Valuation and risk analysis of oil and gas assets

Training Course

06/11/2018 - 08/11/2018

08:45 - 17:00

Energy Institute61 New Cavendish StreetLondon, W1G 7AR

Non-Member: £2550.00 (excl. VAT)
Member: £2350.00 (excl. VAT)

The 3-day training course is pitched to appeal to professionals with a large range of technical and commercial backgrounds and varying levels of experience seeking insight to the broad range of asset valuation techniques required across the industry.

Dr David A. Wood B.Sc. Ph.D

Dr. Wood is an experienced consultant, with more than 30 years of international oil and gas experience, and provides technical, fiscal and contractual advice, technical and management training to a wide range of oil, gas and energy entities. He has extensive, economic, financial, fiscal operations, project, risk and strategic management experience with many international energy organizations and assets. 

Industry experience includes Phillips Petroleum, Amoco (Africa, Europe & UK) and Canadian independents (South America, Africa, Middle & Far East) with three years based in Colombia and four years based in Dubai. From 1993 to 1998 he was he was UK Managing Director for Lundin Oil & then Morrison Petroleum responsible for a broad portfolio of assets and a staff of more than 100.

For the past decade he has worked as an independent international consultant and expert witness. He has published an extensive body of work on diverse energy related topics including: the international energy markets, performance modelling of fiscal designs, petroleum economic analysis, enterprise risk & portfolio simulation, LNG, GTL and gas supply, deep-water exploration and production techniques, corporate performance, portfolio and strategy management, mergers & acquisitions, negotiations & project management. 

He is actively involved in diverse professional training, research, publication and development programmes. He is a member of the Energy Institute (MEI) and the Petroleum Exploration Society of Great Britain and associate editor of the Journal of Natural Gas Science & Engineering.


About this course:

Valuation of upstream, midstream and downstream assets is an essential  requirement of decision making for the oil and gas industry. This course discusses the fundamental variables and issues associated with petroleum asset valuations and provide an appreciation of how to assess the key uncertainties involved.

The course is pitched to appeal to professionals with a large range of technical and commercial backgrounds and varying levels of experience seeking insight to the broad range of asset valuation techniques required across the industry.

In addition the course provides details of the micro-economic issues facing oil and gas asset operators.

The course incorporates a sequence of short exercises and case studies to reinforce the tools and techniques discussed.

Who should take this course?

This course is designed for a multi-disciplined audience with diverse oil and gas, financial, petroleum economics, technical, strategic planning, risk management and operational backgrounds.Course content addresses issues and skills relevant to professionals working within oil and gas companies, government agencies (national oil and gas companies and ministries) and the support and service sectors to the industry.

Course overview:

Day One – Basic analysis and valuation techniques

Day Two – Constructing asset valuation models

Day Three – Dealing with uncertainty, hedges, options and portfolios

Contact details

Training Team: webtraining@energyinst.org, +44 (0)20 7467 7178