Course not currently available

Fundamentals of Petroleum Economics

Course

Distance

£ 1001-2000

Description

  • Type

    Course

  • Level

    Intermediate

  • Methodology

    Distance Learning

  • Duration

    12 Weeks

  • Online campus

    Yes

  • Delivery of study materials

    Yes

  • Support service

    Yes

  • Personal tutor

    Yes

  • Virtual classes

    Yes

Suitable for: The programme is designed for a wide range of professional skill sets, including: economists, analysts, engineers, geoscientists, asset managers, accountants, negotiators, lawyers, financiers and decision-makers. While some previous knowledge of the petroleum industry would be beneficial (such as from our Fundamentals of Oil and Gas), it is by no means essential as the material is designed for a multi-disciplined audience, and each topic builds from a basic introduction assuming little or no prior knowledge.

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Reviews

Subjects

  • Oil and Gas
  • Petroleum
  • Economics

Teachers and trainers (1)

Faculty Faculty

Faculty Faculty

Faculty

A varied faculty of practitioners and educators with industry experience offering a combination of professional knowledge, practical experience and top level presentation and writing skills to ensure that all contributors maintain the high quality of delivery required by IBC Academy.

Course programme

Course review:

This course provides a thorough, practical introduction to the techniques used within the petroleum industry to value projects, assets and companies. Students will be able to use this knowledge to practise their own valuations or critically review those produced by others. The material covered commences with general discounted cash flow principles and progresses through to the more sophisticated simulation and real options approaches. It also addresses issues specific to the oil and gas industry such as fiscal systems, risk analysis and competitive bidding.

Course Programme
1 Cash Flow Components and Economic Indicators
2 Upstream Petroleum Economics
3 Midstream and Downstream Petroleum Economics
4 Managing and Mitigating Uncertainty and Risk
5 Sensitivities, Simulations and Decision Analysis
6 Valuing Petroleum Assets, Portfolios and Companies

Additional information

Leading part-time distance learning course for professionals

Fundamentals of Petroleum Economics

£ 1001-2000