Managing Risks and Strategic Decisions in Petroleum Exploration & Production

This three-day seminar provides participants a practical, hands-on approach to modern techniques in petroleum risk management and strategic decision-making. The techniques presented are applicable to all aspects of petroleum exploration and production – prospect evaluation, resource allocation, diversification, risk sharing, and corporate planning. This seminar helps participants develop problem solving, leadership, and functional skills necessary to manage the modern petroleum enterprise. This seminar is well suited for E&P managers, finance staff and managers, engineering managers, economics/planning personnel, as well as geologists and engineers. Seminar participants will find the concepts and techniques stimulating and beneficial – enabling them to apply risk and decision making concepts to their jobs. . . immediately. A complete set of course materials and lunches are included.

Outline:
Introduction
Modeling and Structuring Complex E&P Decisions
Decision Analysis - Utilizing Influence Diagrams and Decision Trees
Applications of Decision and Risk Analysis to the Petroleum Sector
Value of Information Concepts and its Application to the E&P Setting
The Value of Sensitivity Analysis and Monte Carlo Simulation in E&P
An Overview of Modern Finance Concepts and Investment Analysis
Portfolio Management - Models and Applications in the E&P Sector
Capital Projects as Real Options - Evaluating Investments
Corporate and Financial Risk Tolerance and E&P Decision Making
Implications of E&P Corporate Risk Taking and Performance
Incorporating Multiple Performance Objectives into Your Analysis
Integration - Working to Improve Performance

To view course details or to register,http://www.peice.com/eventdetails.aspx?event=104488&frfi=272406
For further information, contact: michele@peice.com


  Start Date Monday, September 08, 2008
  End Date Wednesday, September 10, 2008

Posted by PEICE on Wednesday, June 25, 2008 17:45

Location Houston

Category Training Courses

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