Understanding & Evaluating Oil & Gas Investments

Description

Understanding and Evaluating Oil and Gas Investments is a web-based class on the methods used to evaluate upstream oil and gas expenditures. The class presents a non-technical review of land leasing and acquisition, upstream operations (exploration and production), and investment analysis (project analysis and evaluation).�The class contains four hands-on exercises for students to apply information presented in the Microsoft PowerPoint slides. Each section contains a brief quiz to test the student's knowledge of the subject. Updated for 2015.

Features

	Exercises that allow you to apply information learned in lectures
	Lecture material that may be downloaded for note-taking and future reference
	Chapter quizzes to emphasize important points of lecture and test your knowledge
	Easy access to help using the "Ask an Expert" form and/or phone
	References for your to learn more about class topics

Who Should Attend

	Accountants and financial analysts new to the oil and gas industry
	Investors who want a greater understanding of the oil and gas business
	Public accountants who analyze oil and gas companies
	Employees of financial institutions who work with oil and gas companies

What You Will Learn

	Reviewing the role of oil and gas in the energy mix
	Learning how permission to drill for oil and gas is obtained
	Learning how working and revenue interests are calculated
	Understanding the upstream functions of exploration and production
	How the projects are evaluated using net present value and internal rate of return calculations
	Understanding how the cost of capital is determined and used
	How financial and operating analysis is used to evaluate the company�s past performance

Class Outline

	Fundamentals Crude Oil and Natural Gas Basics The Upstream Process Oil and Gas Statistics Quiz
	Land Leasing and Acquisition Types of Ownership Oil and Gas Interests Spacing and Working Interest Oil and Gas Leases Conveying Oil and Gas Rights Oil and Gas Contracts Quiz
	Class Exercise - Determining Working and Revenue Interests
	Exploration Petroleum Geology Exploration Techniques Drilling Completion Drilling Rig Schematic* Quiz
	Class Exercise - Finding Oil and Gas
	Production Conventional Operations Offshore Operations Shale oil and gas operations Enhanced Oil Recovery Plugging and Abandoning Production Surface Operations Schematic* Quiz
	Project Analysis and Evaluation Time Value of Money Project Ranking Cost of Capital Cost of Capital Components Weighted Average Cost of Capital Prospect Analysis Valuing Oil and Gas Property Quiz
	Class Exercise - Evaluating an Oil and Gas Project
	Evaluating Oil and Gas Investments Return on Investment Analysis Collateral - Reserves Successful Efforts vs. Full Cost Accounting Performance Analysis - Using Financial Measures Performance Analysis - Using Upstream Measures Management and Technical Team Drilling Program Quiz
	Class Exercise - Comparing Oil and Gas Prospects
	Special Topic Report - The Impact of Falling Oil Prices in 2015
	Class Exam

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* Interactive web page

Registration

Please see Terms and Conditions of Use before registering.

After we receive your registration, we assign an individual user name and password and send this to the e-mail address associated with the registration. This process is usually done within one day. Your time does not begin until after we have transmitted the user name and password.

Some e-mail servers are restricting any e-mail that looks like spam.� This may prohibit delivery of your username and password. Please call us at 214-616-9408 if you have not received your username and password within 24-hours after your registration.

2. Go to the registration section on the page for each class and click on the Buy Now logo.

3. You will need to set up a Pay Pal Account which should take only a couple of minutes.

4. After you have completed the process and ordered the class, an email will be sent to us and to you at the email address you used when you opened your account.

5. We will process the registration and send you an email with your User Name and Password.

6. Please note that we will send your User Name and Password to the email address you provide in your registration.� You may wish to provide a secondary address using the form below.�