Study On Evaluation Of Economic Benefit For Oil Field Investment Project

Petroleum is known as "industrial blood", it is a kind of non renewable resources, is not only an important raw material for the production of industry and agriculture and transportation, has play a decisive role in the development of national economy and national security. Petroleum development need to supporting the implementation of a series of oilfield construction projects, these projects with large investment, long period, high risk, the function object hidden and non renewable characteristics, how to realize the maximum benefit, has been the focus of petroleum industry and even the whole social concern. Post project evaluation have been transplanted into Petroleum of china as a kind of advanced technology in recent years, it makes an objective and systematic analysis of the purpose, process of execution, effect and benefit after the completion of the project. Post project evaluation is used to analyze the project decision, construction, production and operation, project impact and sustainability. And summary the project overall quality, finds the problem, sum up experience and lessons, provide improvement suggestions,and provide reference for the construction of future oil field.In this paper, the aim is to analyze and summary the economic benefit evaluation index system of the current widespread use of the industry, combined with the actual construction of project of oil and gas field, the evaluation of "QH area of YE oil field S project" change, from the structure of investment cost analysis, project financial profitability risk evaluation analysis and project management system to carry out the economic benefits, expectations for oilfield construction projects in the future evaluation studies accumulate beneficial experience.This paper consists of6chapters., the main content of each chapter is as follows:The first chapter is introduction. Mainly introduces the research background and significance, the research mentality and the frame, and briefly introduces the research content and method of this thesis.The second chapter summarizes the investment project economic benefit evaluation of oilfield. Briefly introduced the investment construction project economic benefit evaluation content.The third chapter mainly introduces the project economic evaluation system of oil field construction investment.The fourth chapter is project overview. Brief introduction of "QH area of YE oil field S project" the basic situation, decision points, and project implementation.The fifth chapter is economic benefit evaluation. Focus on the "QH area of YE oil field project" S "of the investment and the implementation of and "financial benefit" two aspects of the project’s economic benefit is analyzed and evaluated.The sixth chapter summarizes the conclusions and deficiency of "economic benefit evaluation of QH area of YE oil field S project".The main contribution of this paper is:In the process of carry out analysis and research on evaluation on the economic benefit of "QH area of YE oil field S project", theory is combined with practice. Qualitative and quantitative "complement each other, the index system was constructed is reasonable. The research, production will provide basis for decision making for YE block of QH oilfield production and management, provide more practical reference for evaluation on the economic benefit of other similar oil and gas construction project. Hope to provide a reference for the perfection of economic benefit evaluation system on construction projects in oil industry, and make guidance to the project management decision of enterprise construction.Further research direction of this paper is:because oil and gas field development and construction projects with a long cycle, the characteristics of hidden objects, its economic benefits can not be fully reflected in the short term, the international crude oil price fluctuations and other uncertain factors, it is hard for the construction project economic benefits to achieve comprehensive, accurate evaluation, this need to be further studied.