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Economic Evaluation
ASecuritySub-skill of oil-and-gas: Economic Evaluation (+2).
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- Added September 9, 2026
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[](https://www.skillsdirectory.com/skills/vamseeachanta-economic-evaluation)---
name: oil-and-gas-economic-evaluation
description: 'Sub-skill of oil-and-gas: Economic Evaluation (+2).'
version: 1.0.0
category: engineering
type: reference
scripts_exempt: true
---
# Economic Evaluation (+2)
## Economic Evaluation
- **NPV/IRR Analysis**: Project economics, sensitivity analysis
- **Decline Curve Analysis**: Arps equations, type curves
- **Monte Carlo Simulation**: Risk assessment, probabilistic forecasting
- **Real Options Valuation**: Investment timing, abandonment options
## Technical Analysis
- **Material Balance**: Tank models, aquifer models, gas cap expansion
- **Pressure Transient Analysis**: Well test interpretation, skin factor
- **Rate Transient Analysis**: Production data analysis, EUR estimation
- **Network Modeling**: Integrated production system optimization
## Software Tools
- **Reservoir Simulation**: Eclipse, CMG (IMEX/GEM/STARS), Petrel, tNavigator
- **Production Engineering**: PROSPER, GAP, PIPESIM, OLGA
- **Python Domain Libraries**: lasio (LAS files), welly (well logs), striplog (lithology)
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