Petroleum Project Economics and risk decision analysis

Techniques for Managing Risk & Performance in Oil and Gas

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Classroom session

01-05 Aug 2022  

Istanbul, Turkey

Classroom session

TBC

London, UK

More sessions available! Email us!

Virtual session

19-23 Sep 2022

15:00 Singapore Time

01-05 Aug 2022  

Istanbul, Turkey (Classroom)

05-09 Sep 2022

London, UK (Classroom)

More sessions available! Email us!

19-23 Sep 2022

15:00 Singapore Time

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Course Summary

  • course overview

  • LEARNING OBJECTIVES

  • course audience

Course Summary

This 5-Day course covers the setup of economic analysis cases, including the estimation of recoverable reserves, production profiles, commodity prices, and project costs – CAPEX, OPEX, taxes, royalties, transportation, depreciation, before-tax (BTAX) cash-flow, after-tax (ATAX) cash-flow, international fiscal regimes (production sharing agreement and concessionary system). The course starts from the basic required parameters of inflation, interest and time value of money. These concepts are then transformed into profitability indicators. Last but not the least, the profitability indicators are then used to make investment decisions. Read More

Questions about the course?

Why don't you schedule a free Microsoft Teams meeting with one of our advisors at your convenient time?

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Looking for more advanced course?

Check out our Advanced  Petroleum Project Economics and risk decision analysis

Advanced course version

Our Expert 

Meet your trainer

Your expert course leader is a globally recognised subject matter expert in petroleum/project economics and international gas market analysis. He is a recipient of the 2021 Society of Petroleum Engineers (SPE) International Management Award, an award that recognises individuals who make significant technical and professional contributions to the petroleum engineering profession and to the worldwide oil and gas industry.

He has 40 years of diversified experience in petroleum engineering, reservoir engineering, project economics and decision analysis. He had been involved in evaluating multi-billion-dollar oil and gas field development, NGL, LNG, GTL, Aluminum smelter, refinery, petrochemical, power and production sharing projects. He has worked with major oil companies such as Saudi Aramco, ZADCO, Qatar Petroleum and companies in USA. He is a registered professional Engineer in the state of Colorado, USA.


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Mr Mian, the winner of the 2021 Society of Petroleum Engineers (SPE) International Management Award

Course Fees

Instance 1
Virtual Sessions

All our courses are available virtually using MS Teams & Zoom platforms

  • 6 Hours of teaching per day 
  • 3 breaks of 10 minutes each
  • Course materials in PDF 
  • Case studies and exercises

£

2,200

 Book now
Classroom Sessions

All our classroom sessions are now resumed and courses are held in different cities around the world.

Kindly refer to our 2022 calendar for dates & locations

  • 7 to 8 Hours per day
  • 1 Hour Lunch break with Morning & Afternoon breaks
  • Superfast wifi during the course
  • Held in Five star hotels 
  • Held in different cities around the world

£

3,800

 Book now

In-House Solution

All our courses are available In-House and can be tailored to your specific needs. If you are interested in having this course In-House either in your office or in any location of your choice, please complete the form below and one of our advisors will be in touch with you shortly.

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  • 10-Day Oil & Gas Mini MBA
  • Accounting for JV’s & PSC’s in Upstream Oil & Gas
  • Accounting for Oil & Gas
  • Advanced LNG Trading
  • Advanced Oil & Gas Project Economics Evaluation & Financial Modelling
  • Advanced Production Sharing Contracts
  • Artificial Intelligence for Oil & Gas
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  • Decline Curve Analysis Diagnostic Methods & Performance Forecasting
  • Drilling for Non-Drilling Personnel
  • Drilling Hydraulics Design
  • Economic Analysis Design & Modelling of Petroleum Fiscal Regimes
  • Fundamentals of Oil & Gas
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Do you have ten or more people interested in attending this course? Do you want to tailor it to meet your company’s exact requirements? If you’d like to do either of these, we can bring this course to your company’s office. You could even save up to 50% on the cost of sending delegates to a public course and dramatically increase your ROI.

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If you want to run this course at a location convenient to you or if you want a completely customised learning solution, we can help.

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We produce learning solutions that are completely unique to your business. We’ll guide you through the whole process, from the initial consultancy to evaluating the success of the full learning experience. Our learning specialists ensure you get the maximum return on your training investment

Questions about the course?

Why don't you schedule a free Microsoft Teams meeting with one of our advisors at your convenient time?

 Schedule your meetingMicrosoft Teams

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Emphasis of the course is to bridge the gap between theoretical concepts and their practical limitations. The participants will be able to appreciate the amount of information that they never thought of. In addition to this, emphasis is also on the use of Excel’s financial functions. This understanding is very critical when it comes to building economic cash-flow models. Over the years we have seen that participants really struggle with using the Excel functions correctly and this leads to mistakes that can be easily avoided.

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