This course provides an introduction to the economic analysis of international petroleum ventures. Furthermore, it gives exposure to the most widely accepted techniques used in the economic analysis of investment opportunities in the ‘upstream’, or exploration and production (E & P) sector of the oil industry.
This course is designed for drilling engineers, drilling accountants, drilling planning executives, business development executives & managers, finance executives, supply chain managers, contracts, procurement, well engineers and geologists.
This course is designed for drilling engineers, drilling accountants, drilling planning executives, business development executives & managers, finance executives, supply chain managers, contracts, procurement, well engineers and geologists.
This course is designed for drilling engineers, drilling accountants, drilling planning executives, business development executives & managers, finance executives, supply chain managers, contracts, procurement, well engineers and geologists.
Given the volatility in oil prices today, the economic evaluation of an upstream oil and gas investment is essential. Business decisions involving asset acquisitions, lease-buy assessments, exploration drilling options, oil and gas field development, equipment purchases, and fiscal negotiations all require detailed economic analysis. The course will cover cash flow analysis, deriving and understanding economic indicators and detailed probability and fiscal analysis. These are vital components of the evaluation of investments in today’s international upstream oil and gas industry.