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    • Class and Course
    1. NExT
    2. Business Management
    3. Petroleum Decision and Risk Analysis

    Petroleum Decision and Risk Analysis

    • Foundation
    • 3 Days
    • PracticalTrainingWithSoftwarePractical Training with Software
      • Average client rating (based on 13 attendee reviews)

    During this course, participants will learn multiple approaches to modeling decisions for oil and gas projects.  This course will also highlight a proven process and technology for decision analysis, which is used by companies worldwide.

    Participants will gain an overview of important concepts and examples of decision analysis.  Uncertainties, risk, and the various ways to incorporate them in oil and gas project evaluations will be discussed throughout the course.  A key concept that will be covered is the use of a proven decision analysis process, incorporating sensitivities, decision trees, and the value of information, in both deterministic and probabilistic approaches to evaluating oil and gas projects.

    This course uses Excel.

    Geoscientists, Engineers, and commercial team members.  Anyone who wants to understand and model oil and gas decisions incorporating uncertainty and risk.

    Foundation level course in Petroleum Economics with some experience in project economics is preferable.

    Currently there are no scheduled classes for this course.

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    Petrotechnical

    Operations and Maintenance

    Energy Transition

    SLB Software

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    Health Safety and Environment (HSE)

    Business Management

    E&P Introduction and Fundamentals

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