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A 2-day introduction to the economics of the oil and gas industry. This course is suitable for students who are new to the oil and gas industry.
This 2-day course introduces the economics that drive the oil and gas industry. Participants in this course will learn about the oil and gas value chain and will consider the costs, revenues and risk associated with various stages in the chain. Basic economic principles such as Net Present Value and Internal Rate of Returns will be introduced and illustrated with examples from the oil and gas industry.