About the Skill Module
This skill module forms the skeleton for understanding how a project will be valued. Forecasts for oil and gas volumes, price forecasts, inflation are incorporated to forecast how much money a project will generate. From calculating oil and gas revenue this skill module addresses royalties, operating expenses, capital expenses, operating taxes and other expenses.
Managers, engineers, explorationists, field accounting supervisors and other personnel who need to develop or improve their skill and understanding of basic economic analysis and profitability of petroleum exploration and production.
You Will Learn
Participants will learn how to:
- Construct a revenue model
- Develop a full cash flow model
- Calculate net cash flow
- Distinguish between cash flow for concessions and production sharing contracts
- Produce robust flexible cash flow forecasts