Lorenz Curve Application in Oil-Gas Industry Economy

Yazarlar

  • S.G. Salimova “Oil Gas Scientific Research Project” Institute, SOCAR (Zardabi ave., 88a, Baku, AZ1012, Azerbaijan)

DOI:

https://doi.org/10.52171/2076-0515_2023_15_01_93_101

Anahtar Kelimeler:

methodic approach, Lorenz curve, quintiles, well, capital productivity, determinants

Özet

A methodic approach to the Lorenz curve application in the efficiency analysis of the Oil-Gas Production Department (OGPD) main production well stocks usage is developed. The scientific-research work consists of two stages: preliminary and main. In the preliminary stage, gathering and systematization of major technical-economic, accounting, geological and other indexes are conducted, the basic chart for the OGPD well survey is developed. In main stage, considering well division by quintile, the following action are carried out: 1) the factorial application of the Lorenz curve (calculation); 2) calculation of return on assets by all wells, as well as necessary calculations on determinant factors influencing return on assets. They are followed by the Lorenz curve plotting on determinant factors. Then, based on well division by quintile, the graphs on return of assets and determinant factors are developed.

Downloads

Yayınlanmış

2023-03-30

How to Cite

Salimova, S. (2023). Lorenz Curve Application in Oil-Gas Industry Economy. “Azərbaycan Mühəndislik Akademiyasının Xəbərləri, 15(1), 93–101. https://doi.org/10.52171/2076-0515_2023_15_01_93_101

Sayı

Bölüm

Articles

Similar Articles

1 2 3 > >> 

You may also start an advanced similarity search for this article.