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| The course aims to provide knowledge of basic knowledge of Petroleum Economics. Students will |
| understand the project commercial viewpoint and know ideas to change the principle to get better |
| financial results. Also, students will be able to run the cash flow analysis with the project sensitivity in |
| order to understand the project viability and profitability impact under the change of those project’s |
| critical elements. |
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| Engineer, Geoscientist, Finance, Accountant and all Supervisory staff. |
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| - Overview of Petroleum E&P Economics in Thailand |
| - Types of Petroleum Contracts |
| - Terminology and unit used in the Industry |
| - Law and Legislation that relate to the Economic Analysis |
| - Economics Terminology |
| - Principle of Hydrocarbon Pricing |
| - Project hurdle |
| - Identify the State of Each Types of Money (RT, MOD, PV, FV) |
| - Depreciation Principle |
| - Cash Flow Elements and how to calculate |
| - Discounting Process & Profitability Indicator Calculation |
| - Sensitivity Analysis, Project Ranking & Optimization |
| - Deferment, Acceleration, Exploration Project |
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| • 16 June 2009 |
• 20 – 22 October 2009
 Download Register Form |
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