Oil and gas producing companies have tended to become highly diversified in recent years. In many companies the diversification process has proceeded until the management is essentially money management and the individuals may not be familiar with producing operations. Where familiarity exists, the actual operations decision making is frequently delegated so that money management for profit is unencumbered, This situation requires all proposals to be in "money language" for consideration. It is to the advantage of operations personnel for the conversion from operations to money language to occur at the point of origin of the proposal. This chapter provides several degrees of capability in this regard.
© 1971 Association for Materials Protection and Performance (AMPP). All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means (electronic, mechanical, photocopying, recording, or otherwise) without the prior written permission of AMPP. Positions and opinions advanced in this work are those of the author(s) and not necessarily those of AMPP. Responsibility for the content of the work lies solely with the author(s).
1971
Association for Materials Protection and Performance (AMPP)
You do not currently have access to this content.
