| Title: | Decision & Risk Analysis in Hydrocarbon Exploration and Production |
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|---|---|---|
| Dates: | TBA
Registration Deadline: 3 weeks prior to program start date Late Registration (within 3 weeks): Contact Registrar' Office to check space availability. |
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| Duration: | 2 day program: 8:30 am - 4:30 pm | |
| Location: | Offered at the Federal Reserve Bank
of Dallas: Houston Branch 1801 Allen Parkway, Houston, TX 77019 |
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| Faculty: | Dr. Jim Dyer, Department of Information, Risk, and Operations Management | |
| Cost: | $2400 (Fall ’08). Fee includes all program materials, breakfast, breaks, and lunch for each day. Team rates and alumni discounts available. Registration is not complete until payment is received. | |
Texas Executive Education
Executive Education :
Open Enrollment Programs : Decision & Risk Analysis in Hydrocarbon
Exploration and Production
Participant Resources:
Description
This program will present approaches for modeling decisions and uncertainties that arise in the context of oil and gas project management. These risks include those associated with estimates of hydrocarbon reserves and recovery rates, as well as those associated with the economic risks related to investment costs and oil prices.
Benefits:
- Review the ideas associated with the production of hydrocarbons over the life of an oil field
- Discuss risk analysis as it relates to forecasting and modeling
- Review economic modeling and understand how these risks should also be incorporated into decision making in oil and gas investments
- Learn how to use information and options to enhance economic value and to manage project risks
- Use provided examples and case studies to apply the concepts learned
- Work along with the faculty as they demonstrate experience with some of the software tools that support the analysis of problems (Participants will be encouraged to use personal laptops)
Continuing Education Units
Participants earn 1.40 continuing education units (CEU) or 14 (CPE) and a Texas Executive Education certificate.
