Project Profitability Studies
Summary
The decision to invest in the development of an oil or gas field is the outcome of a long process aiming at evaluating the Reserves, the Cost of the Investment (CAPEX), the Operating Expenses (OPEX) and the Risks associated to the field development.
A series of studies will allow the developer to better evaluate these Risks and gain knowledge in the most appropriate technologies to be used to produce the Reserves and operate the facilities.
Through the Risk evaluation and study, the Developer will identify the key variables which contribute most to the Project’s Risk. By playing with these key elements, he will evaluate the reliability and sustainability of the Project and therefore analyse the acceptability of the Project.
The deliverables of all the development studies leads to the Final Investment Decision, opening to the EPC Contract(s) and the construction of the Facilities.
Audience
All actors involved in CAPEX evaluation and costs estimates. To participate to this course, the Participants must have a global understanding of the Exploration-Production techniques.
Deliverables
Upon completion of this 5day course, Participants will be able to present and use decision-making tools for upstream project economics and investment financial analysis. Several case studies will be simulated by Trainees.
Certificate
The training will be open and closed by an online test. Upon completion of the training, including the test, participants will be awarded a Certificate of Attendance issued by Adinergy.
