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Introduction
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Classroom Contents
Fundamentals of Petroleum Economics - Economic Analysis and Exploration
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- 1 Introduction
- 2 Technical service agreements
- 3 Consulting services and production sharing contracts
- 4 Importance of planning and self-development
- 5 Overview of the topic: economics and petroleum economics
- 6 Principles of decision making in the industry
- 7 Effects of inflation on buying power
- 8 Relationship between investment, interest, and profit
- 9 Importance of project expenses and time of return
- 10 Understanding the time value of money and investment evaluation
- 11 Calculation of the opportunity cost and time value of money
- 12 Compound interest explained
- 13 Future value calculation and discounting
- 14 Net present value calculation
