Basic Petroleum Economics - BEC3

Basic Petroleum Economics - 3-day training course by PetroSkillsCould you answer the following three questions for your next project? What will it cost? What is it worth? Will it earn sufficient profit? Before undertaking any project, these questions should be answered, and this course will provide the fundamentals necessary to enable you to do so. Contractual arrangements, which also significantly impact the economic viability of a project, are covered. Participants practice cash flow techniques for economic evaluations and investigate frequently encountered situations. Each participant will receive Economics of Worldwide Petroleum Production, written specifically for PetroSkills courses. This course is suggested for employees of PetroSkills member companies. Individuals may wish to participate in either this course or Expanded Basic Petroleum Economics, which is the five-day version which includes expanded material covering finance, accounting, and budgeting. Find out more