Workshop On Petroleum Project Economics And Risk Analysis
and Production companies often must evaluate their potential E&P investment
using proper present value analyses of expected future cash flows. From the
projected cash flows and required investments, the annual rate of return and
other project economic indicators can be extracted to evaluate the significance
of company investment.
program provides practical guidance in the application of the techniques of the
economic analysis currently used in the oil & gas industry. When executing
a petroleum related project, one should be able to choose the best alternative
from economic point of view as well as to properly evaluate various investment
opportunities by determining economic indicators and sensitivity analysis.
Techniques for predicting profit, production, costs, and cash flow enable the
analyst to evaluate decision alternatives for optimum results. Understanding
economic indicators, risk and uncertainty, different economic structures such
as tax regimes and production sharing contracts, enhances the quality and the
value of economic analysis.
By the end of the course the
participant should be able to:
various economic terms used in the oil & gas industry.
how to develop economic models of various petroleum fiscal regimes.
out cash flow analysis, different economic analyses for petroleum related
project and determine economic indicators.
and quantify risks and uncertainties.
the right investment decision in the presence of risk.
out a comprehensive economic evaluation study for any petroleum related
project including risk analysis and sensitivity study using spreadsheet.
to the petroleum project investment within a solid economic system and do
a detailed economic evaluation.
to the decision making process for any petroleum related project.
WHO SHOULD ATTEND
workshop is designed to provide technical and practical approaches to executing
a petroleum related project in upstream sector. This program is suitable to a
wide range of professionals but will greatly benefit:
from Ministries of Oil, Gas & Petroleum,
- Oil and
Gas Field Engineers,
- Oil and
- Oil and
- Oil and
Rate of Return
of Project Delay
with Economic terms
up Cash Flow Calculation
& Real Cash Flow
to Spreadsheet Calculation
Cash Flow Using Excel
of economic indicators
up Oil Field Development Model
up an Integrated Economic Model of a Typical Oil Field Development
Sensitivity Analysis for the selected model
to Russell field model
This course is delivered by our seasoned trainers who have
vast experience as expert professionals in the respective fields of practice.
The course is taught through a mix of practical activities, theory, group works
and case studies.
Training manuals and additional reference materials are
provided to the participants.
Upon successful completion of this course, participants will
be issued with a certificate.
We can also do this as tailor-made course to meet
organization-wide needs. Contact us to find out more: firstname.lastname@example.org
· The training will be conducted at SKILLS FOR AFRICA TRAINING INSTITUTE IN NAIROBI
· The training fee covers
tuition fees, training materials, lunch and training venue. Accommodation and
airport transfer are arranged for our participants upon request.
Payment should be sent to our bank account before start of
training and proof of payment sent to: email@example.com