The upstream oil and gas economics have a crucial role in managing oil and gas assets, including decision-making for investments, asset valuation, and general asset (WK) operational management. It is essential for professionals responsible for economic evaluations to possess strong competencies and continuously enhance their skills, both regarding new regulations and best practices and techniques for economic evaluation. Likewise, for employees who are not directly involved in economic evaluations or who have not participated in such evaluations before, having sufficient knowledge is important to actively engage in discussions about asset management and investments from a commercial/economic perspective.
The Basic Petroleum Economics & Risk Analysis training is part of the Upstream Business Development training series, designed to provide foundational knowledge and preparation for employees to plan, evaluate, and analyze upstream oil and gas projects, including preparing papers in accordance with best practices.
Day 1
Fundamentals
Day 2
Cash Flow Concept
Day 2
Decision Tools
Risk Analysis
Day 3
Modeling Concept
Petroleum Engineers, Non-Petroleum Engineers or Scientists, field personnel, Management, Support Staff, new hires, IT services, Accounting.
Ahmad Erik Soulisa, B. Sc
Retired Upstream Petroleum Economist. Vast experience and strong knowledge in Oil & Gas upstream planning and investment management. About twenty years experience related to Indonesian PSCs. Also, exposure to global Oil and Gas fiscal terms : Asia, Middle East, & Africa. Experience as instructor in internal/inhouse and public trainings on Petroleum Economics and Risk Analysis
