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Revisit Petroleum Economics Workshop
August 13, 2018 @ 8:00 am - August 15, 2018 @ 5:00 pm
In a challenging oil and gas industry, it is very important to identify the uncertain variables and explore ways to minimize the downside risk and to maximize the upside potential.
The advance probabilistic analysis is essential to understand the influences and dynamics of project economics with respect to the oil and gas industry becoming imperative for anyone undertaking the development of a new resource project.
SIPmath tool, a free licensed software from probabibilitymanagemet.org facilitate the development of stochastic spreadsheet applications. This software can quickly create interactive monte carlo simulations in Excel, in which thousands of trials are run before the user’s finger leaves the <Enter> key.
Based on the recent published book and using the SIPmath tools, this specially designed 3-day cutting edge course aims to provide a solid understanding of the latest valuation and risk analysis in oil and gas projects for improved investment decision.
See all agenda of this workshop by click link below :
Revisit Petroleum Economics 13 -15 August 2018 Bandung – detail course outline