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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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Quiz |
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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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Quiz |
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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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Quiz |
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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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Quiz |
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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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Quiz |
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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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Quiz |
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Class Exercise
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Comparing Oil and Gas Prospects |
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Interactive web page
Registration
| Format |
Time Period |
Price |
Register |
| Internet |
Six (6) day
training window |
$135 |
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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.
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Go to the
registration section on the page for each class and click on the
Buy Now logo.
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You will need to
set up a Google Account which should take only a couple of
minutes.
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After you have
completed the process and ordered the class, an email will be sent
to us and to you at the email address you used when you opened
your account.
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We will process
the registration and send you an email with your User Name and
Password.
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Please note that we will send your User Name and
Password to the email address you provide in your registration.
You may wish to provide a secondary address using the form below.
Copyright
2000
PetroStrategies, Inc.
All Rights Reserved
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PetroStrategies, Inc. 
