Book coordinators Bret-Rouzaut and Favennec (IFP School, France) and 12 co-authors provide a third edition of their reference work on the key aspects of oil and gas exploration and production. The intent is to give readers an overview and understanding of an industry frequently considered somewhat mystifying. Subjects addressed include: the oil market and pricing, hydrocarbon formation and exploration, reserves, investments and costs, decision making on exploration and production, basic accounting principles, ethics, competition analysis, and legal, fiscal, and contractual frameworks. Numerous illustrations and graphs, as well as a glossary, are included. Distributed in the U.S. by Atlas Books. Annotation ©2011 Book News, Inc., Portland, OR (booknews.com)