Given the volatility in oil prices today, the economic evaluation of
an upstream oil and gas investment is essential. Business decisions
involving asset acquisitions, lease-buy assessments, exploration drilling
options, oil and gas field development, equipment purchases, and fiscal
negotiations all require detailed economic analysis.
Upstream Petroleum Economics, Risk & Fiscal Analysis course
provides participants with a complete understanding of the use of the
techniques of economic analysis and risk analysis as currently practiced
in the oil & gas industry.
This course covers cash flow analysis, deriving and understanding
economic indicators and detailed probability and fiscal analysis. These
are vital components of the evaluation of investments in today’s
international upstream oil & gas industry.
Participants will receive a thorough understanding of the context of
economic analysis as well as practical instruction and an appreciation of
the analytical techniques used. Participants will be engaged in exercises
and examples to reinforce their understanding of the concepts learnt.
