ECONOMIC ASPECTS OF PRODUCTION SHARING CONTRACTS (PSC)

Course Overview

Whilst it is suitable for delegates from all technical and commercial disciplines, some background knowledge in upstream economics would be an advantage. Course participants will: –
» Investigate cost recovery
» Understand profit sharing
» Learn about bonuses and bonus calculations
» Examine sliding scale fiscal mechanisms
» Identify taxation liability and allowances
» Study ring fence calculations and examples
» Analyse and discuss the economics of PSCs
Notes for participants:
– A comprehensive course manual with model answers to the workshop questions will be provided. A working knowledge of Microsoft® Excel is required.
– Delegates will be required to bring a laptop with Excel loaded to undertake the workshops.

 

Detailed course schedule:

OIL & GAS ASSET NET CASH FLOW – TAXATION AND GOVERNMENT TAKE COMPONENTS
– Production Sharing Contracts
–  Royalty & Taxation Systems
–  Risk Service & other systems
– Calculating Royalties, Taxes, Cost Recovery and Profit Oil Splits

FISCAL SYSTEMS IN PRACTICE
– The concept of marginal government take: Its Meaning and Uses
– Practical Guide to calculation of Marginal Government take
– Worldwide comparison of Government Take

REVIEW OF FISCAL SYSTEMS INCLUDING A SECTION FROM:
Tanzania, Australia, Angola, Ghana, Brazil, Indonesia, Vietnam, India, Namibia, Malaysia, Norway, USA, Canada, PNG

UPSTREAM ECONOMICS WORKSHOP: THE PSC MODEL CASE STUDY
– Introduction to the gas discovery, PSC based case study
– Establishing the economic model framework, structure & calculation flows
– Understanding the PSC fiscal structure & algorithms
– Determining the field, economic & fiscal data and building the input decks
– Step by step construction and audit of the PSC model
– Running the economic cases & evaluating the results
– Summary and closing remarks

Upstream economics workshop: The PSC model case study

THE ECONOMICS OF LNG INCLUDING A WORKSHOP
– LNG Pricing around the world
– Calculation of the LNG netback price
– Quick guide to LNG Process and costs
– Construction of the LNG Economic model
– Determination of transfer price between the Upstream Project and LNG Plant
– Consideration of the returns to the LNG project versus the returns to the Upstream project

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Here is a list of the related trainings we had held over the years: –
*  Advanced Operation Geology
*  Advanced Pressure Concepts with Ikon Science
*  Advanced Seismic Data Processing
*  Analysis & Prediction of Natural Fracture System
*  Application of Structural Geology in Seismic Interpretation
*  Applied EOR Technology and Project Management
*  Applied Petroleum Geostatistics
*  Applied Reservoir Engineering
*  AVO – Attributes and Inversion: Principles and Applications
*  AVO and Seismic Inversion
*  Basin Analysis
*  Carbonate Reservoir Geology
*  Clastic Exploration & Reservoir Sedimentology
*  Deepwater Turbidites
*  Fractured Reservoir Characterisation
*  Fundamentals of Seismic For Non-Geophysicists
*  Heavy Oil Development and Production
*  How to Interpret multi – well Pressure Depth Plots from DSTs & RFTs including Hydrodynamics
*  Image Log  Interpretation
*  Integrated Reservoir Studies
*  Integrated Sequence Stratigraphy
*  Operations Geology
*  Petroleum Geology for Non-Geologist
*  Prospect Maturation
*  Reservoir Engineering for other Technical Disciplines and Geosciences Professionals
*  Seismic Interpretation
*  Subsurface Mapping for Exploration and Development
*  Velocities – Migration – DMO and Velocity Model Building
*  Well Test Design and Analysis

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

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

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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.

Customer Dapat Request Tempat, Waktu, serta Fasilitas Training. Silahkan Hubungi kami untuk Menerima Brosur Penawaran.