Petroleum Economics Modelling

This program is highly recommended for Petroleum Economists, reservoir engineers, supervisors, and other key employees from Finance, Commercial, Exploration & Production, New Venture Development & Planning, and Business Development, as well as Legal professionals, who wish to enhance their expertise in financial modelling and investment analysis related to upstream project cashflows and petroleum economics.

This two-week course on financial modelling and investment analysis will be held in August in London, UK. It will specifically cover topics such as petroleum economics and upstream project cashflows. The venue details will be provided to each participant upon confirmation of their participation. For more information, please feel free to call or write to us.

Our sales experts can assist you in developing and implementing a robust sales strategy to enhance revenue and drive growth. Participants will gain familiarity with advanced concepts in petroleum economics and financial modelling techniques, particularly related to upstream project cashflows and investment analysis. They will explore key aspects of petroleum economics through modelling, fiscal regimes, scenarios, sensitivities, and risk analysis, including farm-in/out cases, all within Excel. From lead generation to sales training, we provide a comprehensive range of services to help you achieve your sales goals.

Fundamentals – Time Value of Money & DCF revision in financial modelling are crucial. Understanding mutually exclusive and non-mutually exclusive projects is essential for effective investment analysis. We also examine escalated and constant money in the context of petroleum economics. Additionally, uncertainty and risk analysis are pivotal in evaluating upstream project cashflows. DD&A calculations, tax implications, and working capital considerations are vital components for post-tax investment decision methods and post-tax service analysis. Evaluations involving borrowed money and currency considerations must also be addressed, alongside hedging strategies.

Reserves Categories involve detailed financial modelling that incorporates oil and gas production profiles along with decline forecasts. This essential process also includes the calculation of the prospect's minimum economic reserve, which is critical for investment analysis in petroleum economics. Furthermore, we construct a Risk Tree to evaluate all potential outcomes and perform the calculation of Prospect EMV, aiding in informed decisions regarding drill or no-drill scenarios while analyzing upstream project cashflows.

The estimation of reserves and drive mechanisms through financial modelling is essential for obtaining accurate geotechnical estimates under uncertainty. Conducting a risk analysis of exploration prospects is a vital component of investment analysis, especially within the realm of petroleum economics. An economic analysis of exploration ventures should encompass assessments of upstream project cashflows, ensuring a thorough understanding of exploration plays that includes both risk analysis and economic evaluation. Additionally, managing exploration projects as a business venture necessitates integrating these financial insights to optimize outcomes.

R/T Modelling, in the realm of financial modelling, is essential for effective investment analysis. PSC Modelling offers a thorough understanding of petroleum economics, particularly concerning upstream project cashflows. The Service Contract Case Study sheds light on these dynamics, while Abandonment Provisioning Modelling is vital for evaluating future financial implications. Furthermore, the Gas Sales Contract – Intro covers key aspects such as tax loss carry back/forward, which are crucial for sound financial planning.

Consolidation types in financial modelling encompass various methods, including ring-fencing, which is essential for effective investment analysis. Incremental analysis is vital in assessing the impact on upstream project cashflows. Moreover, visual tools such as spider and tornado diagrams, along with waterfall charts, significantly enhance the analysis of petroleum economics by providing clear insights into financial data. Utilizing a pivot chart can further streamline the financial modelling process.

Discreet vs. Continuous probability is a key concept in financial modelling, especially when it comes to investment analysis in areas like petroleum economics. Grasping concepts such as Poisson, Exponential, and Random Variables is crucial for accurately evaluating upstream project cashflows. Moreover, employing Monte Carlo Simulation can significantly improve the reliability of these financial modelling assessments by incorporating uncertainty. Techniques like EMV and Decision Trees also bolster effective decision-making in investment analysis.

The two-week course on financial modelling and investment analysis is priced at £8,000, including all taxes. Each additional participant benefits from a 25% discount. It’s important to note that this fee does not cover travel, lodging, and food, which are crucial for grasping upstream project cashflows and petroleum economics.