HTME

COURSE OVERVIEW

TM0055(KJ1) : Petroleum Economics & Risk Analysis
Petroleum Economics & Risk Analysis
OVERVIEW
COURSE TITLE : TM0055(KJ1) : Petroleum Economics & Risk Analysis
COURSE DATE : Sep 22 - Sep 26 2025
DURATION : 5 Days
INSTRUCTOR : Mr. Eric Matthews
VENUE : London, United Kingdom
COURSE FEE : $ 8800
Register For Course Outline

Course Description

This practical and highly-interactive course includes various practical sessions and exercises. Theory learnt will be applied using “MS-Excel” application. 
 

This course is designed to provide participants with a detailed and up-to-date overview of petroleum economics and risk analysis. It covers the cash flow analysis, energy usage, basic principles of oil and gas economics and economics terms; the cash flow calculation, depreciation methods, loss carry forwards, inflation, nominal and real cash flow and abandonment and sunk costs; and the economic indicators including present value concept, discount factor and net present value and internal rate of return. 

 
During this interactive course, participants will learn the payback period, profit/investment ratio, incremental projects and effect of project delay; the risk and uncertainties, expected value concept, decision tree analysis, farm-out decision, probability analysis, sensitivity analysis, probability distribution and monte carlo simulation; the spreadsheet calculation, simple cash flow using Excel, NPV calculations and application of economic indicators; and the oil field development model including integrated economic model of a typical oil field development and project sensitivity analysis for a selected model. 

link to course overview PDF

TRAINING METHODOLOGY

This interactive training course includes the following training methodologies:

Lectures
Practical Workshops & Work Presentations
Hands-on Practical Exercises & Case Studies
Simulators (Hardware & Software) & Videos

In an unlikely event, the course instructor may modify the above training methodology for technical reasons.

VIRTUAL TRAINING (IF APPLICABLE)

If this course is delivered online as a Virtual Training, the following limitations will be applicable:

Certificates : Only soft copy certificates will be issued
Training Materials : Only soft copy materials will be issued
Training Methodology : 80% theory, 20% practical
Training Program : 4 hours per day, from 09:30 to 13:30

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