The Economics of Exploration and Production in the Oil and Gas Industry

Course

In Hailsham

£ 2,825 + VAT

Description

  • Type

    Course

  • Level

    Beginner

  • Location

    Hailsham

  • Class hours

    8h

  • Duration

    5 Days

Understand the fundamentals of the economics

By the end of this course participants will have a better understanding of -
How to evaluate the economic viability of a project using the DCF method
Petroleum contracts and fiscal systems
Models to weigh risk and uncertainty
Techniques to manage sensitivity and after tax factors
The effects of finance, inflation, tariffs and breakeven costs on financial performance
The basic principles of gas economics
Project evaluation and screening criteria

Facilities

Location

Start date

Hailsham (East Sussex)
See map
Po Box 28, bn27 1ra

Start date

On request

About this course

This introductory course is intended for Managers, Engineers, Accounting/Commercial Officers and other personnel who need to develop or improve their skills and understanding of basic economic analysis and profitability of petroleum exploration and production.

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Reviews

Subjects

  • English Language
  • Economics

Teachers and trainers (1)

TBC TBC

TBC TBC

Senior Trainier

Course programme

Topics covered during the course will include :
  • Project Economics - The DCF Method
  • Economics - Allowing for inflation and exchange rates
  • Decommissioning
  • Tariffs and breakeven costs
  • Petroleum contracts and fiscal systems
  • Decision and uncertainty analysis
  • Information management
  • Gas Economics
  • Economic analysis and indicators
  • Exploration and Production Economics - The Legal Approach

The Economics of Exploration and Production in the Oil and Gas Industry

£ 2,825 + VAT