Petroleum Production Economics - PTRL5008

Faculty: Faculty of Engineering

School: School of Petroleum Engineering

Course Outline: http://www.petrol.unsw.edu.au/

Campus: Sydney

Career: Postgraduate

Units of Credit: 6

EFTSL: 0.12500 (more info)

Indicative Contact Hours per Week: 6

CSS Contribution Charge: 2 (more info)

Tuition Fee: See Tuition Fee Schedule

Further Information: See Class Timetable

Description

Unit A-Petroleum Project Evaluation: Cash flow analysis in the petroleum industry (definition of cash flow, deriving net cash flow under tax/royalty systems and production sharing contracts, depreciation methods, inflation, sunk costs). Economic indicators (net present value, rate of return and other indicators). Fiscal analysis (the nature of petroleum fiscal regimes, the effects of fiscal regimes on exploration and field development decision making, economic analysis of fiscal regimes in Australia and Indonesia). (Ref: PTRL3025)