A methodology to evaluate an option to defer an oilfield development (Record no. 170755)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 01425nab a2200193 4500 |
| 008 - CÓDIGOS DE INFORMACIÓN DE LONGITUD FIJA - INFORMACIÓN GENERAL | |
| Campo de control de longitud fija | 260224s2009 xxu |
| 245 00 - TITULO | |
| Título | A methodology to evaluate an option to defer an oilfield development |
| 260 ## - PUBLICACION, DISTRIBUCION, ETC | |
| Lugar de publicación, distribución, etc. | |
| Nombre de publicador, distribuidor, etc. | |
| Fecha de publicación, distribución, etc. | mayo 2009 |
| 270 ## - FECHA DE CARGA | |
| Fecha de carga | 07/06/2010 ; 07/06/2010 |
| 300 ## - DESCRIPCION FISICA | |
| Otra extensión | 8 p. ; 60-68 |
| 520 ## - RESUMEN, ETC | |
| Resumen | Transcripción del resumen del autor. The purpose of this paper is the valuation of an option to defer an oilfield development. A methodology is implemented in order to choose the appropriate continuous-time stochastic processes for these risk factors: the crude oil price, the convenience yield and the risk-free interest rate. The analysis reveals that the convenience yield follows a mean-reverting process, the oil price is better fitted by the Geometric Brownian Motion with jumps and the risk-free interest rate can be considered constant. The valuation of the option to defer is based on the Monte-Carlo simulation adapting the Least-Squares simulation method for valuing American type options. Results indicate that using multi-factor pricing models leads to reject the project unlike the one-factor pricing model which leads to later investing at the option maturity. |
| 581 ## - ESTADO DE COLECCIÓN | |
| Estado de colección | 1-2 |
| 773 0# - CORRECCIÓN | |
| Título | Journal of Petroleum Science & Engineering |
| Partes relacionadas | 66 |
| 942 ## - DESC. DE MATERIAL | |
| Tipo de item KOHA | Artículo de Revista |
| 100 1# - RESPONSABLE PERSONAL | |
| Apellido, Nombre | Abid, Fathi |
| 9 (RLIN) | 42205 |
| 100 1# - RESPONSABLE PERSONAL | |
| Apellido, Nombre | Kaffel, Bilel |
| 9 (RLIN) | 42206 |
| Biblioteca propietaria | Biblioteca actual | Fecha de adquisición | Inventario | Total de préstamos | Inventario | Fecha de carga | Tipo de item KOHA |
|---|---|---|---|---|---|---|---|
| Biblioteca Alejandro Angel Bulgheroni | Biblioteca Alejandro Angel Bulgheroni | 05/03/2026 | 200045608 | 200045608 | 05/03/2026 | Artículo de Revista |
