A New Era of Petroleum Economics and Risk Analysis – An application in Gross Split and PSC contract

Current price situation has made much oil and gas project was delayed while waiting for the situation strengthen. Many people in the oil and gas industry are concerned that their organizations may be destroying value by making systematic errors in investment evaluation and decision.

Unfortunately, the conventional DCF valuation methods currently in common use in the petroleum economics have systematic biases that can lead asset managers to fall into all of these traps and others.

In a new era of the gross split regime in Indonesia, 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 new gross split era becoming imperative for anyone undertaking the development of a new resource project.

Based on the recently published book and using free SIPmath simulation 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 an improved investment decision.

See all the agenda of this workshop by click link below: A New Era of Petroleum Economics – Dec 2019