{"id":20,"date":"2019-06-18T20:33:53","date_gmt":"2019-06-18T20:33:53","guid":{"rendered":"http:\/\/wccoilgas.043c261.netsolhost.com\/?page_id=20"},"modified":"2019-11-18T19:51:40","modified_gmt":"2019-11-18T19:51:40","slug":"the-book","status":"publish","type":"page","link":"https:\/\/wccoilgas.com\/?page_id=20","title":{"rendered":"&#8220;The Book&#8221;"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"alignleft\"><img loading=\"lazy\" decoding=\"async\" width=\"228\" height=\"309\" src=\"http:\/\/wccoilgas.com\/wp-content\/uploads\/2019\/06\/OGPEdrop2.gif\" alt=\"\" class=\"wp-image-39\"\/><figcaption>Oil and Gas Property Evaluation<\/figcaption><\/figure><\/div>\n\n\n\n<h4 class=\"wp-block-heading\"><br>Oil and Gas Property Evaluation&nbsp; <br>By John D. Wright<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">This is the long awaited sequel to Thompson and Wright&#8217;s Oil Property Evaluation.&nbsp; The text covers all of the subjects necessary to evaluate oil and gas properties.&nbsp; Subjects include decline curve evaluation using both Arps&#8217; equations and more recent equations, and net cash flow calculations in a royalty\/tax system and a production sharing contract.&nbsp; Time value of money and managerial indicators are also discussed.&nbsp; Resource and reserve definitions under PRMS and SEC systems including a compilation of the 1978 and 2008 SEC definitions are discussed.&nbsp; Oil and gas pricing is discussed including an example on calculating the revenue from a POP contract.#160; Examples of AFE&#8217;s for horizontal and vertical wells are provided along with lease operating statements.&nbsp; Methods of handling uncertainty are covered including sensitivity analysis, expected value tables, decision trees, and Monte Carlo simulation.&nbsp; There is a chapter on U.S. Federal Income Tax as applied to both IPRO and integrated oil companies.&nbsp; Land concepts are discussed and a technique for determining working interest and net revenue interest in complex deals is presented.&nbsp; One chapter covers the three styles of report &#8211; letter, formal, and oral &#8211; with specific suggestions for the report content and example reports. Published in 2015, the book is 649 pages; 196 illustrations; 133 examples<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The book is currently utilized at &nbsp;Colorado School of Mines, Texas Tech, The University of Houston, and Texas A &amp; M.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>To Order &#8220;The Book<\/strong>&#8220;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">To order books please, visit\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"http:\/\/www.thompson-wright.com\/\">www.thompson-wright.com<\/a>\u00a0or contact Tiffany Storrs via\u00a0<a href=\"mailto:ogpe@thompson-wright.com\">email<\/a>\u00a0.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Published by Thompson-Wright Associates, Golden, CO.  ISBN: 978-0-9896749-0-4 <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil and Gas Property Evaluation&nbsp; By John D. Wright This is the long awaited sequel to Thompson and Wright&#8217;s Oil Property Evaluation.&nbsp; The text covers all of the subjects necessary to evaluate oil and gas properties.&nbsp; Subjects include decline curve<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-20","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>&quot;The Book&quot; - Wright Consulting Company<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/wccoilgas.com\/?page_id=20\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"&quot;The Book&quot; - Wright Consulting Company\" \/>\n<meta property=\"og:description\" content=\"Oil and Gas Property Evaluation&nbsp; By John D. Wright This is the long awaited sequel to Thompson and Wright&#8217;s Oil Property Evaluation.&nbsp; The text covers all of the subjects necessary to evaluate oil and gas properties.&nbsp; Subjects include decline curve\" \/>\n<meta property=\"og:url\" content=\"http:\/\/wccoilgas.com\/?page_id=20\" \/>\n<meta property=\"og:site_name\" content=\"Wright Consulting Company\" \/>\n<meta property=\"article:modified_time\" content=\"2019-11-18T19:51:40+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/wccoilgas.com\/wp-content\/uploads\/2019\/06\/OGPEdrop2.gif\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wccoilgas.com\\\/?page_id=20\",\"url\":\"http:\\\/\\\/wccoilgas.com\\\/?page_id=20\",\"name\":\"\\\"The Book\\\" - Wright Consulting Company\",\"isPartOf\":{\"@id\":\"http:\\\/\\\/wccoilgas.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"http:\\\/\\\/wccoilgas.com\\\/?page_id=20#primaryimage\"},\"image\":{\"@id\":\"http:\\\/\\\/wccoilgas.com\\\/?page_id=20#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/wccoilgas.com\\\/wp-content\\\/uploads\\\/2019\\\/06\\\/OGPEdrop2.gif\",\"datePublished\":\"2019-06-18T20:33:53+00:00\",\"dateModified\":\"2019-11-18T19:51:40+00:00\",\"breadcrumb\":{\"@id\":\"http:\\\/\\\/wccoilgas.com\\\/?page_id=20#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"http:\\\/\\\/wccoilgas.com\\\/?page_id=20\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"http:\\\/\\\/wccoilgas.com\\\/?page_id=20#primaryimage\",\"url\":\"http:\\\/\\\/wccoilgas.com\\\/wp-content\\\/uploads\\\/2019\\\/06\\\/OGPEdrop2.gif\",\"contentUrl\":\"http:\\\/\\\/wccoilgas.com\\\/wp-content\\\/uploads\\\/2019\\\/06\\\/OGPEdrop2.gif\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"http:\\\/\\\/wccoilgas.com\\\/?page_id=20#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"http:\\\/\\\/wccoilgas.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"&#8220;The Book&#8221;\"}]},{\"@type\":\"WebSite\",\"@id\":\"http:\\\/\\\/wccoilgas.com\\\/#website\",\"url\":\"http:\\\/\\\/wccoilgas.com\\\/\",\"name\":\"Wright Consulting Company\",\"description\":\"a worldwide petroleum engineering and geological consulting company\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"http:\\\/\\\/wccoilgas.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"\"The Book\" - Wright Consulting Company","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"http:\/\/wccoilgas.com\/?page_id=20","og_locale":"en_US","og_type":"article","og_title":"\"The Book\" - Wright Consulting Company","og_description":"Oil and Gas Property Evaluation&nbsp; By John D. 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