TRAINING OIL & GAS PROJECT ANALYSIS, EVALUATION & CASE STUDIES

DESCRIPTION

Oil and gas companies are always faced with investment choices available on a limited budget. The selection and evaluation of prospects for oil and gas projects in an area is generally carried out by examining two main aspects, namely the technical and economic aspects. Economic aspect evaluation is carried out based on the amount of resources expected to be obtained. The estimated resources also contain risk values, namely risk size. Based on the size of this resource, economic indicators, as well as the assessment of project investment can generally be determined.

OUTLINE COURSE

1. OVERVIEW

   1. Indonesia Upstream Oil And Gas Business Process
   2. Upstream Oil And Gas Project & Field Development

1) Technical Aspect

2) Economic Aspect

1. ECONOMIC PRINCIPLE OF   UPSTREAM OIL AND GAS PROJECT

   1. Hydrocarbon Profile To Be Produced
   2. Costs That Have Been Or Will Be Incurred
   3. Oil and Gas Prices Per Unit Volume
   4. Production Sharing Mechanism

2. OIL & GAS PROJECT ECONOMIC ANALYSIS

   1. Cash Flow Analysis
   2. NPV Analysis
   3. IRR Analysis
   4. POT
   5. Incrimental Analysis
   6. Portofolio Project Analysis

3. RISK ANALYSIS OF UPSTREAM OIL AND GAS PROJECT

   1. Oil and Gas Upstream Business Risk
   2. Risk & Uncertainty
   3. Expected Value Concept
   4. Decision Tree Analysis
   5. Sensitivity Analysis
   6. Spider and Tornado Diagrams

4. CASE STUDIES

RECOMMENDED AUDIENCE

• Project Managers & Project Engineers
• Petroleum & Reservoir Engineers
• Asset Managers & Business Development Teams
• Financial Analysts & Energy Economists
• Planning & Cost Engineers / Estimators
• Commercial & Legal Advisors