Petroleum Project Economics & Risk Analysis

Course Objectives

Understanding various economic terms used in the oil & gas industry
Understanding how to develop economic models of various petroleum fiscal regimes
Carrying out cash flow analysis and determine economic indicators
Carrying out different economic analyses for petroleum related projects
Evaluating and quantify risks and uncertainties
Making the right investment decision in the presence of risk
Carrying out a comprehensive economic evaluation study for any petroleum related project including risk analysis and sensitivity study using spreadsheet

Who Should Attend?

Engineers
Geologists
Accountants
Technicians who need to learn how to conduct economic evaluation and to understand the role of petroleum economics in investment decision making.
Supervisors & managers in the Planning, Exploration, Production, Projects, Financing and Technical Departments in Oil & Gas Companies

Course Outline

Cash Flow Analysis

Familiarization with Economic terms.
Calculation of Capex, Opex and Revenue
Cash Flow Calculation
Petroleum Fiscal Regimes
Tax & Royalty Regime
Production Sharing Contracts (PSC)
Depreciation Methods
Nominal & Real Cash Flow
Sunk (Past Exploration)Costs
Project Financing

Economic Indicators

Present Value & Discount Factor
Net Present Value
Internal Rate of Return
Effect of Project Delay
Payback Period
Maximum Exposure
Capital Productivity Index
Evaluating Incremental Projects
Comparing Indicators

Risks and Uncertainties

Expected Monetary Value
Quantifying Risk and Uncertainty
Decision Tree Analysis
Added Value of Data acquisition
Farm-out Decision
Probability Analysis
Sensitivity Analysis
Spider and Tornado Diagrams
Probability Distribution
Monte Carlo Simulation

Setting up Spreadsheet Calculation

Setting up an Integrated Economic Model of a Typical Oil Field Development Project including Sensitivity Analysis

Setting up Oil Field Development Model

Team Participation to Evaluate Different Project Economics Using the Model

Kami memberikan alternatif Fasilitas atas Investasi anda dalam Program ini, diantaranya :

Sertifikat, Peralatan Training, USB, Souvenir, Lunch, Coffe Break, City Tour.
Running minimal 2 Orang (Semarang, Jogja, Solo), Running minimal 3 Orang (Bandung, Jakarta), Running 4 Orang diperuntukan untuk daerah (Bali, Lombok, Manado, Balikpapan).
Kami menyediakan transportasi antar Jemput dari Stasiun/Bandara ke Tempat Pelatihan(Hotel) bagi perusahaan yang Running minim 2 Orang.
Harga dilampirkan di Brosur Penawaran.

Untuk daerah luar Kota Yogyakarta Harga Menyesuaikan.

Hotel Pilihan (Sementara) Bisa Menyesuaikan sesuai Kesepakatan.

Hotel Ibis Malioboro, Yogyakarta
Hotel Ibis, Solo
Hotel Ibis Simpang Lima Semarang
Hotel Fave, Balikpapan
The Santosa Villa and Resort, Lombok
Hotel Nagoya Plaza, Batam
Hotel Gino Ferruci, Bandung
Hotel Fave Pasar baru Jakarta, Jakarta
Hotel Santika Kuta, Bali
Hotel Aston, Manado
Hotel Santika Pandegiling, Surabaya

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Tambahan Informasi :

1. Silahkan tanyakan ketersediaan Tanggal dan Waktu dari jadwal training terbaru apabila anda tidak menemukan waktu yang sesuai dengan jadwal anda.

2. Training dapat disesuaikan dengan kebutuhan perusahaan jika dalam bentuk In-House Training. Silahkan baca ketentuan In-House Training diwebsite kami atau hubungi kami di Nomer Mobile untuk mendapatkan Fast Respon.

3. Silahkan mengisi Form Request Training di website kami untuk mendapatkan informasi tambahan yang belum ada, atau jika anda ingin menanyakan usulan materi sesuai kebutuhan perusahaan. Hubungi kami lewat email yang tertera atau Register disini!

4. Apabila telah menerima Silabus Training, Customer dapat Request Waktu Training yang diinginkan.

5. Informasi dan Data yang jelas akan memudahkan kami untuk segera merespon permintaan anda.