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VERSION:2.0
PRODID:-//Explore Real Options - ECPv4.6.19//NONSGML v1.0//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
X-WR-CALNAME:Explore Real Options
X-ORIGINAL-URL:https://explorerealoptions.id
X-WR-CALDESC:Events for Explore Real Options
BEGIN:VEVENT
DTSTART;TZID=UTC+0:20200825T080000
DTEND;TZID=UTC+0:20200827T150000
DTSTAMP:20260424T092658
CREATED:20200719T235100Z
LAST-MODIFIED:20200719T235213Z
UID:2388-1598342400-1598540400@explorerealoptions.id
SUMMARY:Online Training Petroleum Economics and Risk Analysis - An application in PSC Gross Split vs Cost Recovery
DESCRIPTION:COURSE OUTLINE \nOutline Day One – Conventional Economic Analysis \n\n Fundamental of Upstream Economics\n\n\nUndiscounted Cash Flow Analysis (IRR\, POT)\nDiscounted Cash Flow Analysis (NPV\, PI)\n\n\n2. Upstream Contracts: Gross Split vs Cost Recovery \n\n\nBase split\, variable and progressive split\nUnrecovered cost vs Tax Loss Carry Forward\n\n          Workshop 1: Building a PSC and Gross Split cash flow model \n\n Upstream Risk Analysis \n\n\nIdentifying sources of uncertainty\nThree stages of Risk analysis\nSensitivity analysis\n\n          Workshop 2: Building scenario model (development and reserve scenario) \n\nScenario analysis\n\n         Workshop 3: Building sensitivity model (spider and tornado chart) \nOutline Day Two – Probabilistic Risk Analysis \n\n Introduction to probabilistic risk\n\n\nKey features of a probabilistic model\nKey parameter of probability distribution\n\n\n Monte Carlo simulation using Free SIPmath tools\n\n\nSchematic process of monte carlo simulation\nQuantifying variable uncertainty in upstream project using simulations techniques\nAssessing the effect of variable uncertainty on project’s NPV\nStep by step how to use SIPmath software\n\n        Workshop 4: Building a Monte Carlo simulation model using  SIPMath tools \nOutline Day Three – Modern Real Options Analysis \n\n Introduction to Real Options\n\n\nBirth and intuition behind Real Options\nConventional DCF vs Real Options (RO)\n\n        Workshop 5: Fundamental difference between DCF vs RO \n\n The Use of Market information\n\n\nFutures market\nForward Price model\n\n         Workshop 6: use future price data and develop dynamic stochastic forward price model \nCOURSE MATERIAL \n\nAccess to zoom premium account\nExtensive course notes and excel spreadsheets\nVideos detailing step to step to build DCF and RO probabilistic model\nFree SIPmath Monte Carlo simulation software\nFree book “ modelling valuation decision risk in oil and gas project “ by Nuzulul Haq\n\n
URL:https://explorerealoptions.id/event/online-training-petroleum-economics-and-risk-analysis-an-application-in-psc-gross-split-vs-cost-recovery/
ORGANIZER;CN="XP%20Training":MAILTO:training@xp-training.info
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