The authors cover two general topics: basic engineering economics and risk analysis in this text. Within the topic of engineering economics are discussions on the time value of money and interest relationships. These interest relationships are used to define certain project criteria that are used by engineers and project managers to select the best economic choice among several alternatives. Projects examined will include both income- and service-producing investments. The effects of escalation, inflation, and taxes on the economic analysis of alternatives are discussed. Risk analysis incorporates the concepts of probability and statistics in the evaluation of alternatives. This allows management to determine the probability of success or failure of the project. Two types of sensitivity analyses are presented. The first is referred to as the range approach while the second uses probabilistic concepts to determine a measure of the risk involved. The authors have designed the text to assist individuals to prepare to successfully complete the economics portions of the Fundamentals of Engineering Exam. Table of Contents: Introduction / Interest and the Time Value of Money / Project Evaluation Methods / Service Producing Investments / Income Producing Investments / Determination of Project Cash Flow / Financial Leverage / Basic Statistics and Probability / Sensitivity Analysis
This book presents many real field examples demonstrating the use of material balance and history matching to predict reservoir performance. For the first time, this edition uses Microsoft Excel with VBA as its calculation tool, making calculations far easier and more intuitive for today's readers. Beginning with an introduction of key terms, detailed coverage of the material balance approach, and progressing through the principles of fluid flow, water influx, and advanced recovery techniques, this book will be an asset to students without prior exposure to petroleum engineering with this text updated to reflect modern industrial practice.
On September 11, 1857, a band of Mormon militia, under a flag of truce, lured unarmed members of a party of emigrants from their fortified encampment and, with their Paiute allies, killed them. More than 120 men, women, and children perished in the slaughter. Massacre at Mountain Meadows offers the most thoroughly researched account of the massacre ever written. Drawn from documents previously not available to scholars and a careful re-reading of traditional sources, this gripping narrative offers fascinating new insight into why Mormons settlers in isolated southern Utah deceived the emigrant party with a promise of safety and then killed the adults and all but seventeen of the youngest children. The book sheds light on factors contributing to the tragic event, including the war hysteria that overcame the Mormons after President James Buchanan dispatched federal troops to Utah Territory to put down a supposed rebellion, the suspicion and conflicts that polarized the perpetrators and victims, and the reminders of attacks on Mormons in earlier settlements in Missouri and Illinois. It also analyzes the influence of Brigham Young's rhetoric and military strategy during the infamous "Utah War" and the role of local Mormon militia leaders in enticing Paiute Indians to join in the attack. Throughout the book, the authors paint finely drawn portraits of the key players in the drama, their backgrounds, personalities, and roles in the unfolding story of misunderstanding, misinformation, indecision, and personal vendettas. The Mountain Meadows Massacre stands as one of the darkest events in Mormon history. Neither a whitewash nor an exposé, Massacre at Mountain Meadows provides the clearest and most accurate account of a key event in American religious history.
The conventional wisdom says that the devolution of Classic Maya civilization occurred because its population grew too large and dense to be supported by primitive neotropical farming methods, resulting in debilitating famines and internecine struggles. Using research on contemporary Maya farming techniques and important new archaeological research, Ford and Nigh refute this Malthusian explanation of events in ancient Central America and posit a radical alternative theory. The authors-show that ancient Maya farmers developed ingenious, sustainable woodland techniques to cultivate numerous food plants (including the staple maize);-examine both contemporary tropical farming techniques and the archaeological record (particularly regarding climate) to reach their conclusions;-make the argument that these ancient techniques, still in use today, can support significant populations over long periods of time.
The Definitive Guide to Petroleum Reservoir Engineering–Now Fully Updated to Reflect New Technologies and Easier Calculation Methods Craft and Hawkins’ classic introduction to petroleum reservoir engineering is now fully updated for new technologies and methods, preparing students and practitioners to succeed in the modern industry. In Applied Petroleum Reservoir Engineering, Third Edition, renowned expert Ronald E. Terry and project engineer J. Brandon Rogers review the history of reservoir engineering, define key terms, carefully introduce the material balance approach, and show how to apply it with many types of reservoirs. Next, they introduce key principles of fluid flow, water influx, and advanced recovery (including hydrofracturing). Throughout, they present field examples demonstrating the use of material balance and history matching to predict reservoir performance. For the first time, this edition relies on Microsoft Excel with VBA to make calculations easier and more intuitive. This edition features Extensive updates to reflect modern practices and technologies, including gas condensate reservoirs, water flooding, and enhanced oil recovery Clearer, more complete introductions to vocabulary and concepts– including a more extensive glossary Several complete application examples, including single-phase gas, gas-condensate, undersaturated oil, and saturated oil reservoirs Calculation examples using Microsoft Excel with VBA throughout Many new example and practice problems using actual well data A revamped history-matching case study project that integrates key topics and asks readers to predict future well production
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