Paper details:

What to do:

Look at the Journal of Petroleum Technology (JPT) issue I have given you

What are the latest oil prices given in your JPT for Brent and WTI crude?

Select an article which has several links to petroleum economics – these may not be specifically

stated but they must be there! (You may want to check
the following questions before making your final choice). It must have at least two pages in the

JPT.

Summarise the economic aspects of the article in a paragraph. You should cover at least three

issues (othenNise choose another article). – Do not
copy any summary with the article.

[Quote the reference according the SPE Reference]

How would an economic evaluation help with the subject of the article.

Give one example or more from the article relating to the supply market.

Give three examples from the article relating to the demand market.

Identify something in the article that would be affected by the time value of money.

Note: If you have difficulty completing any of the above due to the nature of the article. explain

this.

source is attached.

mention the article title and pages (e.g. titlezxxx from page xx to page xx)-