Petroleum Projects Economics & Risk Analysis course

تفاصيل الدوره

Petroleum Projects Economics & Risk Analysis course

Duration : 5 Days / 20 Hours

Available ONLINE via Google Meet

محاور الدوره

Who Should Attend ?

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Engineers, geologists, economists, accountants, technicians who need to learn how to conduct economic evaluation and to understand the role of petroleum economics in investment decision making. This course is also recommended for supervisors & managers in the Planning, Exploration, Production, Projects, Financing and Technical Departments in Oil & Gas Companies.

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The Goals:

The Primary Objectives of the Course are to:

Understand various economic terms used in the oil & gas industry

Understand how to develop economic models of various petroleum fiscal regimes

Understand different depreciation methods.

Carry out cash flow analysis and determine economic indicators

Carry out different economic analyses for petroleum related projects

Evaluate and quantify risks and uncertainties

Make the right investment decision in the presence of risk

Evaluate farming-out alternatives

Carry out sensitivity analysis to determine the sensitivity of a number of key economic indicators when varying assumed parameters.

Carry out a comprehensive economic evaluation study for any petroleum related project including risk analysis and sensitivity study using spreadsheet models.

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The Benefits:

Participants will gain the knowledge and skills of evaluating upstream petroleum assets, including the determination of economic indicators and analyzing risk and uncertainty.

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The Results:

This course is a practical petroleum economics course, which introduces participants to methods and practices utilized in the international oil industry to examine the economic viability of upstream oil & gas projects. The development and the application of spreadsheet models will enable participants to evaluate the economics of a field development project.

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Core Competencies:

Experience gained will allow participants to apply tools for analyzing risk and uncertainties.

Participants will be able to prepare cash flow analysis including the determination of economic indicators for different fiscal regimes

Experience gained will include quantifying and qualifying risk and uncertainty through decision analysis and sensitivity analysis.

Participants will be able to determine recoverable reserves using probabilistic methods.

Participants will understand the role of petroleum economics in evaluating reservoir development project.

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Please fill out the following application

https://bit.ly/3VpAHKh

for more information:

00201068756865

Email: info@itcgroup.org