Petroleum Economics & Investment Decisions

Overview

Cash-flow modelling and risk analysis for upstream and downstream investment decisions.

Objectives

• Build a project cash-flow model
• calculate NPV, IRR and payback
• apply fiscal terms
• analyse risk and uncertainty

Who should attend

Engineers, planners, finance and commercial staff.

Training methodology

Instructor-led sessions, worked field examples, case studies from operating assets, group exercises and a final assessment.

Programme outline

1. Day 1Oil and gas price fundamentals
2. Day 2Cash-flow modelling and discounting
3. Day 3Fiscal regimes: royalty, tax, PSC
4. Day 4Risk, uncertainty and decision trees
5. Day 5Portfolio and investment decisions