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Understanding & Evaluating Oil & Gas Investments
Description
Understanding and Evaluating Oil and Gas Investments
is a class on the methods used to evaluate upstream oil and gas
expenditures. The class presents a non-technical review of land leasing and acquisition, upstream operations (exploration and production), and
investment analysis (project analysis and evaluation). The class contains four hands-on exercises for students to apply information presented in the
Microsoft PowerPoint slides. Each section contains a brief quiz to test the student's knowledge of the subject.
Features
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Exercises that allow you to apply information
learned in lectures
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Lecture material that may be downloaded for
note-taking and future reference
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Chapter quizzes to emphasize important points
of lecture and test your knowledge
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Easy access to help using the "Ask an Expert"
form and/or phone
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References for your to learn more about class
topics
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Who Should Attend
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Accountants and financial analysts new to the oil and gas industry |
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Investors who want a greater understanding of the oil and gas business |
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Public
accountants who analyze oil and gas companies |
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Employees
of financial institutions who work with oil and gas companies |
What You Will Learn
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Reviewing the role of
oil and gas in the energy mix |
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Learning how
permission to drill for oil and gas is obtained |
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Learning how working
and revenue interests are calculated |
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Understanding the
upstream functions of exploration and production |
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How the projects are
evaluated using net present value and internal rate of return
calculations |
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Understanding how the
cost of capital is determined and used |
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How financial and
operating analysis is used to evaluate the company’s past performance |
Class Outline*
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Fundamentals
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Crude Oil and Natural Gas Basics |
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The Upstream Process |
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Oil and Gas Statistics |
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Land Leasing and
Acquisition
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Types of Ownership |
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Oil and Gas Interests |
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Spacing and Working Interest |
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Oil and Gas Leases |
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Conveying Oil and Gas Rights |
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Oil and Gas Contracts |
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Class Exercise
- Determining Working and Revenue Interests
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Exploration
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Petroleum Geology |
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Exploration Techniques |
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Drilling |
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Completion |
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Drilling Rig Schematic** |
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Class Exercise
- Finding Oil and Gas
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Production
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Conventional Operations
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Offshore Operations
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Enhanced Oil Recovery
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Plugging and Abandoning
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Production Surface Operations Schematic** |
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Project Analysis and
Evaluation
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Time
Value of Money |
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Project
Ranking |
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Cost of Capital |
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Cost of
Capital Components |
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Weighted Average Cost of Capital |
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Prospect Analysis |
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Valuing Oil and Gas Property |
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Class Exercise
- Evaluating an Oil
and Gas Project
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Evaluating Oil and Gas Investments
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Return on Investment Analysis |
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Collateral - Reserves |
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Successful Efforts vs. Full Cost Accounting |
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Performance Analysis - Using Financial Measures |
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Performance Analysis - Using Upstream Measures |
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Management and Technical team |
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Drilling Program |
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Class Exercise
-
Comparing Oil and Gas Prospects |
*
Click on topic to
see more information
**
Interactive web page
Registration
| Format |
Time Period |
Sales Price |
Register |
| Internet |
Six (6) day
training window |
$150 |
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Please see
Terms and Conditions of Use
before registering.
After we receive your
registration, we assign an individual user name and
password and send this to the e-mail address associated with the
registration.
This process is usually done within one day. Your time does not begin
until
after we have transmitted the user name and password.
Some e-mail servers are
restricting any e-mail that looks like spam. This may prohibit
delivery of your username and password. Please call us at 214-616-9408 if
you have not received your username and password within 24-hours after your
registration.
Copyright
2000
PetroStrategies, Inc.
All Rights Reserved
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PetroStrategies, Inc. 
