Fundamentals of Upstream Petroleum Economics and Risk Analysis
12 November 2013 - 14 November 2013
Manila, Phillippines

Fundamentals of Upstream Petroleum Economics and Risk Analysis

This is a practical 4 day course that will cover the fundamental aspects of upstream petroleum economics and risk analysis through a variety of lectures and workshop exercises. The practical application of theory via computer-based workshops allow participants to construct economic models, incorporate relevant cash-flow data and draw conclusions to aid decision-making.

By attending this training course, you will gain the following

  • Develop knowledge of upstream petroleum economic discounted cash flow evaluation methodologies
  • Familiarize with key economic metrics used in investment decision making
  • Understand the geological and engineering inputs to cash flow model
  • Know how oil & gas pricing and forecasting works
  • Understand fiscal systems globally
  • Understand the financial structure and mechanisms of production sharing contracts including the calculation of cost recovery and profit oil splits
  • Know how to interpret economic results and quantify risks so as to put value to prospects, fields and companies
  • Learn how to construct production sharing contract and tax and royalty concession spreadsheets
  • Best practice tips of the evaluation of investment opportunities

Key Topics Covered

  • Introduction of Upstream Petroleum Economics and Cash flow Analysis
  • Discounted Cash Flow – in-depth analysis
  • Capital Budgeting Techniques
  • Oil & Gas Asset Net Cash Flow – Project Revenue & Cost Components
  • Oil & Gas Asset Net Cash Flow – Taxation and Government Take Components
  • Oil & Gas Asset Net Cast Flow Determination
  • Application of risk in the evaluation of exploration prospects
  • Advanced Petroleum Economic Techniques
  • Petroleum Economic Models
  • Discrete Economic Solutions
  • Probabilistic Economic Solutions
  • Continuous Economic Solutions
  • Exploration Prospect Valuation
  • Upstream Economics Case Studies

Who Should Attend

The 4-day course is designed for all employees who are involved in the upstream and midstream businesses, petroleum business development, operational managers who deal with petroleum economic aspects in their daily lives as well as government and parastatal officials involved in policy, monitoring and regulation of petroleum enterprises

More Details

If you like more information about the training course agenda and the expert trainer details, please email 

Please indicate subject title as “Fundamentals of Upstream Petroleum Economics and Risk Analysis”

More Savings

If you work for a company incorporated in Singapore, save 60% of your course registration fees through the PIC scheme! Click here to find out how. 

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Register by 10 January 2014, Friday and receive up to USD 400 off!
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Sponsorship Opportunities

If you would like to find out more about how sponsorship at this event can help you achieve your sales & marketing objectives, please email Our relevant business development consultant will get in touch with you shortly.

Delegate Opportunities

If you would like to register or find out more about the program, please email . Our relevant project manager will get in touch with you shortly.

Speaker Opportunities

If you have a relevant case study and would like share at this event, please email Our relevant industry consultant will get in touch with you shortly.

Media Partnership Opportunities

If you are keen to embark on joint marketing activities for this or upcoming events, please email . Our relevant marketing manager will get in touch with you shortly.

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The objectives of the PIC Scheme are the same as those of Equip Global. Both support investment in innovation, productivity and continuous training.

If you are a registered business in Singapore, you can enjoy huge huge tax savings in the form of cash payouts and/or tax deductions when you invest in training of employees. Your attendance at any Equip Global conference or training course is eligible for PIC credits, either as a 40% cash refund or 400% tax deduction. We will provide you with full supporting documentation after the event and assist you in getting the claim completed.

Continuous training and upgrading of your employees is key to the success of your organization. What’s more, boost your tax savings and claim 40% of your registration fee by attending an Equip Global conference or training course today. To do so, follow this simple 5 minute process:

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Fundamentals of Upstream Petroleum Economics and Risk Analysis
11 March 2014 - 14 March 2014
Kuala Lumpur, Malaysia
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