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Petroleum Economics

In this module you will learn:

  • The business models of upstream, midstream, and downstream business units
  • How each business stream makes revenue and is influenced by macroeconomics
  • The business stream units that different types of companies operate within
  • The variables that contribute to fluctuations in world crude oil prices and the common crude oil and natural gas pricing indexes.
  • The factors considered in forecasting commodity prices and the relationship between price, investment, drilling rig counts, number of wells, and supply.
  • Trends in world energy supply and demand.
  • How upstream businesses evaluate prospective sites before drilling new crude oil and natural gas wells
  • The factors involved in financial decision making for new oil wells
  • How to complete a financial model of cash flow for an oil well
  • How to calculate rates of return on investments in new supplies

W3Schools

To Successfully complete this module, the learner is required to complete each lesson as well as the quiz with a minimum of 70%.

To Register for this course interested persons can visit our location at:

9 Camp Street, Newburg, Georgetown, Guyana For additional Information

Contact us at:

+592 – 709 – 1772

+592 – 225 – 8271

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Monday 9:00 am - 4.30 pm
Tuesday 9:00 am - 4.30 pm
Wednesday 9:00 am - 4.30 pm
Thursday 9:00 am - 4.30 pm
Friday 9:00 am - 4.30 pm
Saturday 9:30-12:00 pm
Sunday Closed

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Working hours

Monday 9:30 am - 4.30 pm
Tuesday 9:30 am - 4.30 pm
Wednesday 9:30 am - 4.30 pm
Thursday 9:30 am - 4.30 pm
Friday 9:30 am - 4.30 pm
Saturday 9:30 an - 12:00 pm
Sunday Closed
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