When executing a petroleum related project, such as a field development, you should be able to choose the best alternative from economic point of view. You should be able to properly evaluate various investment opportunities by determining economic indicators and sensitivity analysis. Techniques for predicting profit, production, costs, and cash flow enable the analyst to evaluate decision alternatives for optimum results. Understanding economic indicators, risk and uncertainty, different economic indicators enhances the quality and the value of economic analysis.
PROCLAD Academy’s Petroleum Projects Economics & Risk Analysis training course provides practical guidance in the application of the techniques of the economic analysis currently used in the oil & gas industry. The training course assumes no prior knowledge of the topics covered. New concepts and tools are introduced gradually to enable participants to progress from the fundamental to the advanced concepts of economic evaluation.
The key features of the PROCLAD Academy’s Petroleum Projects Economics & Risk Analysis training course are:
- Petroleum Economics & Cash Flow Analysis
- Economic Models & Spreadsheet Design
- Managing Risk, Uncertainty & Decision Analysis
- Financial Modelling & Project Evaluation