Yes, offshore drilling is an attractive industry because gas is always remain to be in demand in future. It is based on the type of business owner who would like to lesser (i.e. being risk averse) risk along with the new technology. This may help in having greater information to forecast the demand appropriately. It seems the demand remains to be high and high. If the oil companies are ready to pay, likewise contractors may charge more to drill the new wells. This remains attractive as the oil market seems to be cyclical in nature.
Is the offshore drilling industry an attractive industry? Why ir why not? Is it an attractive...
ACME Drilling is evaluating an offshore oil-drilling platform for possible impairment. They estimate the following: book value $18.8 million for value $120 million sum of estimated future cash flow generated from the o platform, 516.1 million What amount of impairment loss any should they record? Enter your answer in millions rounded to deal place.) rang
The Hutton TLP was an early deep sea version of an offshore drilling rig that floated with mooring cables holding it in place(See image.). Six large hollow cylinders arranged along two sides provided buoyancy for the platform. Its total weight was 60,000 tons. The volume of the horizontal strut A connecting the two cylinders in front is approximately 75,000 and that for strut B connecting 3 cylinders shown on the side is 80,000 ft. Estimate the minimum cylinder diameter(ft) if...
Examine the U.S. passenger airline industry using the MP's Five Forces model. Is this an attractive industry? Why or why not? Please explain.
A. Examine the U.S. passenger airline industry using the Five Forces. Is this an attractive industry? Why or why not? (Discuss: Supplier Power; Buyer Power; Substitutes; Rivalry; Entry) Explain your answer. B. Clear Channel, an owner of multiple radio stations with the Top 40 format, recently bought rock concert promoter Live Nation. How would this affect prices for concert tickets or rates for radio programming?
Economics A. Examine the U.S. passenger airline industry using the Five Forces. Is this an attractive industry? Why or why not? (Discuss: Supplier Power; Buyer Power; Substitutes; Rivalry; Entry) B. Clear Channel, an owner of multiple radio stations with the Top 40 format, recently bought rock concert promoter Live Nation. How would this affect prices for concert tickets or rates for radio programming?
Figure 3 Offshore drilling platform Tug A is heading west and tug B is heading south. The figure above shows the approximate direction of tug C a. If the system shown is not moving (i.e. it is static), describe how the forces operating on the platform relate to one another. Write this relationship mathematically using vector notation and draw a vector diagram showing how these forces can be added together and how the heads and tails of each vector relate...
Does your overall assessment of the industry suggest that industry rivals have sufficiently attractive opportunities for growth and profitability? Explain. (UBER company)
On a scale of 1-10, how attractive is the branded toy industry? Explain.
Offshore Drilling Products, Inc., imposes a payback cutoff of three years for its international investment projects. Assume the company has the following two projects available. Year Cash Flow A Cash Flow B 0 –$ 49,000 –$ 94,000 1 19,000 21,000 2 25,400 26,000 3 21,000 33,000 4 7,000 246,000 Requirement 1: What is the payback period for each project? (Enter rounded answers as directed, but do not use the rounded numbers in intermediate calculations. Round your answers to 2...
Q1 While drilling a well offshore, the following leak-off test results were obtained: Leak-off pressure 200 psi; true vertical depth to the casing shoe = 1,000 feet TVD. The test was conducted with 8.60 ppg seawater. Calculate the strength of the formation at the casing shoe to the appropriate two digits past the decimal. a) 12.45 ppge b) 12.44 ppge c) 12.43 ppge d) 12.46 ppge Directional Drilling Well Path Planning Q2 This is normally done where a vertical or...