PE
449
Petroleum Economics
Economics of the upstream sector in all its aspects: reserves, players (international oil companies, national oil companies, service companies), investments, costs and benchmarking, certainty economics applied to petroleum projects cash flow including taxation, decline curve analysis and oil and gas reserve estimate, application of uncertainty analysis and the use of statistical and probabilistic properties of reservoir description, standard methods of investment analysis when risk has to be coped with.
Prerequisites:
0600209,0650324
0650449
(3-0-3)