This course is aimed at providing fundamental knowledge of economics, contracts/taxation and finance/control for upstream oil and gas projects in the light of risk and uncertainty. Economic analysis is a vital input to decision making, whether for maximising value of investment opportunities or insuring capital is allocated wisely.
Course Structure: 3 modules of 3 hours each, delivered over 3 days Each day will consist of 1 module which will be no more than 3 hours in length with multiple breaks.
Course Level: Skill Duration: 3 days Instructor: Pete Smith
Designed for you, if you are...
A petroleum / reservoir /drilling engineer or geoscientist working in a multidiscipline team
How we build your confidence
This is a three-session online course with lectures supported and illustrated by worked examples, case studies and follow-up exercises, group exercises and quizzes to give assurance that key learnings are accomplished.
The benefits from attending
By the end of the course you will feel confident in:
Investigating investment profitability using decision analysis
Validating data using statistical distributions and combining them
Evaluating forecasts and presenting them effectively including the correlation between variables
Understanding the economic & contractual framework
Assessing portfolio management; asset aggregation, methodology and processes