Browsing Proceedings by Author "SURYADI, KADARSAH"
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VALUATION OF A DECLINING OILFIELD UNDER STOCHASTIC OIL PRICES AND NON-CONSTANT INTEREST RATES
PRATIKTO, FRANSISCUS; INDRATNO, SAPTO; SURYADI, KADARSAH; SANTOSO, DJOKO (UMY, 2020)In this research, we develop a model to estimate the value of a declining oilfield under stochastic oil prices and nonconstant interest rates. Using the Schwartz-Smith model, oil prices are decomposed into two stochastic ...