A highly interactive training course on

Optimizing Petroleum Investments: Project Evaluation and Risk Analysis

Mastering Petroleum Economics, Project Evaluation & Risk Analysis
Coventry Academy -  Optimizing Petroleum Investments: Project Evaluation and Risk Analysis
5
Days

Course Schedules

Training course overview

Petroleum economics, project evaluation, and risk analysis are critical components of any successful oil and gas business. Understanding the economic and financial principles that drive the industry is essential for making informed decisions and achieving profitable outcomes. This 5-day training course is designed to provide participants with an in-depth understanding of the principles of petroleum economics, project evaluation, and risk analysis. The course will focus on the fundamentals of economics, financial analysis, and project management, as well as exploring the practical applications of these principles in the oil and gas industry.

What are the goals?

By the end of this training course, participants will be able to:

  • Understand the fundamentals of petroleum economics and financial analysis
  • Learn the principles of project evaluation and risk analysis in the oil and gas industry
  • Develop the skills to apply economic and financial principles to decision-making processes in the oil and gas industry
  • Gain insight into the current state of the oil and gas industry and its impact on economic and financial analysis

Who is this training course for?

This training course is suitable to a wide range of professionals but will greatly benefit:

  • Financial Analysts
  • Project Managers
  • Economists
  • Engineers
  • Professionals who are involved in decision-making processes related to petroleum economics, project evaluation, and risk analysis

Course Outline

Day One: Introduction and Fundamentals of Petroleum Economics
  • Overview of Petroleum Economics
  • Principles of Cash Flow and Time Value of Money
  • Basic Economic Indicators and Metrics
  • Fiscal Regimes and Contracts
Day Two: Evaluation of Exploration and Production Projects
  • Geology and Reservoir Evaluation
  • Resource Estimation and Uncertainty
  • Economic Evaluation of Exploration Projects
  • Economic Evaluation of Development Projects
Day Three: Risk Analysis and Decision-Making
  • Risk and Uncertainty Analysis
  • Decision Trees and Probabilistic Analysis
  • Monte Carlo Simulation
  • Sensitivity and Scenario Analysis
Day Four: Advanced Petroleum Economics
  • Reserves Estimation and Reporting
  • Field Development Planning and Optimization
  • Marginal Economics and Break-Even Analysis
  • Capital Budgeting and Project Ranking
Day Five: Project Management and Investment Analysis
  • Project Execution and Management
  • Investment Analysis and Portfolio Management
  • Financial and Economic Models for Investment Analysis
  • Case Studies and Real-World Applications

The certificate

  • Coventry Academy Certificate of Completion for delegates who attend and complete the training course

Coventry Academy
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