Petroleum Project Economics and Risk Analysis Training
BMC Training provides a training course in Petroleum Project Economics and Risk Analysis in Oil and Gas Training
Course Title
Venue
Start Date
End Date
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Dubai24 - 1 - 202128 - 1 - 2021
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Paris24 - 1 - 202128 - 1 - 2021
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London28 - 2 - 20214 - 3 - 2021
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Kuala Lumpur21 - 2 - 202125 - 2 - 2021
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Istanbul14 - 2 - 202118 - 2 - 2021
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Dubai7 - 2 - 202111 - 2 - 2021
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Paris7 - 2 - 202111 - 2 - 2021
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Dubai21 - 3 - 202125 - 3 - 2021
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Paris21 - 3 - 202125 - 3 - 2021
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Dubai14 - 3 - 202118 - 3 - 2021
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Paris14 - 3 - 202118 - 3 - 2021
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Istanbul7 - 3 - 202111 - 3 - 2021
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Kuala Lumpur28 - 3 - 20211 - 4 - 2021
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London14 - 3 - 202118 - 3 - 2021
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Kuala Lumpur14 - 3 - 202118 - 3 - 2021
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London25 - 4 - 202129 - 4 - 2021
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Kuala Lumpur4 - 4 - 20218 - 4 - 2021
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Istanbul11 - 4 - 202115 - 4 - 2021
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Dubai18 - 4 - 202122 - 4 - 2021
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Paris18 - 4 - 202122 - 4 - 2021
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Dubai9 - 5 - 202113 - 5 - 2021
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Paris9 - 5 - 202113 - 5 - 2021
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Dubai2 - 5 - 20216 - 5 - 2021
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Paris2 - 5 - 20216 - 5 - 2021
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Istanbul16 - 5 - 202120 - 5 - 2021
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Kuala Lumpur23 - 5 - 202127 - 5 - 2021
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London2 - 5 - 20216 - 5 - 2021
-
Kuala Lumpur2 - 5 - 20216 - 5 - 2021
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London13 - 6 - 202117 - 6 - 2021
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Kuala Lumpur20 - 6 - 202124 - 6 - 2021
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Istanbul27 - 6 - 20211 - 7 - 2021
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Dubai6 - 6 - 202110 - 6 - 2021
-
Paris6 - 6 - 202110 - 6 - 2021
-
Dubai4 - 7 - 20218 - 7 - 2021
-
Paris4 - 7 - 20218 - 7 - 2021
-
Dubai11 - 7 - 202115 - 7 - 2021
-
Paris11 - 7 - 202115 - 7 - 2021
-
Dubai18 - 7 - 202122 - 7 - 2021
-
Paris18 - 7 - 202122 - 7 - 2021
-
Kuala Lumpur25 - 7 - 202129 - 7 - 2021
-
London11 - 7 - 202115 - 7 - 2021
-
London18 - 7 - 202122 - 7 - 2021
-
Kuala Lumpur11 - 7 - 202115 - 7 - 2021
-
Kuala Lumpur18 - 7 - 202122 - 7 - 2021
-
London1 - 8 - 20215 - 8 - 2021
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Kuala Lumpur8 - 8 - 202112 - 8 - 2021
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Istanbul15 - 8 - 202119 - 8 - 2021
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Dubai22 - 8 - 202126 - 8 - 2021
-
Paris22 - 8 - 202126 - 8 - 2021
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Dubai26 - 9 - 202130 - 9 - 2021
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Paris26 - 9 - 202130 - 9 - 2021
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Dubai5 - 9 - 20219 - 9 - 2021
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Paris5 - 9 - 20219 - 9 - 2021
-
Istanbul12 - 9 - 202116 - 9 - 2021
-
Kuala Lumpur19 - 9 - 202123 - 9 - 2021
-
London5 - 9 - 20219 - 9 - 2021
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Kuala Lumpur5 - 9 - 20219 - 9 - 2021
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London17 - 10 - 202121 - 10 - 2021
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Kuala Lumpur24 - 10 - 202128 - 10 - 2021
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Istanbul3 - 10 - 20217 - 10 - 2021
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Dubai10 - 10 - 202114 - 10 - 2021
-
Paris10 - 10 - 202114 - 10 - 2021
-
Dubai21 - 11 - 202125 - 11 - 2021
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Paris21 - 11 - 202125 - 11 - 2021
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Istanbul7 - 11 - 202111 - 11 - 2021
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Kuala Lumpur14 - 11 - 202118 - 11 - 2021
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London19 - 12 - 202123 - 12 - 2021
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Kuala Lumpur26 - 12 - 202130 - 12 - 2021
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Istanbul12 - 12 - 202116 - 12 - 2021
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Dubai5 - 12 - 20219 - 12 - 2021
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Paris5 - 12 - 20219 - 12 - 2021
Objectives
- 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, different economic analyses for petroleum related project and determine economic indicators.
- 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.
- Contribute to the petroleum project investment within a solid economic system and do a detailed economic evaluation.
- Contribute to the decision making process for any petroleum related project.
Programme Outline
Cash Flow Analysis
- Familiarization with Economic terms
- Setting up Cash Flow Calculation
- Depreciation Methods
- Loss Carry Forwards
- Inflation
- Nominal & Real Cash Flow
- Sunk Costs
- Project Financing
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
Risks and Uncertainties
- Risk & Uncertainty
- Expected Value Concept
- Decision Tree Analysis
- Farm-out Decision
- Probability Analysis
- Sensitivity Analysis
- Probability Distribution
- Monte Carlo Simulation
Setting up Spreadsheet Calculation
- Introduction to Spreadsheet Calculation
- Simple Cash Flow Using Excel
- NPV calculations
- Application of economic indicators
Setting up Oil Field Development Model
- Group activities
- Setting up an Integrated Economic Model of a Typical Oil Field Development
- Project Sensitivity Analysis for the selected model
- Introduction to Russell field model
- Final remarks
Courses Search
Traning Categories
- Management and Leadership
- Finance , Accounting and Budgeting
- Human Resource Management
- Project , Procurement and Contracts
- Secretarial and Administration
- PR , Customer Services , Sales and Marketing
- Quality and Productivity
- Maintenance Engineering Training
- Oil and Gas Training
- Warehouse , Logistics , Supply Chain and Inventory
- Construction and Civil Engineering Training
- Facilities Management Training
- Safety Training
- Healthcare Training
- Electrical and Power Engineering Training
PDF Training Plan 2021 - 2022
- Management and Leadership
- Finance , Accounting and Budgeting
- Human Resource Management
- Project , Procurement and Contracts
- Secretarial and Administration
- PR , Customer Services , Sales and Marketing
- Quality and Productivity
- Maintenance Engineering Training
- Oil and Gas Training
- Facilities Management Training
- Warehouse , Logistics , Supply Chain and Inventory
- Safety Training
- Healthcare Training
- Electrical and Power Engineering Training