Nov 28, 2023  
2021-2022 Academic Catalog 
2021-2022 Academic Catalog [Published Catalog]

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PENG 461/4226 - Petroleum Economics (3 cr.)


The Dynamics of Oil Prices; Demand and Supply for Oil versus other Energy Commodities; Overview of Structure of Oil Companies (Public, Private, and National); Time value of money; Cash Flow Analysis, Inflation, and Interest Rate; Investments Choices & Performance Metrics (Yardsticks); Reserves and resources classification; Reserves estimation methods; Decline Curve Analysis; International contracts; Risk Estimation in the Upstream Petroleum Industry.

When Offered
Every other semester

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