Managing Risks and Strategic Decisions in Petroleum Exploration & Production&frfi=16734

Venue: Houston

Location: Houston, Texas, United States

Event Date/Time: Mar 07, 2011 End Date/Time: Mar 09, 2011
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Description

Overview

This three-day seminar provides participants a practical, hands-on approach to modern techniques in petroleum risk management and strategic decision-making. The techniques presented are applicable to all aspects of petroleum exploration and production – prospect evaluation, resource allocation, diversification, risk sharing, and corporate planning. This seminar helps participants develop problem solving, leadership, and functional skills necessary to manage the modern petroleum enterprise. This seminar is well suited for E&P managers, finance staff and managers, engineering managers, economics/planning personnel, as well as geologists and engineers. Seminar participants will find the concepts and techniques stimulating and beneficial – enabling them to apply risk and decision making concepts to their jobs. . . immediately.



A complete set of course materials and lunches are included.



Outline

Introduction

Modeling and Structuring Complex E&P Decisions

Decision Analysis - Utilizing Influence Diagrams and Decision Trees

Applications of Decision and Risk Analysis to the Petroleum Sector

Value of Information Concepts and its Application to the E&P Setting

The Value of Sensitivity Analysis and Monte Carlo Simulation in E&P

An Overview of Modern Finance Concepts and Investment Analysis

Portfolio Management - Models and Applications in the E&P Sector

Capital Projects as Real Options - Evaluating Investments

Corporate and Financial Risk Tolerance and E&P Decision Making

Implications of E&P Corporate Risk Taking and Performance

Incorporating Multiple Performance Objectives into Your Analysis

Integration - Working to Improve Performance

Venue

Additional Information

Delivery Method: Classroom Training
Fee: $ 2295 USD
Early Bird Fee: $ 2,065.50 USD Enroll prior to Jan 21, 2011, nonrefundable
Location Houston, TX

Types