Petroleum Economics Modelling

This course will enlighten participants on petroleum economics, cash flow analysis, economic models and spreadsheet design, managing risks and uncertainty as well as decision analysis. Also covered is and project evaluation and financial modeling.

Current intake:  May

Start date: July 2019

About This Course

You will be taught by an experienced Mr. Muktar who is a 5 years experienced petroleum Economist with extensive experience in modelling different fiscal regimes, conducting economic evaluation of assets to identify commercial value drivers and assisting clients in commercial negotiations using modelling software like CASH, FINANCIALS and Plan.

He also has expertise in Specialties including: Petroleum Economics, Investment Appraisal, and Macroeconomics & Commodities Research  Regulatory Audit

 

Course Outline

  • Production Profiles, Project Cash Flow & Profitability
  • Unit Cost, Break evens Prices, Tariffs
  • Inflation & Exchange Rate
  • Time Value of Money and DCF Method of Valuation
  • Exploration Economics, Appraisal & Value of Information
  • Decommissioning Economics
  • Economic Indicators for Decision Making
  • Modeling a royal/ Tax concession in Excel
  • Modeling a PSC in Excel
  • Sensitivity and Scenario Analysis
  • Introduction to Petroleum Contracts
    • Royalty/Tax Concessions
    • Production Sharing Contract
    • Risk Service Contracts

Target Groups

Introduction to the energy industry is designed for:

  • regulators and government officials
  • ENERGY industry professionals new to the industry
  • Non professionals enthusiastic about the energy industry. 
 

What our students say

Meet the team

  • Duration:

2 weeks

  • Mode of Delivery:

Online & Face to face

  • Online Classes:
  • Face to Face Classes:
  • Cost:

USD 600 – Uganda
USD 800 – International
USD 1000 – Organistions

  • Venue:

Virtual University Uganda Camapus

  • Email :
corporate@virtualuni.ac.ug
  • Phone :
+256 706 243 386