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Risk analysis in oil industry: break-even analysis
| Note : 
RésuméPurpose: The purpose of the current course is to present decision analysis in oil industry.
Design/Methodology/Approach: This course contributes to the conceptual framework of risk analysis.
Findings: The findings reveal the following point: using break even analysis, we can draw representative results in oil exploration field.
Research limitations/ Implications: The course encourages a broader concept of break even analysis.
Practical implications: analysts can develop a better understanding of techniques that can enable valuing exploration projects within oil upstream activity.
Originality/Value: the course enriches the literature of mathematical modelling and risk analysis.
Keywords: Break-even analysis, Risk, exploration.
Paper type: Teaching material.
Contents:
- Resume
- Text
- Nomenclature
- References
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