• Class and Course

    Introduction to Canadian Petroleum Economics

    You study the basics of petroleum economics to better understand cash flow, economic indicators, and how to prepare and analyze the future cash flow of oil and gas projects. These economic fundamentals are critical to conducting project evaluations and comparing viable opportunities.

    Day 1

    Key Economic Concepts

    • Understand why and how economics are done for oil and gas projects
    • Understand key project valuation components 
    • Learn economic limit concepts
    Day 2

    Canadian Project Economics

    • Understand the role of inflation in economic forecasting
    • Learn about discounting-the time value of money
    • Review commonly used economic indicators
    • Calculate and analyze cash flow

    Anyone who wants an introduction to Canadian petroleum economics


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