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PetroStrategies recommends





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


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

Schedule

Dates

Price

Register

In-House

One day
8:30 am until 4:30 pm

According to
Request

According to
Request

Internet 7 day training window

On Demand

$175

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.

If you are registering outside the United States, you will have to call us at 214-616-9408 with your credit card information.

Payments are routed, processed and secured using VeriSign. 
For more information about VeriSign.

Updated 12/03/07

Copyright 2000
PetroStrategies, Inc.
All rights reserved
 

 
How You Will Benefit

Advance your career by improving your understanding of industry basics and trends

Broaden knowledge to improve job performance

Improve sales by gaining an in-depth understanding of industry trends and driving forces that affect buying decisions

Improve communication with customers and clients

Who Should Attend

Accountants and financial analysts new to the oil and gas industry

Investors who want a greater understanding of the oil and gas business

Public accountants who analyze oil and gas companies

Employees of financial institutions who work with oil and gas companies

What You Will Learn

Reviewing the role of oil and gas in the energy mix

Learning how permission to drill for oil and gas is obtained

Learning how working and revenue interests are calculated

Understanding the upstream functions of exploration and production

How the projects are evaluated using net present value and internal rate of return calculations

Understanding how the cost of capital is determined and used

How financial and operating analysis is used to evaluate the company’s past performance


 


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