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To truly understand how projects are valued and investment decisions are made, professionals working in the upstream industry must have detailed and up-to-date knowledge of petroleum economics and risk analysis.
This practical introductory training course is designed to help you understand the theories and methods used to value oil and gas projects and make decisions where conditions are far from certain.
A particularly useful learning experience for those in technical and commercial disciplines, the course will present the fundamental aspects of discounted Cashflow analysis and risk analysis, as well as examining fiscal regimes, cost estimating, production profiles and commodity pricing.
By the end of the course you will have a solid understanding of the issues involved, the ability to build your own economic models, and confidence in interpreting the results of your analysis.
This Introduction to Upstream Petroleum Economics & Risk Analysis course is suitable for professionals looking to develop their understanding of upstream petroleum economics theory and practice, regardless of whether they have a technical or commercial background.
Participants do not need prior knowledge of petroleum economics or the upstream industry to take this course. Some knowledge of Microsoft Excel™ is required. Attendees should bring a laptop loaded with Microsoft Office™ to the course.
The content of this programme is structured as follows:
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The cost of this course may vary by location. See above or request information for prices.
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