Cash Flow, Revenue, and Expenditures
- Module 1: Cash Flow Basics
- Module 2: Revenue
- Module 3: Expenditures
Module 1 will present cash flow basics, including revenue and expenditures. Then, before tax and after tax cash flows will be calculated. Module 2 will discuss revenue, including production volume, scheduling, and decline. After which, product prices, net profitability, and economic limits will be presented. Module 3 will discuss expenditures, including capital and operating expenses. The usual taxes that must be paid by oil and gas producers will be described.
Fiscal Systems, Risk, and Investment Analysis
- Module 4: Fiscal Systems
- Module 5: Risk Analysis
- Module 6: Investment Analysis
- Module 7: Petroleum Economics Challenge
Module 4 will present an overview of fiscal systems, including the different types of contracts. Module 5 will discuss incorporating risk and uncertainty into economic evaluations. Module 6 will present investment analysis, including the time value of money, economic indicators, and opportunity costs. Module 7 is the economics challenge, which will include the simulated board meeting and project selection.
Anyone requiring an introduction to Petroleum Economics. Non-financial professionals of all levels from technical and non-technical backgrounds.