Petroleum Economics Seminar (webinar available)
SEMINAR OVERVIEW
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
In addition, this course will address the use of the cash flows for various strategies and situations:
+ Determining Value
+ 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
SEMINAR TOPICS
- Understanding the Strategic Content
- Forecasting Volumes
- Predicting Prices
- Calculating Costs
- Interpreting a Cash Flow
- Treating Risk
SEMINAR SCHEDULE
8:00AM Registration and Continental Breakfast
8:30AM Morning Session
12:00PM Lunch (not provided)
1:00PM Afternoon Session
5:00PM Adjourn