3rd Edition
Petroleum Economics and Engineering
Preface
The Editors
Contributors
Introduction to the Oil and Gas Industry
World Oil and Gas Supply and Demand
M.A. Al-Sahlawi
Structure of the Oil and Gas Industry
M.A. Al-Sahlawi
Characteristics of Crude Oil and Properties of Petroleum Products
Saad Al-Omani
Principles, Methods, and Techniques of Engineering Economics Analysis
Time Value of Money (TVM) in Capital Expenditures
M. Bassyouni
Depreciation and Depletion in Oil Projects
Shereen M.S. Abdel-Hamid and Faheem H. Akhtar
Financial Measures and Profitability Analysis
Maha Abd El-Kreem
Analysis of Alternative Selections and Replacements
Khaled Zohdy
Risk, Uncertainty, and Decision Analysis
Jamal A. Al-Zayer, Taqi N. Al-Faraj, and Mohamed H. Abdel-Aal
Break-Even and Sensitivity Analysis
Taqi N. Al-Faraj and Jamal A. Al-Zayer
Optimization Techniques
Jamal A. Al-Zayer, Taqi N. Al-Faraj, and Mohamed H. Abdel-Aal
Applications and Case Studies
Exploration and Drilling
Hussein K. Abdel-Aal
Reserves and Reserve Estimate
K.A. Al-Fusail (Deceased)
Production Operations
Mohamed A. Aggour and Hussein K. Abdel-Aal
Gas-Oil Separation
Hussein K. Abdel-Aal
Crude Oil Treatment: Dehydration, Desalting, and Stabilization
Hussein K. Abdel-Aal and Halim H. Redhwi
Gas Treatment and Conditioning
Hussein K. Abdel-Aal and H.H. Redhwi
Crude Oil Refining: Physical Separation
Hussein K. Abdel-Aal and Gasim Al-Shaikh
Crude Oil Refining: Chemical Conversion
Abdullah M. Aitani
Natural Gas Processing: Recovery, Separation, and Fractionation of NGL (Natural Gas Liquids)
Mazyad Al Khaldi
Oil and Gas Transportation
M.A. Al-Sahlawi
Bibliography
Conversion Factors
Compound Interest Factors
Index
Biography
Hussein K. Abdel-Aal is emeritus professor for National Research Center (NRC), Cairo, Egypt and King Fahd University of Petroleum and Minerals (KFUPM), Dhahran, Saudi Arabia. He received his BS from Alexandria University, Egypt and his MS and Ph.D from Texas A&M University, College Station, USA. He has worked as process engineer for Suez oil refineries, headed KFUPM’s Chemical Engineering Department, served as visiting professor for Texas A&M, and headed NRC’s Solar Energy Department. He has contributed to over 90 technical papers, edited one book on petroleum economics and engineering, and authored Petroleum and Gas Field Processing. An AIChE member and fellow, he is founder of the board for the International Association of Hydrogen Energy, Miami, Florida, USA.
Mohammed A. Alsahlawi is a previous dean and current professor for King Fahd University of Petroleum and Minerals (KFUPM), Dhahran, Saudi Arabia. He holds a BS and MBA from KFUPM and a Ph.D from University of Wisconsin-Milwaukee, USA. He has served as manager of KFUPM’s Economic and Industrial Research Division; head of the News Agency and Information Department for the Organization of the Petroleum Exporting Countries, Vienna, Austria; member of the Advisory Board of the Saudi Arabian Supreme Economic Council, Riyadh; and director of the Human Resources Development Fund, Riyadh, Saudi Arabia. He also was the first president of the Saudi Association for Energy Economics.
"…an excellent text for petroleum engineering departments, and a very good supplementary text in economics and chemical engineering departments. It is also a very good reference for practicing engineers."
—Mazen A. Al-Shalabi, King Fahd University of Petroleum and Minerals, Dhahran, Saudi Arabia
