- SPE Energy Stream
- Risk Analysis Applied to Petroleum Projects
Risk Analysis Applied to Petroleum Projects
Introduces concepts of risk and uncertainty as they apply to the oil and gas industry. Describes risk analysis models, measures of profitability and other decision-making tools. Reviews principles of probability distribution and introduces the Monte Carlo simulation model. Presents procedures for running simulation models. Discusses the roles of competitive bidding and enterprise risk management in the petroleum industry.
Expiration: This course expires 12 months from date of registration.
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Course Chapters
- 1Risk Analysis Applied to Petroleum ProjectsMedia Type: Scorm
Introduces concepts of risk and uncertainty as they apply to the oil and gas industry. Describes risk analysis models, measures of profitability and other decision-making tools. Reviews principles of probability distribution and introduces the Monte Carlo simulation model. Presents procedures for running simulation models. Discusses the roles of competitive bidding and enterprise risk management in the petroleum industry.
Credits
Earn credits by completing this course0.45 CEU credit4.5 PDH credits