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    النفط والغاز
    19256

    Petroleum Exploration Economics and Evaluation

    25-11-2024 To 29-11-2024
    London
    oil gas

     This course focuses on the financial and economic aspects of petroleum exploration, offering insights into project valuation, risk management, and investment decision-making. Participants will learn how to apply economic modeling, cost-benefit analysis, and risk analysis techniques to assess the viability and profitability of exploration projects.

    Date :
    From 25 Till 29 Nov. 2024
    City :
    London
    Fees :
    6200
    • Date City Fees
    Date :
    From 25 Till 29 Nov. 2024
    City :
    London
    Fees :
    6200
    • Date City Fees

    Overview

     To provide petroleum professionals, including geoscientists, reservoir engineers, and financial analysts, with the tools and knowledge necessary to perform economic evaluations and risk assessments of petroleum exploration projects.

     This course focuses on the financial and economic aspects of petroleum exploration, offering insights into project valuation, risk management, and investment decision-making. Participants will learn how to apply economic modeling, cost-benefit analysis, and risk analysis techniques to assess the viability and profitability of exploration projects.

    Who Should Attend

    Target Group:

    • Geoscientists and petroleum engineers involved in exploration projects.
    • Financial analysts and economists specializing in the energy sector.
    • Investment managers and decision-makers in oil and gas companies.
    • Government officials and policy makers in energy ministries and regulatory bodies.
    • Academics and students specializing in petroleum economics.
    • Gain an understanding of economic principles and financial metrics relevant to petroleum exploration.
    • Develop skills in constructing and analyzing economic models for exploration projects.
    • Learn to assess and manage the financial risks associated with petroleum exploration.
    • Understand the impact of fiscal policies and market conditions on project economics.
    • Enhance decision-making capabilities through advanced economic evaluation techniques.

    Target Competencies:

    • Economic evaluation and financial modeling
    • Risk assessment and management in exploration projects
    • Strategic decision-making and investment analysis
    • Understanding of global oil and gas economics and policies
    • Negotiation and communication skills in financial contexts

    Fundamentals of Petroleum Economics

  • Overview of the petroleum exploration process and its economic implications.
  • Introduction to economic concepts used in petroleum exploration, such as NPV, IRR, and payback period.
  • Understanding the role of price forecasting and economic assumptions in project evaluations.
  • Exploration of different fiscal regimes and their impact on exploration economics.

    • Economic Modeling and Analysis

  • Techniques for building economic models tailored to exploration projects.
  • Analysis of exploration costs, including seismic, drilling, and completion expenses.
  • Methods for estimating reserves and production profiles in economic evaluations.
  • Case studies on the application of economic models in real-world exploration projects.

    • Contact Us

    For each learning and development project we establish strong relationships and effective communication with partners.
    Don't hesitate to contact us.