Legal and Economics > Upstream Petroleum Economics, Risk and Fiscal Analysis - Classroom Training
Code Date Format Currency Team of 10
Per Person*
Team of 7
Per Person*
Early Bird Fee
Per Person
Normal Fee
Per Person
PE1722 25 - 27 Jul 2023 Kuala Lumpur, Malaysia SGD 3697 3869 4099 4299
PE1722 25 - 27 Jul 2023 Kuala Lumpur, Malaysia USD 2751 2879 2999 3199

*Fee per person in a team of 7 or 10 participating from the same organisation, registering 6 weeks before the course date
Request for a quote if you have different team sizes, content customisation, alternative dates or course timing requirements
Request for in-person classroom training or online (VILT) training format

Learn in teams and save more! Enjoy group discounts of up to 50% off normal fees for team based learning. Contact us on info@asiaedge.net to learn more today!

Code

PE1722

Date

25 - 27 Jul 2023

Format

Kuala Lumpur, Malaysia

Currency

SGD

Team of 10
Per Person*

3697

Team of 7
Per Person*

3869

Early Bird Fee
Per Person

4099

Normal Fee
Per Person

4299

Code

PE1722

Date

25 - 27 Jul 2023

Format

Kuala Lumpur, Malaysia

Currency

USD

Team of 10
Per Person*

2751

Team of 7
Per Person*

2879

Early Bird Fee
Per Person

2999

Normal Fee
Per Person

3199

*Fee per person in a team of 7 or 10 participating from the same organisation, registering 6 weeks before the course date
Request for a quote if you have different team sizes, content customisation, alternative dates or course timing requirements
Request for in-person classroom training or online (VILT) training format

About this Training Course

The 3-day hands-on petroleum economics training course provides a comprehensive overview of the practices of exploration and development petroleum economics and its application in valuing oil and gas assets to aid corporate decisions.

Participants will gain a thorough understanding of the principles of economic analysis as well as practical instruction in analytical techniques used in the industry. The participants will learn how to construct economic models, to include basic fiscal terms, production and cost profiles and project timing. The resulting model will provide insights of how the various inputs impact value and their relative affect through sensitivities – field studies will be used throughout the course.

Upon completion of this course, participants will be able to:

  • Understand and construct petroleum industry cash flow projections
  • Calculate, understand and know how to apply economic indicators
  • Learn and apply risk analysis to exploration and production investments
  • Evaluate and model fiscal/PSC terms of countries worldwide

The following oil & gas company personnel will benefit from the knowledge shared in this course:

  • Geologists
  • Explorationists
  • Reservoir Engineers
  • Project Accountants
  • Contract Negotiators
  • Financial Analysts
  • New Venture Planners
  • Economists
  • Basic or Foundation
  • Intermediate

Your expert trainer has over 40 years’ experience as a petroleum economist in the upstream oil and gas industry. He has presented over 230 oil and gas industry short courses worldwide on petroleum economics, risk, production sharing contracts (PSC) and fiscal analysis. In over 120 international oil industry consulting assignments, he has advised companies and governments in the Asia Pacific region on petroleum PSC and fiscal terms. He has prepared many independent valuations of petroleum properties and companies for acquisition and sale, as well as economics research reports on the oil and gas industry and including commercial support for oil field operations and investments worldwide. He has been involved in projects on petroleum royalties, design of petroleum fiscal terms, divestment of petroleum assets, and economic evaluation of assets and discoveries since the early 1990s to date. He has been working on training, consultancy, research and also advisory works in many countries including USA, UK, Denmark, Switzerland, Australia, New Zealand, Indonesia, India, Iran, Malaysia, Thailand, Vietnam, Brunei, Egypt, Libya, and South Africa.

To further optimise your learning experience from our courses, we also offer individualized “One to One” coaching support for 2 hours post training. We can help improve your competence in your chosen area of interest, based on your learning needs and available hours. This is a great opportunity to improve your capability and confidence in a particular area of expertise. It will be delivered over a secure video conference call by one of our senior trainers. They will work with you to create a tailor-made coaching program that will help you achieve your goals faster.
Request for further information post training support and fees applicable

Learn what past participants have said about PetroEdge training courses

Excellent course and very well presented. Exceeded expectations on all counts, particularly information on economic indicators and modelling of risk. I believe this will be of high relevance to me and my job into the future.

Mechanical Engineer, Woodside

Very well presented and explained with practical/everyday examples. Thoroughly enjoyed!!

Production Analyst, BHP Billiton Petroleum

His use of excel and examples for each point assisted nicely to hammer home the point. The presenter was very knowledgeable and answered questions well using real world examples.

Production Engineer, Todd Energy

The instructor is highly knowledgeable and experienced. I’ve learned a lot from him.

Analyst, PTTEP