Description:
The objectives and outcomes from this course include giving the attendees the skills and tools to design a software that contains the related cash flow information to get results that could be used in making better informed managerial decisions, explaining the currently used tools in oil and gas industry (profit prediction, production, costs and cash flow analysis to enhance decision making), being familiar with economic parameters, risk and uncertainty. The course includes practical examples and workshops to give participants the opportunity to design a spreadsheet calculation incorporating different economic analysis and improve their economic evaluation capabilities.
Objectives:
- Explain different economic terms used in the oil and gas industry
- Design and develop economic models for different petroleum financial plans
- Determine and assess risks and uncertainty
- Perform various economic and cash flow analysis in petroleum projects
Participants:
- Petroleum engineers
- Accountants
- Financial department professionals
- Financial analysts
- Planning and exploration managers
Course Features
- Lectures 0
- Quizzes 0
- Duration 50 hours
- Skill level All levels
- Language English
- Students 0
- Assessments Yes