3 Day Masterclass in Petroleum Project Economics | Terrapinn Training
3 day Masterclass

Petroleum Economics

INTRODUCTORY COURSE ECONOMICS BEHIND THE PETROLEUM INDUSTRY DECISION MAKING CRITERIA

Availability:

Dubai, 23-25 Apr 2017


MASTER PETROLEUM PROJECT ECONOMICS IN JUST 3 DAYS...

This 3 Day MBA in Petroleum/Project Economics is an entry-level course designed to bridge gaps in your knowledge and give you a true business advantage. It covers everything you need to know about the economics of the petroleum industry, getting you up to speed in just three days.

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learn in depth

Gain in-depth knowledge of project economics analysis and decision-making

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expand your knowledge

Learn how to incorporate financing and government fiscal terms into the analysis

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learn from the best

Analyse the pitfalls that can trip up the inexperienced

BRIDGE THE GAPS IN YOUR KNOWLEDGE

Over the course of the three days, you will identify the criteria used in project economics decision-making; e.g., rate of return, NCF, IRR, Discounted payback period, NPV (based on different cash-flow assumptions), PI, EMV, as well as the objectives of different investors and producers in the context of the various decision-making criteria. The course also emphasizes on the appropriate use of Excel in developing cash-flow models and calculates profitability indicators.

Throughout the course, learning is continually reinforced through the presentation of specifically designed examples and exercises, and through case studies where all calculations are first illustrated and explained, and then modeled to produce the necessary economics and fiscal decision-making indicators.

In just 3 days you will:

  • Look at typical profitability indicators in the industry and how to use these correctly
  • Discover how to make intelligent, well informed investment decisions
  • Understand how to analyse risk and handle uncertainty in capital investments
  • Look at typical oil and gas company objectives and activities, as well as understanding supply and demand in the industry
  • Discover the different types of inflation and the various risk factors in the industry
  • Avoid the mistakes made by many experienced analysts

Organisations that will benefit:

  • Oil & Gas companies
  • Government & Regulatory Bodies: Policy Advisors
  • Banks & Investors
  • Petroleum Economists
  • Law Firms
  • Stock Traders
  • Suppliers
  • Royalty Administrators
  • Tax Advisors & Business Analysts
  • Land Administrators

Who will attend:

  • Government officials
  • Country managers & external affairs
  • C Level Executives
  • Tax advisers & fiscal issues planners
  • Legal counsels and negotiators
  • Executive strategy & planning managers
  • Bankers and stock traders
  • Lawyers
  • Economists, business analysts & business development personnel
  • Engineers and earth scientists

Course Agenda

  • Big Picture
  • Speed Networking
  • Oil & Gas Company Objectives
  • Demand & Supply
  • Inflation & Risk
  • Simple & Compound Interest
  • The Time Value of Money
  • Problems & Solutions
  • Debt Cash-Flows
  • Before-Tax (BTAX) Cash-Flow Model
  • CAPEX Breakdown
  • OPEX Breakdown
  • Sample Before Tax (BRAX) Cash-Flow Model
  • After-Tax (ATAX) Cash-Flow Model
  • Crude Oil Price
  • Multiple Choice Problems
  • Profitability indicators
  • Investment Selection Decision Making
  • Risk Analysis in Capital Investments
  • Multiple Choice Problems
  • Glossary of Financial Terms
  • Use of Excel Financial Functions in Petroleum/Project Economics

For further information please call: +44 (0)207 092 1045

  • “Very good presentation. I particularly enjoyed learning about the NPV concept and cash-flow.”

    - Past Delegate

  • “Excellent trainer who really knows his stuff.”

    - Past Delegate

  • “The trainer has very solid knowledge and very good presentation skills.”

    - Past Delegate

  • “Very useful course, the trainer is one of the best.”

    - Past Delegate

IN-HOUSE

We can come to you too! If you have a team of six or more, why not hold a private course? Our experts come to you and the course is tailored to your requirements.

Call +44 (0)20 7092 1045 (United Kingdom)
or +65 6322 2333 (Asia Pacific)
for more details

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