Petroleum Economics and Risk Analysis – An Application in PSC Gross Split

The current price situation has made many oil and gas projects was delayed while waiting for the situation to 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 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: Petroleum Economics and Risk Analysis – Mar 2020