In this course you will learn to:

Explain how specific upstream costs impact an energy company’s earnings, and why production costs may vary by location

Assess the economic performance of an oil well, including operating profitability, break-even price, working interest, and tax allocations

Classify and describe the costs and factors associated with the production of an oil field, with focus on primary, secondary, and tertiary recovery methods

Assess the terms and conditions of a partnership management agreement; understand how duties are shared and disputes are settled between parties involved

Describe the nature of relationships, incentives, and potential conflicts among various stakeholders along the oil and gas supply chain

Identify and assess political risks that impact crude oil production decisions

This course is closed for enrollment.

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