Training Petroleum Project Economics and Risk Analysis

Training Petroleum Project Economics and Risk Analysis

Seminar Objectives

The primary objectives of the program are to:

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

Training Methodology

The program will include a number of exercises aimed at enhancing each participant capability to conduct various economic evaluations. In addition each participant will attempt to develop spreadsheet calculations of various economic analyses. At the end of the program each participant will be given a comprehensive spreadsheet model that can carry out a complete economic evaluation including a sensitivity analysis.

Additionally, the program assumes no or limited prior knowledge of the topics covered in the program. New concepts and tools are introduced gradually to enable delegates to progress from the fundamental to the advanced concepts of economic evaluation.

Who Should Attend?

Oil & gas professionals such as engineers, geologists, economists, accountants, technicians who need to learn how to conduct economic evaluation and to understand the role of petroleum economics in investment decision making. This program is also recommended for supervisors & managers in the Planning, Exploration, Production, Projects, Financing and Technical Departments in Oil & Gas Companies.

Programme Outline

1 – Cash Flow Analysis Familiarization with Economic terms Feasibility Studies Setting up Cash Flow Calculation Depreciation Depreciation Methods Loss Carry Forwards Inflation Nominal & Real Cash Flow Sunk Costs Project Financing

2 – Economic Indicators Economic Indicators Definitions Present Value Concept Discount Factor Net Present Value Internal Rate of Return Effect of Project Delay Payback Period Profit/Investment Ratio Incremental Projects Comparing Economic Indicators

3 – Risks and Uncertainties Risk & Uncertainty Expected Value Concept Decision Tree Analysis Farm-out Decision Probability Analysis Sensitivity Analysis Spider and Tornado Diagrams Probability Distribution Monte Carlo Simulation

4 – Setting up Spreadsheet Calculation Introduction to Spreadsheet Calculation Simple Cash Flow Using Excel

5 – Setting up Oil Field Development Model Setting up an Integrated Economic Model of a Typical Oil Field Development Project including Sensitivity 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.