Course Information
Registration period
Year-round Recruitment
Course Level
Study Mode
Duration
1 Hour(s) 24 Minute(s)
Language
English
Taught by
Muhammad Abdul Rahim
Rating
Course Overview
Energy Risk Professional (GARP): Exam Review Series
This course is designed to help students (including but not limited to; oil and gas analysts, energy traders and Energy Risk Professional (GARP) candidates), understand; managerial challenges faced by oil and gas companies in producing crude oil and natural gas with an emphasis on costs & cost advantage as a strategic objective.
This course, Production of Oil & Gas Products, is the 3rd reading from the Crude Oil Markets & Refined Products section of the Energy Risk Professional curriculum and covers GARP specified Learning Objectives in detail.
The GARP specific Learning Objectives of this reading are as follows:
Explain how specific upstream costs impact an energy company’s earnings; & why production costs may vary by location.
Assess the economic performance of an oil well, including; operating profitability, break-even price, working interest and tax allocations.
Classify and describe the costs and factors associated with the production of an oil field, with focus on primary, secondary & tertiary recovery methods.
Assess the terms & conditions of partnership management agreement; understand how duties are shared & disputes are settled between parties involved.
Describe the nature of relationships, incentives, and potential conflicts among various stakeholders along the oil and gas supply chain.
Identify & assess political risks that impact crude oil production decisions.
Disclaimer: This course is NOT GARP endorsed.
Course Content
- 7 section(s)
- 28 lecture(s)
- Section 1 COURSE INTRODUCTION
- Section 2 LEARNING OBJECTIVE #1:
- Section 3 LEARNING OBJECTIVE #2:
- Section 4 LEARNING OBJECTIVE #3:
- Section 5 LEARNING OBJECTIVE #4:
- Section 6 LEARNING OBJECTIVE #5:
- Section 7 LEARNING OBJECTIVE #6:
What You’ll Learn
- How specific upstream costs impact an energy company’s earnings
- & why production costs may vary by location., Assess the economic performance of an oil well, including
- operating profitability, break-even price, working interest and tax allocations., Classify and describe the costs and factors associated with the production of an oil field, with focus on primary, secondary & tertiary recovery methods., Assess the terms & conditions of partnership management agreement
- understand how duties are shared & disputes are settled between parties involved., Describe the nature of relationships, incentives, and potential conflicts among various stakeholders along the oil and gas supply chain., Identify & assess political risks that impact crude oil production decisions.
Skills covered in this course
Reviews
-
ZZaur Murtuzov
Quite informative but could be better/ The instructor talks very fast and marker hanwriting is poor, so it is a little bit difficult to focus on writings
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RRichard Clarke
Good detail on slides.
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MMohammed Yakubu
excellent delivery
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MMuamen Jamil Sindy
This course is successful for me and everyone is working in oils company
