Fundamentals Upstream Petroleum Economics & Risk Analysis and Economic Aspects of Production Sharing Contracts with Fugro Robertson

Course Overview

An Introduction to Upstream Economics and Risk Analysis is a practical course that will enable delegates from all technical and commercial disciplines to become familiar with the theories and methods used to value oil and gas prospects, discoveries and fields in the international petroleum industry.

This course will help you:

 Develop your knowledge of upstream economic evaluation

 Understand practices to quantify uncertainty and risk in exploration, reserves and cost determination, and economic evaluation

 Contribute to economic evaluation and appraisal for exploration, development and production activities Course benefits include:

 Gaining experience of economic evaluations

 Constructing production sharing contract and tax and royalty concession spreadsheets

 Understanding the government and oil company perspectives

 Understanding the differences between petroleum production fiscal and contract terms  Evaluating investment opportunities