Basic petroleum economics - bec3 dr kent saugier kent saugier is a hands-on scientific, technology and business professional with twenty-five years' experience in upstream oil and gas, offshore technology, economics, economic modeling, international petroleum contracts, project management, software applications and technology including design, licensing and commercialization. Training course advanced petroleum refinery economics training duration 5 days training date advanced petroleum refinery economics 5 10 – 14 june $3,300 doha, qatar. For participants with more exposure to the subject, please review the economics of worldwide petroleum production description as its course content is more advanced than either basic petroleum economics or expanded basic petroleum economics. Advanced petroleum economics staber basic petroleum economics mai 2004 ppm 2nd workshop of the china case study 1 investment decisions. The 10-day advanced financial modelling & petroleum project economics an intensive 2-week training course this course is designed, developed, and will be delivered under.
Advanced petroleum economics - powerpoint ppt presentation petroleum economics description: petroleum economics istvan csato department of geological sciences . Home » seminars » risk management » the 10-day advanced financial modelling & petroleum project economics introduction in the globally competitive world of the 21 st century, business decision-makers face unprecedented levels of change, risk and uncertainty and nowhere is this more true than in the oil and gas sector. Petroleum economics brings together information and expertise across the e&p spectrum and a clear understanding of the following is required: beginner to advanced . Advanced petroleum economics & risk analysis 1 wwwpetroedgeasianet advanced petroleum economics & risk analysis your expert course director: peter wright principal economist robertson cgg company peter is currently principal economist with roberson uk in the petroleum reservoir & economics department.
Petroleum economics course overview the course is designed for learning the basics of petroleum economics and uses a combination of instruction and exercises to ensure participants absorb both the theory and the practical application of the topics. 3esi-enersight offers the most flexible petroleum economics software solution with full oil and gas evaluation, petroleum economic analysis & global fiscal. Training course advanced petroleum refinery economics training duration 5 days training date &venue ref fb025 advanced petroleum refinery economics 5 16 – 20 oct $4,250 dubai, uae. This gl o macs advanced oil & gas project economics, risk & decision analysis training seminar is designed to provide technical and practical approaches to executing a petroleum related project in the upstream sector.
Revenue, capex, opex 3 reserves 3 sunk costs: 3 opportunity costs: 3 royalty, tax, ring fencing 4 types of petroleum fiscal regimes 4 net cash flow 4 concessionary system vs production sharing contracts 5 going internation – bidding process 5 economic modelling 6 production costs 7 wildcat 7 what is the wild cat success ratio. Advanced petroleum geomechanics 45 average client rating (based on 126 attendee reviews) this course builds on the next fundamentals of petroleum geomechanics course and starts to investigate geomechanics beyond simple elastic, isotropic behaviour. Stages and technico-economic aspects of the exploration-production reserve evaluation economic criteria and evaluation method of an oil project oil contracts and principle of the oil rent sharing. An intensive 2-week training course the 10-day advanced financial modelling & petroleum project economics vital techniques for managing risk & performance in oil and gas. Petroleum production forecasting – exponential, hyperbolic, harmonic decline curves cash flow components & economic indicators (time value of money) finance loan analysis, capital budgeting techniques & incremental economics (discounted cash flow).
Petroleum economics it covers everything you need to know about the economics behind the petroleum industry, in very simple language advanced petroleum . Part (i) gives an overview of petroleum markets today, including resource allocation, production, trade, and the role of energy in the world economy this part also gives the historical perspective part (ii) presents theories to model the oil market. Chapter 2 ~ petroleum economics 31 gas reserves are in only four countries—russia, saudi arabia, iran and iraq figure 2-1: world reserves and production by country. Msc petroleum, energy economics and finance is highly regarded for being intellectually challenging and providing career-ready credentials to help increase your employer appeal within an energy economics context.
This course is designed for learning the basics of petroleum economics and project selection several key concepts that will be covered are the time value of money, cash flow basics, common economic indicators, fiscal systems and project selection fundamentals an introduction to basic risk analysis will also be presented. Petroleum economics & risk analysis training, courses, workshops, seminars and programs by smartkoncept petroleum in houston texas, dubai uae, london uk, abuja, lagos or port harcourt nigeria, luanda angola or johannesburg south africa. Petroleum economics and management advanced econometrics • describe the main characteristics of various crude oils and petroleum products.
600 019 advanced petroleum economics600019 advanced petroleum economics lecture notes originaly prepared by stephan staber, 2007, leoben revised by stephan stab er, october 2008, vienna. Our advanced upstream petroleum economics, risk & fiscal analysis course will cover some of the topics in more details and advanced level the coverage includes economic analysis for e&p decisions, incremental economic evaluations and the uncertainty in economic analysis. This advanced economics course will provide a thorough insight into the world of upstream petroleum economics and risk analysis to address these questions and many more who should attend this 5 day practical course is an ideal next step from our introductory course on upstream petroleum economics and risk analysis ‘an introduction to . Advanced petroleum economics and risk analysis audience the course is suitable for delegates of all technical and commercial disciplines from oil and gas companies, governments, banks, legal and accounting organizations.