Evaluation of Oil & Gas Properties for Financial & Legal Professionals

Description

This complete 5-day course presents the foundational components and techniques of evaluating global oil and gas properties. By the end of this course, participants will fully understand the evaluation process, where to source the appropriate data, how to evaluate an oil and gas property, how to interpret evaluations done by others and, ultimately, how to make sound investment decisions. The course lecture material is supported by a number of workshop exercises. This course will be taught in person in Calgary, AB.

Designed for

This course has a financial focus related to the use of evaluations and is designed for accountants, legal professionals, business development, investment analysts interested in understanding the process and results of evaluating oil and gas properties.

Topics

This course includes practical insights for evaluating wells, groups of wells, properties and companies. Topics include:

• Introduction to petroleum geology
• Drilling, completions, and production overview
• Definition of reserves and resources
• Capital and operating costs
• Estimating reserves
• Profitability indices
• Income tax
• Oil, gas and product prices
• Interests and royalties
• Type curve overview
• Canadian oil sands
• Uses of evaluations