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Economics of Oil and Gas

Thursday, February 11, 2010 from 8:30 AM to 5:00 PM (MT)

Golden, United States

Economics of Oil and Gas

Ticket Information

Ticket Type Sales End Price Fee Quantity
Standard Ended $175.00 $5.37

Event Details

Instructor: Brady Rodgers, PE

Fee: $175; Includes: refreshments, workbook, and PDH certificate

Topics:

  • Common metrics – ROR, NPV, payout, P/L, discounting
  • How should operations affect economics & visa versa?
  • Using economics to make decisions
  • AFE Economics – Preparing, approving, and trouble shooting
  • Presenting Economics - Tornado charts, cash flow analysis, comparing projects
  • Reserves & Production Estimates in Economics
  • Risk analysis
    • Quantifying risk for drilling, operations, safety, exploration, and development
    • Risk vs. Certainty
  • Portfolio Economics
    • How to compare projects
    • How to build a portfolio of oil and gas projects
  • Acquisition & Divestiture Economics

Questions you will be able to answer at the end of the class:

  • How can I compare my project’s value to other projects in the company?
  • Is a horizontal well more economic than a vertical?
  • What does my boss want to see in my economics?
  • What affects my projects value the most? Costs, Reserves, Timing, Technology, etc?
  • What is the value of more data – seismic, well data, reservoir simulation, waiting for performance?

Who should take this class?

  • Engineers, Geoscientists, and Landmen involved in capital projects
  • Techs preparing economics
  • Managers approving investments
  • Accountants
  • Investors considering oil and gas opportunities

The Instructor

Brady Rodgers is a petroleum engineer experienced with oil companies of all sizes, from major E&Ps, private startups, and international operators overseas. He has built multiple exploration and development portfolios for companies both in the US and Europe. He regularly consults to E&Ps, Wall Street hedge funds, private equity firms, and management advisors such as McKinsey & Company. Mr. Rodgers has completed graduate studies in Global Energy Management (M.S.) and MBA courses at DePaul University’s Center for Strategy, Execution, and Valuation. He actively advises clients on E&P investment decisions.