PETE 451 — Petro-Technical and Economics
BSc BSc Petroleum Engineering · Kwame Nkrumah University of Science and Technology
Economic appraisal methods for oil field developmental project evaluations including risk analysis, probability, and statistics in decision making and evaluations. Case studies. Designed to present an advanced knowledge of economic analysis of petroleum production leading towards increasing cost efficiency in the petroleum and related industries. The course objectives provide qualitative and qualitative description of production forecasts and reserve estimation; oil and gas pricing; cash flow analysis; risk and uncertainty of operation of oil and gas production (financing, debt/equity ratio, depreciation and taxation).
- Credits
- 3
- Level
- Year Four
- Semester
- Semester One
Other courses on this programme
- PETE 452 — Petroleum Project Evaluation
- PETE 453 — Technical Presentations II
- PETE 454 — Reservoir Description
- PETE 455 — Reservoir Development
- PETE 456 — Well Completion and Stimulation
- PETE 457 — Reservoir Models
- PETE 458 — Advanced Drilling Engineering
- PETE 459 — Well Drilling
- CHE 151 — Inorganic Chemistry For Engineers
- CHE 153 — Organic Chemistry For Engineers
- CHE 156 — Physical Chemistry For Engineers
- CHE 158 — Introduction to Information Technology
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