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Petroleum Projects Economics & Risk Analysis

Curriculum

  • 5 Sections
  • 15 Lessons
  • 5 Days
Expand all sectionsCollapse all sections
  • Module 1: Principles of Petroleum Economics.
    3
    • 1.1
      Economic decision-making in the oil & gas industry.
    • 1.2
      Lifecycle of petroleum projects and investment stages.
    • 1.3
      Overview of capital and operating cost structures.
  • Module 2: Cash Flow Modelling & Project Evaluation.
    3
    • 2.1
      Building cash flow models for upstream/midstream projects.
    • 2.2
      Key metrics: NPV, IRR, breakeven price, and payback analysis.
    • 2.3
      Impact of fiscal regimes and taxation on project viability.
  • Module 3: Risk Identification and Classification.
    3
    • 3.1
      Categorising commercial, technical, market, and political risks
    • 3.2
      Sources of uncertainty in reserve estimation and project execution.
    • 3.3
      Case studies: risk profiles of recent petroleum developments.
  • Module 4: Risk Quantification & Analysis Tools.
    3
    • 4.1
      Sensitivity and scenario analysis for project planning.
    • 4.2
      Monte Carlo simulations and probabilistic modelling.
    • 4.3
      Decision trees and expected monetary value (EMV) techniques.
  • Module 5: Strategic Decision-Making and Investment Appraisal.
    3
    • 5.1
      Portfolio evaluation and capital allocation strategies.
    • 5.2
      Screening and ranking multiple petroleum investment options.
    • 5.3
      Communicating project economics to stakeholders and investors.
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