valuation of an running oil field in russia & Kazachstan

Discussion in 'Energy Futures' started by wswlog, Apr 20, 2008.

  1. wswlog

    wswlog

    Hi,

    I am new to this matter and forum. What I was wandering, is there a rule of thumb for the value of an barrel of oil underneath the earth.

    Now i am talking of an estimated volume of 100 million barrels.

    has anyone a clue on how to valuate something like this?

    regards
    marc