:: Training Courses
Economics of the Petroleum Industry – Risk and Uncertainty
Enrollment Instructions
3.3 CEUs, 36.5 CPEs for Texas Accountants
Download a brochure for our Introductory Petroleum Courses (PDF–2.3 MB).
Do you need a fundamental understanding of the financial and economic operations of the petroleum industry? Get the answers to these questions:
- What does the future hold?
- How are decisions made and who are the key players in the industry?
- How has the industry evolved?
- What are unconventional resources and what role will they play?
- Is the price of oil too high?
- Will we run out of crude oil?
- What are renewables and do they matter?
This course provides a comprehensive grounding in the economic dynamics of this changing industry.
Length: 4 1/2 days
Course Content
Participants receive instruction in:
- Where we stand today
- Conventional wisdom
- Industry economics and reserves
- The petroleum industry past to present
- Crude oil and natural gas prices
- Consolidation and mergers
- Role of capital markets
- Capital investments
- Last frontiers for exploration
- Forecasting to 2020
- Financial analysis—key driving forces
- Micro-economics of the firm
- Future of the petroleum industry
Recommended For
Engineers; senior supervisors; managers; strategic planners and project leaders; accountants and analysts; related industry personnel involved in project economics or purchasing or selling hydrocarbon commodities; and anyone seeking a comprehensive understanding of the economics of the oil and gas industry.
Related Courses
Dates
- Jun 21–25, 2010 - Houston
- Oct 10–14, 2010 - Houston
Cost: $2,500
