During this virtual program, an abbreviation of our instructor-led course, you will learn, in a practical and realistic manner, the essentials of petroleum project economics and how to analyze the financial performance of oil and gas project investments from both the project and corporate reporting perspectives. Your teams will be asked to build a financial model in Excel for a challenging oil and gas project opportunity near Indonesia, identify its key performance metrics, and then incorporate its major risks and uncertainty into the analysis. You will then present your team’s recommendations to a Board that will compare your recommendations with other teams and select the best plan for the Team Prize.
$950 – $3,750
Individuals who wish to learn petroleum project fundamentals and how to analyze their economic attractiveness.
3-4 hours self-study and 1 hour online virtual mentored session per week for seven continuous weeks.
e-Learning, self-study, combined with individual or team participation in a competitive project simulation with an engaging virtual mentor.
Teams will be asked to build a financial model in Excel for a challenging oil and gas project opportunity near Indonesia, identify its key performance metrics, and then incorporate its major risks and uncertainty into the integrated project analysis.
Upstream Oil and Gas Agreements
Energy Industry Supply, Demand and Pricing Fundamentals
Introduction to Simulation Scenario; Review Business Opportunity
Project Management and Development Essentials
Analyze Fiscal Terms and Exploration Project Cost Data; Prepare PSA Inputs
Project Economics: Cash Flow and Measures of Financial Performance
Develop the Pro forma Financial Model
Financial Statements and Measures of Corporate Performance
Identify Measures of Project Performance
Project Capital and Debt Financing
Evaluate Financing Alternatives
Managing Risk and Uncertainty
Incorporate Sensitivity Analysis; Prepare and Submit Integrated Development Decision
Mentor Review of the Integrated Project Economic Model