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Exploration and Production Economics in the Oil & Gas Industry

Why Attend

This course is designed to provide participants with a comprehensive understanding of the economic and commercial factors affecting exploration and production (E&P) activities in the oil and gas industry. It covers core economic principles, feasibility analysis, cost and risk management, and investment decision-making in volatile environments. The course also introduces modern techniques for evaluating oil and gas projects, including economic modeling of returns and costs.

Overview

Course Outline

Schedule & Fees

Methodology

Interactive presentations

Real-world case studies from oil and gas projects

Group activities and practical exercises

Use of economic analysis and financial modeling tools

Facilitated discussions with the trainer

Course Objectives

By the end of the course, participants will be able to:

Understand the economic dynamics of oil and gas exploration and production

Conduct feasibility analyses of petroleum projects

Assess investment risks and opportunities in the energy sector

Apply financial analysis tools to oil and gas operations

Support management decisions using economic data

Build financial models for cost and return estimation

Target Audience

Engineers and economists working in the oil and gas sector

Investment analysts and project planners

Finance or strategic planning professionals in energy companies

Project and operations managers in the petroleum industry

Recent graduates in petroleum engineering or industrial economics

Target Competencies

Economic and financial analysis

Cost and revenue estimation

Understanding oil and gas value chain

Risk evaluation and management

Strategic thinking

Investment decision-making

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