Portfolio management of oil and gas assets

Training Course

09/10/2018 - 11/10/2018

08:45 - 17:00

Energy Institute61 New Cavendish StreetLondon, W1G 7AR

Non-Member: £2550.00 (excl. VAT)
Member: £2350.00 (excl. VAT)

This 3-day training course addresses portfolio management from theoretical and practical perspectives applicable to assets from along the oil and gas supply chain. The skills and industry insight provided by the course will be of value to corporate, portfolio and asset-based decision-makers.

Dr David A. Wood B.Sc. Ph.D

Dr. Wood is an experienced consultant, with more than 30 years of international oil and gas experience, and provides technical, fiscal and contractual advice, technical and management training to a wide range of oil, gas and energy entities. He has extensive, economic, financial, fiscal operations, project, risk and strategic management experience with many international energy organizations and assets.

Industry experience includes Phillips Petroleum, Amoco (Africa, Europe & UK) and Canadian independents (South America, Africa, Middle & Far East) with three years based in Colombia and four years based in Dubai. From 1993 to 1998 he was he was UK Managing Director for Lundin Oil & then Morrison Petroleum responsible for a broad portfolio of assets and a staff of more than 100.

For the past decade he has worked as an independent international consultant and expert witness. He has published an extensive body of work on diverse energy related topics including: the international energy markets, performance modelling of fiscal designs, petroleum economic analysis, enterprise risk & portfolio simulation, LNG, GTL and gas supply, deep-water exploration and production techniques, corporate performance, portfolio and strategy management, mergers & acquisitions, negotiations & project management.

He is actively involved in diverse professional training, research, publication and development programmes. He is a member of the Energy Institute (MEI) and the Petroleum Exploration Society of Great Britain and associate editor of the Journal of Natural Gas Science & Engineering.


About this course:

Risk management, stochastic modelling and optimization are essential requirements for upstream oil and gas decision making. The information provided by modern portfolio modelling techniques and tools also leads to improved insight and understanding of the potential contributions assets can make to specific portfolio combinations. A quantified corporate strategy, with clearly defined goals and constraints, integrated with portfolio models leads to more robust upstream portfolio decisions.

This course includes presentations, exercises and case studies focused on the upstream oil and gas sector. It also addresses the involvement of midstream and downstream assets and other non-petroleum energy assets in the context of achieving balanced portfolios. The materials presented are designed to provide delegates with knowledge of portfolio management issues and modelling techniques and how they are applied.

Who should take this course?

This course is designed for a multi-disciplined professional audience drawn from portfolio, economic analysis, strategic planning, corporate, fiscal, financial and business development divisions of oil and gas companies, institutions financing such companies, and analysts of the oil and gas sector. The skills and industry insight provided by the course will be of value to corporate, portfolio and asset-based decision-makers.

Course overview:

Day One – E&P portfolio characterization considerations

Day Two – Portfolio modelling and optimization

Day Three – Organizational and business development factors

 

Contact details

Training Team: webtraining@energyinst.org, +44 (0)20 7467 7178