The Economics of Unconventional Resources & LNG Projects

Audience

The course is suitable for delegates of all technical and commercial disciplines from oil and gas companies, governments, banks, legal and accounting organizations.

Content

The course focuses on three main areas:

  1. The Fundamentals of petroleum project economics, fiscal systems and valuation
  2. The economics of unconventional projects
  3. The economics of LNG projects

The first part of the course provides delegates with a thorough understanding of petroleum economics, fiscal systems and valuation techniques. We draw on CGG’s extensive global database of fiscal systems in order to provide delegates with case studies. Techniques learnt are then applied over the next two days when the specifics of unconventional and LNG projects are discussed. 

The unconventionals part of the course discusses all the types of unconventional projects that are currently in operation around the world before moving on to the specifics of Shale Gas/ Oil and Coalbed Methane (CBM). We consider the characteristics of the reservoirs which in turn determine the development plan, facilities requirements and project economics.

LNG is a method of developing large gas structures providing flexibility of supply. It comes with its own unique characteristics around contracts, pricing and fiscal terms. Overall project economics can only be determined by considering project returns across the whole value chain. Delegates will partake in a modelling workshop to consolidate their understanding of this subject.   

Delegates will be provided with electronic copies of all workshop solutions and examples. They will all have a comprehensive hard copy course manual.

Duration

3-day

Number of Participants

Max 20

Prerequisites

Excel™: working knowledge

Software Used

None

Course Format

Classroom delivery with presentations, practical exercises and modelling workshops

Audience

The course is suitable for delegates of all technical and commercial disciplines from oil and gas companies, governments, banks, legal and accounting organizations.

Content

The course focuses on three main areas:

The Fundamentals of petroleum project economics, fiscal systems and valuation The economics of unconventional projects The economics of LNG projects

The first part of the course provides delegates with a thorough understanding of petroleum economics, fiscal systems and valuation techniques. We draw on CGG’s extensive global database of fiscal systems in order to provide delegates with case studies. Techniques learnt are then applied over the next two days when the specifics of unconventional and LNG projects are discussed. 

The unconventionals part of the course discusses all the types of unconventional projects that are currently in operation around the world before moving on to the specifics of Shale Gas/ Oil and Coalbed Methane (CBM). We consider the characteristics of the reservoirs which in turn determine the development plan, facilities requirements and project economics.

LNG is a method of developing large gas structures providing flexibility of supply. It comes with its own unique characteristics around contracts, pricing and fiscal terms. Overall project economics can only be determined by considering project returns across the whole value chain. Delegates will partake in a modelling workshop to consolidate their understanding of this subject.   

Delegates will be provided with electronic copies of all workshop solutions and examples. They will all have a comprehensive hard copy course manual.

Duration3-dayNumber of ParticipantsMax 20PrerequisitesExcel™: working knowledgeSoftware UsedNoneCourse FormatClassroom delivery with presentations, practical exercises and modelling workshops

Learning Objectives

Duration

3-day

Number of Participants

Max 20

Prerequisites

Excel™: working knowledge

Software Used

None

Course Format

Classroom delivery with presentations, practical exercises and modelling workshops

Find Out More

CGG GeoTraining offers the most comprehensive industry training based on years of practical experience acquired by our personnel.

Our proprietary courses are fully customizable and can be offered at a time and location convenient to you. Please request a course for more information.