About This Course
By joining the course, participants will learn why project economics are vital in upstream oil and gas projects. They will also learn about the project lifecycle. During the course, common types of oil and gas upstream projects will be presented.
A number of numerical problems using Microsoft Excel will be used in the class to illustrate the various principles.
Petroleum Economics & Decision Making Under Uncertainty
By joining the course, participants will learn why project economics are vital in upstream oil and gas projects. They will also learn about the project lifecycle. During the course, common types of oil and gas upstream projects will be presented.
A number of numerical problems using Microsoft Excel will be used in the class to illustrate the various principles.
Description
This course is designed for learning the principles of petroleum economics and project evaluation. Several key concepts that will be discussed are the time value of money, cash flow, common economic indicators, fiscal systems and project evaluation fundamentals. An introduction to risk analysis will also be presented.
