Page 395 - Hydrocarbon Exploration and Production Second Edition
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382 Risk Analysis for Major Capital Investments in Projects
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Invasion of Iraq 2000-06
Asian financial crisis 1990-99
Iraq invaded Kuwait 1945-1983 Arabian Light posted at Ras Tanura.
1980-89
Netback pricing introduced 1861-1944 US average. 1984-2006 Brent dated.
Iranian revolution 1970-79
Yom Kippur war 1960-69 2006). Energy
Suez crisis 1950-59 W orld
Loss of Iranian supplies Review of
Post-war reconstruction 1940-49
1930-39 BP Statistical
East Texas field discovered 1920-29 (source:
Growth of Venezuelan production Fears of shortage in USA 1910-19 period
Discovery of Spindletop, Texas 1900-09 over a century
1890-99
Sumatra production began 1880-89 History of oil prices
Crude oil prices 1861-2006 barrel per dollars US events World Russian Pennsylvanian oil exports oil boom began 1870-79 1861-69 $ 2006 $ money of the day 15.20 Figure