The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Sep. 19, 2017
Filed:
Oct. 26, 2011
Applicants:
Nansen G. Saleri, Houston, TX (US);
Robert M. Toronyi, Danville, CA (US);
Joseph W. Ault, Moraga, CA (US);
Cromwell D. Wong, Houston, TX (US);
Inventors:
Nansen G. Saleri, Houston, TX (US);
Robert M. Toronyi, Danville, CA (US);
Joseph W. Ault, Moraga, CA (US);
Cromwell D. Wong, Houston, TX (US);
Assignee:
QRI GROUP, LLC, Houston, TX (US);
Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 10/06 (2012.01);
U.S. Cl.
CPC ...
G06Q 10/06 (2013.01);
Abstract
Determining a True Value Index™ (TVI™) for a petroleum production capital project provides a novel indicator and metric that is designed to quickly assess the economics of undertaking the petroleum production capital project. The TVI™ can be determined according to the following equation:TVI=NPV+(β*Reserves)