Overview
Key Learning Objectives
- Understand the current state of the Oil & Gas industry in an everchanging technical, economical, and political environment
- Understand the techniques used to carry out meticulous economic evaluations of any capital investment’s commitment before allocating limited resources
- Learn how to carry out a comprehensive economic evaluation study on any oil and gas projects using key economic indicators and valuation measures
- Develop key skills to recognize, quantify and express uncertainty, risk and vulnerability
- Learn how to apply effective decision analysis tools such as Decision
- Trees, Sensitivity Analysis and Monte Carlo simulation in projects to generate profitability indicators
- Ensure that the investment are driving value, reducing costs, and improving operations
- Develop a structured approach to measuring, managing and preventing commercial risk
About the Course
Investments in the oil and gas industry are often high risk, high cost with high uncertainty. Given the volatility, it is essential that your business decisions involve a detailed economic and risk analysis. Hence, this 3-day program is designed to equip you with an in-depth knowledge of the economics and challenges in oil and gas projects to aid you in achieving the highest investment evaluation.
You will explore the key components affecting decision making like cash flow analysis, deriving and understanding economic indicators and detailed probability and fiscal analysis. Theories and analysis techniques like Monte Carlo Simulation, Decision Tree and Sensitivity Analysis will be integrated in this program to help you assess the impact of risk, allowing for better decision making under uncertainty. At the end of the program, participants will be armed with the skills to deliver accurate economics for all your oil and gas projects.
This hands-on program will discuss prominent case studies to reinforce your understanding of the concepts learned.
Introduction to Oil and Gas Industry
- Energy Business Environment and Relevance
- Oil & Gas Markets and Commodities
- Industry Structure and Value Chains – identifying business and investment opportunities
- New Technical, Social and Market Trends Shaping the Industry
Oil and Gas Project Management Fundamentals
- Life Cycle Analysis and Planning
- Discussion of Project Management Considerations Across Key Phases
- Exploration
- Appraisal and Development
- Production
- Abandonment
- Scope Management
Energy Project Economics
- Project Cash Flow Analysis – Uses and limitations
- Key Economic Inputs and Assumptions
- Use of Reserve and Cost Distributions
- Summary of Common Fiscal Regimes – effect on Investor Cash Flows
- Effect of Debt Financing on Project Economics
- Leasing of Facilities – Effect on Project Cash Flows
- Effects of Transfer Pricing
- Late Field Life Considerations
Key Economic Indicators and Valuation Measures
- Net Present Value Concept Discount Factor
- Net Present Value
- Internal Rate of Return
- Payback Period
- Profit/Investment Ratio
- Comparison of Economic Indicators and their Use in Decision Making
- Sensitivity Analysis – Review Effect of Economic inputs, Project Inputs and Schedule
- Economic Considerations for New Project Trends – Marginal Field
- Developments, Unconventional Oil and Gas and Ultra Deep Projects
Risk and Uncertainty
- Use of probability and statistics in prospect and Project Evaluation
- Uncertainty concepts
- Expected Monetary Value concept
- Use of probability distributions
- Key probabilistic estimation skills
- Probabilistic reserves and resource estimation techniques
- Probabilistic cost estimation
- Estimating with uncertainty
Decision Analysis Methods
- Fundamentals of decision analysis
- Introduction to Decision trees, Sensitivity Analysis and Monte Carlo simulation Techniques
- Value of information
- Portfolio Analysis and Gamblers Ruin
- Prospect and Project Evaluation
Who Will Benefit
This course is designed for Geologists, Geophysicts, Petroleum Engineers, Oil & Gas Investment Analysts, Project Management Personnel, Personnel involved in budgeting and profit t planning, Bankers dealing with oil & gas industry financing, Business Development Personnel, Personnel involved in research and Development.
Method
Presentation; Discussion; Case Study;Evaluation;
Instructor
PT Ganesha Inti Persada Consultant Team
Duration
3 days
Infestations(Exclude accommodations)
- Rp. 11.000.000, - / participant (Jakarta)
- Rp. 11.000.000, - / participant (Bandung)
- Rp. 12.000.000, - / participant (Yogyakarta, Surabaya)
- Rp. 14.000.000, - / participant (Bali)
- Rp. 14.750.000, - / participant (Lombok, Batam, Makassar)
- US$ 4780 / participant (Malaysia)
Training Facility
Lunch, certificate, Module, Coffee Break, Training kit
INFO & PROMO
0811-996-1224 (WA)
021-22830080
CONTACT PERSON
0812-9679-1324 (WA)
Jadwal Online & OfflineTahun 2025:
Februari
- 5-7 Februari 2025, Batam
- 12-14 Februari 2025, Jakarta
- 19-21 Februari 2025, Yogyakarta
- 2628 Februari 2025, Bandung
Maret
- 5-7 Maret 2025, Malang
- 12-14 Maret 2025, Jakarta
- 19-21 Maret 2025, Yogyakarta
- 26-28 Maret 2025, Bandung
April
- 2-4 April 2025, Surabaya
- 9-11 April 2025, Jakarta
- 15-17 April 2025, Yogyakarta
- 23-25 April 2025, Bandung
Mei
- 7-9 Mei 2025, Malang
- 14-16 Mei 2025, Jakarta
- 20-223 Mei 2025, Yogyakarta
- 26-28 Mei 2025, Bandung
Juni
- 2-4 Juni 2025, Bali
- 9-11 Juni 2025, Jakarta
- 16-18 Juni 2025, Yogyakarta
- 23-25 Juni 2025, Bandung
Juli
- 1-3 Juli 2025, Batam
- 7-9 Juli 2025, Jakarta
- 14-16 Juli 2025, Lombok
- 21-23 Juli 2025, Yogyakarta
- 28-30 Juli 2025, Bandung
Agustus
- 4-6 Agustus 2025, Bali
- 11-13 Agustus 2025, Jakarta
- 18-20 Agustus 2025, Yogyakarta
- 25-27 Agustus 2025, Bandung
September
- 2-4 September 2025, Surabaya
- 8-10 September 2025, Jakarta
- 15-17 September 2025, Yogyakarta
- 24-26 September 2025, Bandung
Oktober
- 2-4 Oktober 2025, Bali
- 6-8 Oktober 2025, Jakarta
- 13-15 Oktober 2025, Yogyakarta
- 20-22 Oktober 2025, Semarang
- 27-29 Oktober 2025,Bandung
November
- 5-7 November 2025, Lombok
- 12-14 November 2025, Jakarta
- 19-21 November 2025, Yogyakarta
- 26-28 November 2025, Bandung
Desember
- 1-3 Desember 2025, Surabaya
- 8-10 Desember 2025, Jakarta
- 15-17 Desember 2025, Yogyakarta
- 29-31 Desember 2025, Bandung
Klik link form registrasi https://bit.ly/FormRegistrasiPTGIP