SEMINAR OVERVIEW:

Understanding Petroleum Economics provides you with a handle on all of the inputs and methods for a sound economic analysis, and thus for good business decisions.  Everything comes down to economics.  All of the technical components and business concepts meet on a single sheet of paper, the most condensed resource for decision-making. The course surveys the background and methods for all the assumptions that go into a cash flow--volumes, prices, differentials, and costs--then it discusses and demonstrates the creation and interpretation of cash flows. 

SEMINAR TOPICS:

Understanding Strategic Content | Forecasting Volumes | Predicting Prices | Calculating Costs | Interpreting a Cash Flow| Treating Risk