Fllow Us : facebook twitter linkedin youtube
  • info@donmamtc.com
  • 00201117722400
  • Basic Petroleum Economics

    Course Objective

    • Describe the role of petroleum economics in exploration, development, production, and Financing decision making
    • Calculate the expected monetary value of a venture
    • Discount a cash flow forecast and calculate net present value, internal rate of return, unit technical cost and break-even cost
    • Apply procedures by which to rank projects and evaluate alternatives
    • Evaluate the robustness of a project against sensitivities in the controlling parameters
    • Determine incremental value after isolating cost and revenue profiles from an existing project

    Who Can Benefit?

    • Geo-scientists, engineers, staff working in finance, or commercial departments of oil and gas companies, or companies which supply finance or services to the oil and gas industry

    Course Outline

    • Introduction
      • Accounting Concepts
      • Weighted Average Cost of Capital
      • Project Definition
      • Profitability Analysis
      • Cash Flow Analysis
      • Discounted Cash Flows
      • Net Present Value
      •  Field and Reservoir
      •  Basic Reservoir Parameters
      • Area of Closure
      • Rock Volume
      • Recovery Factor
      • Geological Risk
      •  Statistical Analysis
      • Geological Analysis
      • Probability Distributions
      •  Interdependence of Variables
    • Exploration Economics
      • Exploration Costs
      • Geophysical Programs: 2-D and 3-D
      • Cost of Exploration Wells: Onshore and Offshore
      • Delineation Costs
      • Oil and Gas Reserves
      • Appraisal Programs
      • Appraisal Well Costs
    • Development Economics
      • Development Wells
      •  Production Methods
      • Primary, Secondary, and Tertiary Recovery
      • Development Costs
      • Development Schedules
      • Deep Water Issues
      • Development Well Costs
      • Facilities Costs
      • Gas/Oil Ratio and Facilities Costs
      • Platform Costs
    • Operations Economics
      • Oil and Gas Production
      • Transportation Costs
      •   Prices
    • Finance Economics
      • Escalation and Inflation
      • Nominal and Real Values
      • Constant Dollar Cash Flows
      • Financing
      • Oil & Gas Field Profitability

    Code Courses Title Date Venue Price Request
    AC17 Basic Petroleum Economics
    03 Mar to 07 Mar 2024 cairo Contact-us
    07 Jul to 11 Jul 2024 Istanbul Contact-us
    22 Sep to 25 Sep 2024 cairo Contact-us
    24 Nov to 28 Nov 2024 KSA -Al-khobar Contact-us

    © 2017 Powered by pioneereg.net