London: £6,250.00 (Excl. VAT) per delegate for 2 weeks. Dubai: $8,500.00 (Excl. VAT) per delegate for 2 weeks. Houston: $8,500.00 (Excl. VAT) per delegate for 2 weeks

17th-28th February 2025 (Dubai, UAE), 14th-25th July 2025 (London, UK), 10th-21st November 2025 (Houston, Texas, USA.),

Course Overview

• Key question in every business centered on cost and returns. This course is designed to bring staff from different departments engaged in the management of a petroleum business to the same page as to the economic feasibility of the exploration and drilling projects, as well as a structured approach to defining and analysing petroleum risks in the upstream business. Expected participants are managers, engineers, explorationists, accounting / commercial officers and other personnel who need to develop or improve their skill and understanding of basic economic analysis and profitability of petroleum exploration and production.

Learning Outcome

⦁ Project Economics – The DCF Method

⦁ Economics – Allowing for inflation and exchange rates

⦁ Decommissioning

⦁ Tariffs and breakeven price

⦁ Petroleum contracts and fiscal systems

⦁ Decision and uncertainty analysis-technical and commercial uncertainties and management

⦁ Information management

⦁ Tools for quantifying risks

⦁ Gas economics

⦁ Portfolio Management

⦁ Economic analysis and indicators

⦁ E & P economics – The legal approach

 

More Detail
Duration	This is a two-week programme spread over 10 working days.
Certification	. A certificate of completion is granted on successful completion of the programme.
Location	(Dubai, UAE), (London, UK), (Houston, Texas, USA.)
Travel and accommodation	⦁ Travel and accommodation to be paid for at source by delegates.
Fees	London: £6,250.00 (Excl. VAT) per delegate for 2 weeks. Dubai: $8,500.00 (Excl. VAT) per delegate for 2 weeks. Houston: $8,500.00 (Excl. VAT) per delegate for 2 weeks