Date: TBA
Location: London
   

 

Instructor:

Chris Storey


Course Duration:

one week


Objectives:

This course provides an introduction to the economic analysis of international petroleum ventures. Furthermore, it gives exposure to the most widely accepted techniques used in the economic analysis of investment opportunities in the ‘upstream’, or exploration and production (E & P) sector of the oil industry.


Content:

  • Introduction
  • Basic Principles
  • The Time Value of Money
  • Profitability Indicators
  • Other Economic Indicators
  • No-risk Economic Evaluation Methods
  • Cash Flow Analysis
  • Quick look methods and rules of thumb
  • Detailed Studies
  • Decision Theory and Risk Analysis
  • Statistical methods and risk analysis
  • Statistical methods in exploration
  • Risk weighted Economic analysis
  • International Fiscal Regimes
  • Regimes for international E & P
  • Royalty and Income tax systems
  • Cost recovery and production sharing
  • Other fiscal elements , The Petroleum Economics of Gas
  • Strategic Matters
  • Strategic Planning
  • An approach to new venture analysis

Registration Form