INTEGRATED PETROLEUM ECONOMIC And ACCOUNTING

 

The course participants will have a thorough background understanding of the general concepts, procedure and terminology of petroleum economics and profitability analysis of Oil and Gas Projects. In particular it emphasizes the peculiarity and fiscal arrangements of the petroleum industry.

Read more: Teknik Reklamasi dan Revegetasi Lahan

It also reviews the various contractual and fiscal terms prevalent in the petroleum industry, and how the various arrangements affect investment profitability.

 

Course:

1.       OVERVIEW

2.       PSC TERM

a.        PSC CHARACTERISTIC

b.       FISCAL TERM

c.        PSC TAXATION

3.       PSC FLOW

a.        ECONOMIC SCHEME OF PSC

4.       BASIC PRINCIPLE OF PETROLEUM ECONOMIC

a.        PRINCIPLE OF  PETROLEUM ECONOMIC CALCULATION

b.       ECONOMIC INDICATOR

5.       PETROLEUM ECONOMIC ANALYSIS

a.        CASH FLOW

b.       NPV

c.        IRR

d.       MARR

e.       POT

f.         INCRIMENTAL ANALYSIS

6.       PSC ACCOUNTING

a.        WP&B

b.       AFE