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Economics of Oil and Gas - PTOV 135

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Course Description

This oil and gas seminar introduces new technical personnel and non-technical staff to the basics of economic modelling within the petroleum industry.

Many of the projects in today's oil and gas industry require millions and even billions of dollars of capital to execute. It is important to understand the economic viability of any project before the decision is made to outlay the massive amounts of capital dollars required to proceed. Whether resources are from conventional oil and gas or from unconventional reservoirs, an understanding of the economics from exploration to production is a requirement for many personnel working in an oil and gas company.

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