Petroleum Engineering Economics and Risk Analysis
Category:
Petroleum / Oil & Gas
Tanggal
20-23 Juli 2010
Jam Pelaksanaan
09.00-17.00 WIB
Tempat
Jayakarta Hotel
Bandung
Pembicara / Fasilitator
Prof. DR. Ir. Widjajono Partowidagdo, M.Sc
Harga
Rp.7.250.000,-
per participant, excluding accommodation & tax.
COURSE OBJECTIVE
Economic analyses that primarily involve engineering and technical projects commonly are called engineering economic studies or engineering economics. Petroleum business is just like other business which is aimed to make profit. Profit is a function of production, price, costs and government take (tax and non tax) and minimum return. To maintain production, any business needs to maintain stock. Stock in Petroleum Business is proven reserves. Petroleum business is a risky business.
To understand Petroleum Engineering Economics needs knowledge of petroleum proven reserve and production, price, costs, government take, contractor profit, minimum return and risks of Petroleum Business.
COURSE CONTENT
- Dynamics of Petroleum Business
- Petroleum Reserves and Production
- Methods to Measure Profit Indicators
- Selections among Alternatives
- Government Take from Tax and non Tax
- Cost Estimation
- Pricing
- Incentives
- Risk Management and Decision Making
- Petroleum Contract in Indonesia
PARTICIPANTS
- Engineers and Staff (Production, Operations, Facilities, Reservoir, Petroleum, Optimization, Design, Construction, and Maintenance)
- Geoscientists (Geologists, Geophysicists, and Petro physicists)
- Non Engineers (Accounting, Finance, Legal, Planning, Support)
- Team Leaders, Supervisors, Superintendents, and Managers
- Anybody who wish to know Petroleum Engineering Economic
