Dehghan, Reza
Science & Research Branch of Islamic Azad university
[ 1 ] - Evaluating the Impact of Economic Components of IPC and PSC Contracts on Cumulative Production of Oil Fields: A Case Study of Foroozan Oil Field
Iran's new petroleum contract, dubbed as IPC, is a new generation of oil service contracts.The most significant flaw observed in various contracts is that cumulative profits and cumulative production do not necessarily follow the same direction, a kind of incompatibility arises between the interests of governments and contractors. In this research, using stochastic dynamic programming approach,...
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