Course Level: Intermediate
Course Description:
An engineer explains the creation and use of cash flows in the oil business. The course
explains both the concepts and the methods for the inputs:
• Engineering the volume forecast
• Predicting future prices
• Calculating netback prices
• Estimating operating and capital costs
And it addresses the use of the cash flows for various strategies and situations:
• Determining alue, making an investment decision
• Assessing risk
• Building a strategy and a portfolio
At the end of the day, participants should have a functional understanding of each of
the dynamics that affect cash flow and an appreciation for their quantification.
Course Topics:
- Understanding Strategic Content
- Forecasting Volumes
- Predicting Prices
- Calculating Costs
- Interpreting a Cash Flow
- Treating Risk
Course Schedule:
8:00 AM Registration & Continental Breakfast
8:30 AM Morning Session
12:00 PM Lunch (not provided)
1:00 PM Afternoon Session
5:00 PM Adjourn