Engineering economic analysis third canadian edition pdf

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Engineering Economic Analysis Third Canadian Edition Pdf

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Newnan, John Whittaker, Ted G. Eschenbach, Jerome P. Lavelle; Oxford University Press, This textbook is available in the UBC bookstore. For the business strategy part of the course there is no required textbook but the following is useful: Grant, Contemporary Strategic Analysis , , 8th Ed previous editions are also very useful SCHEDULE Week of Monday Friday Assignments and group work May 15 Introduction Chapter 1: Economic decision making: role of engineering economic analysis; decision making process Chapter 2: Engineering costs and cost estimation: types of costs; estimating methods; benefits; cash flow diagrams. Business strategy and economics I — Industry and competitive analysis No lecture — work on Group Exercise 1 Deadline for group signup — May 17 Group Exercise 1 GE1 — Competitive analysis May 22 No class — statutory holiday Chapter 3: Interest and equivalence: time value of money; simple and compound interest; equivalence; effective interest rate; continuous compounding Assignment 1 due May 28th Deadline for GE1: May 28th - 2 - Subscribe to view the full document. Profiting from Innovation.

The Russian category C2 includes probable and possible reserves. These reserves are generally not counted when computing a nation's oil reserves. Unconventional oil resources are greater than conventional ones. United States not included. It incorporates the definitions for reserves, but adds categories for contingent resources and prospective resources. Contingent resources may include, for example, projects for which there are no viable markets, or where commercial recovery is dependent on technology under development, or where evaluation of the accumulation is insufficient to clearly assess commerciality.

Prospective resources are those quantities of petroleum estimated, as of a given date, to be potentially recoverable from undiscovered accumulations by application of future development projects. Prospective resources have both an associated chance of discovery and a chance of development.

The United States Geological Survey uses the terms technically and economically recoverable resources when making its petroleum resource assessments. Technically recoverable resources represent that proportion of assessed in-place petroleum that may be recoverable using current recovery technology, without regard to cost.

Economically recoverable resources are technically recoverable petroleum for which the costs of discovery, development, production, and transport, including a return to capital, can be recovered at a given market price.

Examples include extra heavy oil , oil sand , and oil shale deposits. Unlike "conventional resources", in which the petroleum is recovered through wellbores and typically requires minimal processing prior to sale, unconventional resources require specialized extraction technology to produce. Moreover, the extracted petroleum may require significant processing prior to sale e.

Estimation techniques[ edit ] Example of a production decline curve for an individual well The amount of oil in a subsurface reservoir is called oil in place OIP. This fraction is called the recovery factor. The portion that is not recoverable is not included unless and until methods are implemented to produce it.

Then a recovery factor is assumed, using assumptions from fields with similar characteristics. OIP is multiplied by the recovery factor to arrive at a reserve number. As software systems, software development processes, and resources become more distributed, they invariably become more specialized and complex.

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Currently, Mr.

Oil reserves

As Fig. Piping Handbook. Engineering firm can use its own standard painting specification if allowed by client. The book considers in one handy reference the multitude of pipes, flanges, supports, gaskets, bolts, valves, strainers, flexibles, and expansion joints that Piping Design Engineering — 3D Modelling February 3, Leave a comment The 3-D software allows interaction between all disciplines in the 3D design workflow by allowing by comprehensive set of integrated applications covering all engineering disciplines at its core.

The piping associated with geothermal power plant can be divided in piping inside the power plant and the piping in the steam field. Pipeline Application Examples Laser scanning technologies provide significant benefits for a variety of industries. The objective of this course is to help participants gain a comprehensive knowledge of elements that are essential for the design, operation, and maintenance of pipelines. FRP piping is a highly valuable engineering material for process piping and vessels.

The pharmaceutical industry, in its current state of growth, is a relative new comer to design, engineering and construction compared to the oil refining, bulk chemical, Pipeline Engineering section for assistance.

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Piping systems are available with liners of varying type and thickness, with molded, fabricated, or filament wound fittings, ranging in size from 1" to 72" 25 to mm in diameter. Welds shall be inspected as required by Gas Standard D Occurs most often in stagnant areas or areas of low-flow velocity. This site is like a library, Use search box in the widget to get ebook that you want. The system may fail on the first occurrence of this overlooked load.

Engineering guidance is provided for safely operating and maintaining piping systems at extremely low temperatures, pigging pipeline systems and designing chemical-injection systems to interface with pipelines. It also requires considerable management and coordination skills. Failure of a piping system may trigger a Domino effect and cause a major disaster. Comprised of approximately , miles of pipe in all fifty states, liquid petroleum pipelines carried more than 40 million barrels per day, or 4 trillion barrel-miles, of crude oil and refined products during Various codes have defined the battery limits for pipeline and piping activities, however, there has always been a contest between Pipeline and Piping disciplines regarding the division of scope in various types of projects.

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