Rating 4.7 out of 5 (23 ratings in Udemy)
What you'll learn- How specific upstream costs impact an energy company’s earnings; & why production costs may vary by location.
- Assess the economic performance of an oil well, including; operating profitability, break-even price, working interest and tax allocations.
- Classify and describe the costs and factors associated with the production of an oil field, with focus on primary, secondary & tertiary recovery methods.
- Assess the terms & conditions …
Rating 4.7 out of 5 (23 ratings in Udemy)
What you'll learn- How specific upstream costs impact an energy company’s earnings; & why production costs may vary by location.
- Assess the economic performance of an oil well, including; operating profitability, break-even price, working interest and tax allocations.
- Classify and describe the costs and factors associated with the production of an oil field, with focus on primary, secondary & tertiary recovery methods.
- Assess the terms & conditions of partnership management agreement; understand how duties are shared & disputes are settled between parties involved.
- Describe the nature of relationships, incentives, and potential conflicts among various stakeholders along the oil and gas supply chain.
- Identify & assess political risks that impact crude oil production decisions.
DescriptionThis course is designed to help students (including but not limited to; oil and gas analysts, energy traders and Energy Risk Professional (GARP)candidates), understand; managerial challenges faced by oil and gas companies in producing crude oil and natural gas with an emphasis on costs & cost advantage as a strategic objective.
This course, Production of Oil & Gas Products, is the 3rd reading from the Crude Oil Markets &Refined Products section of the Energy Risk Professional curriculum and covers GARPspecified Learning Objectives in detail.
The GARPspecific Learning Objectives of this reading are as follows:
Explain how specific upstream costs impact an energy company’s earnings; & why production costs may vary by location.
Assess the economic performance of an oil well, including; operating profitability, break-even price, working interest and tax allocations.
Classify and describe the costs and factors associated with the production of an oil field, with focus on primary, secondary & tertiary recovery methods.
Assess the terms & conditions of partnership management agreement; understand how duties are shared & disputes are settled between parties involved.
Describe the nature of relationships, incentives, and potential conflicts among various stakeholders along the oil and gas supply chain.
Identify & assess political risks that impact crude oil production decisions.
Disclaimer:This course is NOTGARPendorsed.