format (B × H): 156 mm x 234 mm

The upstream petroleum sector is a cornerstone of the global energy landscape. As the world transitions towards more sustainable and diversified energy sources, the role of upstream petroleum economics becomes increasingly complex and dynamic. Blending analytical rigor with real-world case studies from various basins, Upstream Dynamics serves as a professional guide to the economics that govern oil and gas exploration and production. It covers the full asset life cycle—exploration, appraisal, development, production, and abandonment—linking engineering realities with financial decision-making. It provides insights into exploration, drilling, production, reservoir management, risk mitigation, regulatory compliance, and technological innovation.

• Details project screening, cash flow modeling, fiscal regimes, reserve classification, risk and uncertainty, field development planning, cost estimation, production optimization, and portfolio management.

• Goes beyond traditional discounted cash flow by integrating Monte Carlo simulation, real-options thinking, and scenario planning, with clear, step-by-step illustrations and spreadsheet-ready examples.

• Addresses the commercial impact of regulation, ESG/sustainability, digitalization/AI, and price volatility, translating these into practical decisions on timing, sequencing, and capital allocation.

• Features real-world case studies from across the Middle East, North Sea, Gulf of Mexico, West Africa, and Southeast Asia.

• Emphasizes what practitioners can do on Monday morning: build better economic cases, manage risk credibly, and communicate value to executives, partners, and regulators.

Written by an experienced and practicing Senior Petroleum Economist, this text is aimed at industry professionals and stakeholders, including petroleum economists and engineers as well as asset managers and analysts, to help them successfully navigate the complexities of the upstream oil and gas sector.

Zielgruppe

Postgraduate and Professional Reference

Autoren/Hrsg.

Al-Sajari, Sulaiman F.

Fachgebiete

• Wirtschaftswissenschaften Wirtschaftssektoren & Branchen Energie- & Versorgungswirtschaft
• Geowissenschaften Geologie Wirtschaftsgeologie
• Technische Wissenschaften Sonstige Technologien | Angewandte Technik Ölförderung, Gasförderung

Inhaltsverzeichnis

0. Front Matter. Part I. Core Operations. 1. Introduction. 2. Exploration Economics. 3. Reservoir Economics. 4. Drilling Economics. 5. Production Economics. 6. Field Development Economics. Part II. Risk, Regulation, and Sustainability. 7. Risk Management in Upstream Operations. 8. Regulatory and Environmental Considerations. Part III. Innovation and Strategy. 9. Technology and Innovation. 10. Global Market Dynamics. 11. Financing and Investment Analysis. 12. Contracts and Agreements. 13. Sustainability in Upstream. 14. Economic Modeling in Upstream Oil & Gas. 15. Beyond DCF: Alternative Financial Models for Upstream Oil & Gas. 16. Energy Policy & Regulation. 17. AI, Automation & Big Data in Upstream in Oil & Gas. Part IV. Market and Future Outlook. 18. Oil & Gas Trading, Hedging Strategies & Market Risk Management. 19. Late-Life Asset Economics. 20. Economics of Offshore vs. Onshore Development. 21. The Future of Upstream Petroleum Economics. End Matter. Glossary.

Über Autor(innen)

Sulaiman F. Al-Sajari is a Senior Petroleum Economist at the Kuwait Foreign Petroleum Exploration Company (KUFPEC), an international oil and gas company with a global portfolio. He has extensive experience in upstream planning and petroleum economics, covering prospect screening, fiscal analysis, reserves and resources classification, field development planning, and portfolio evaluation across projects in the Middle East, Africa, Europe, and Asia. He holds a B.Sc. in Mechanical Engineering from Florida Atlantic University and has led economic assessments and decision-support analyses for major exploration and development assets under diverse fiscal regimes. His expertise spans traditional economic evaluation methods—such as discounted cash flow—alongside advanced techniques including Monte Carlo simulation, real options valuation, and risk-adjusted modeling.