Economics Basics of Oil and Gas

WAEBG32
(Business & Finance)

Course Overview

This course provides the participant with an understanding of why Operators are in business, the O&G Value Chain, the basic life cycle of a field, typical cash flow of a field, investment hurdles and investment criteria. They learn what drives NPV and to generate their own Influence Diagrams and Tornado Diagrams while applying probabilistic principles of uncertain revenues and costs.

Course Length

5

Course Director

Michael Moorehead

Certifications

Upon completion, you will receive a Worley Academy Certificate of Completion.

Course Schedule