Course description
Oil & Gas Project Economics, Evaluation & Financial Modelling (Public & Virtual)
This 5-Day course covers the setup of economic analysis cases, including the estimation of recoverable reserves, production profiles, commodity prices, and project costs CAPEX, OPEX, taxes, royalties, transportation, depreciation, before-tax (BTAX) cash-flow, after-tax (ATAX) cash-flow, international fiscal regimes (production sharing agreement and concessionary system). The course starts from the basic required parameters of inflation, interest and time value of money. These concepts are then transformed into profitability indicators. Last but not the least, the profitability indicators are then used to make investment decisions.
Emphasis of the course is to bridge the gap between theoretical concepts and their practical limitations. The participants will be able to appreciate the amount of information that they never thought of. In addition to this, emphasis is also on the use of Excel's financial functions. This understanding is very critical when it comes to building economic cash-flow models. Over the years we have seen that participants really struggle with using the Excel functions correctly and this leads to mistakes that can be easily avoided.
Upcoming start dates
Suitability - Who should attend?
Who should attend
- Planning managers
- Oil & gas engineers
- Project managers
- Analysts
- Commercial managers
- Economists, business analysts & business development personnel
- Government officials, legal counsels & negotiators
- Geologists
- Business advisors
- Asset managers
- E&P managers
Outcome / Qualification etc.
- Learn how to reduce exposure and mitigate risks in projects and handling uncertainty
- Clarify concepts such as: time value of money, cash-flow models, capital budgeting, IRR, NPV, income producing investments
- Maximise the return on investments by good decision making processes based on the commercial viability of projects
- Improve your decision process, investment and opportunity analysis
- Practice the hands on experience in building your own economic evaluation models and solving case study based examples
Course delivery details
All London Petro Academy courses are available face to face classroom style as well as virtually.
They are also available In-House and can be tailored to your company's specific requirements.
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London Petro Academy Limited
Worldwide Leading Oil & Gas & Renewable Energy Training Provider headquartered in London, we have been operating all over the world providing world-class training courses for oil and gas and renewable energy professionals. London Petro Academy covers the entire Oil...