SPE Economics & Management
Volume 3, Number 4, October 2011

Executive Summary
Frank Koch, Koch Decision Consulting

Executive and Associate Editors

Publication Information

Worth a Second Look
"A Process for Evaluating Exploration Prospects"
Robert M. Otis and Nahum Schneidermann
reprinted from AAPG Bulletin Vol. 81, No. 7 (1997)

Peer Approved Papers

133044-PA

Valuation of Swing Contracts by Least-Squares Monte Carlo Simulation

B.J.A. Willigers, SPE, Palantir Economic Solutions, S.H. Begg, SPE, University of Adelaide, and R.B. Bratvold, SPE, University of Stavangerpp. 215-225Preview | PDF ( 2,296 KB )    Rights & Permission

147910-PA

Optimization of Equity Redeterminations Through Fit-for-Purpose Evaluation Procedures

Paul F. Worthington, SPE, Gaffney, Cline & Associatespp. 226-234Preview | PDF ( 745 KB )    Rights & Permission

125178-PA

Improving Allocation and Hydrocarbon Accounting Accuracy Using New Techniques

R. Cramer and D. Schotanus, Shell Global Solutions; K. Ibrahim, Brune Shell Petroleum; and N. Colbeck, Hess Corporationpp. 235-240Preview | PDF ( 1,207 KB )    Rights & Permission

146530-PA

Demonstrating Reasonable Certainty Under Principles-Based Oil and Gas Reserves Regulations

R.E. Sidle, SPE, Texas A&M University, and W. John Lee, SPE, University of Houstonpp. 241-246Preview | PDF ( 526 KB )    Rights & Permission

154056-PA

Unconventional-Natural-Gas Business: TSR Benchmark and Recommendations for Prudent Management of Shareholder Value

Ruud Weijermars, Delft University of Technology, and Steve Watson, Ashridge Business Schoolpp. 247-261Preview | PDF ( 6,946 KB )    Rights & Permission

SPE Honors Technical Paper Reviewers

SPE created the A Peer Apart program to recognize dedicated individuals who have been involved in the peer review of 100 or more papers. Members who commit their time to peer review papers make substantial contributions to the industry's literature by helping to ensure that the papers published in SPE's technical journals are the highest quality. Over time, these individuals volunteer hundreds of hours to the Society, making SPE journals a valuable resource for the industry.

This year, eight individuals join the elite group who have reached the milestone of reviewing 100 or more technical papers--bringing the total membership of A Peer Apart to 110 dedicated members.

Roberto Aguilera, University of Calgary
Rodolfo Camacho Velazquez, Pemex E&P
Lee Y. Chin, ConocoPhillips Company
Dimitrios G. Hatzignatiou, Integrated Risk Information System (IRIS/UiS)
Jasper N. Ring, Chevron U.S.A.
Hisham A. Nasr-El-Din, Texas A&M University
Shauna G. Noonan, ConocoPhillips Company
Burak Yeten, Chevron Corporation