Gas Exploration Development Economics

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Gas Exploration Development Economics

About the Course

Maximise Your Potential For Strategic Negotiations & Operations

Embarking on the gas exploration and development journey entails a thorough exploration of economic considerations. This comprehensive guide is tailored for anyone involved in negotiations or operations for gas exploration and development, including geo-technical personnel, engineers, negotiators and lawyers seeking essential knowledge and skills in the dynamic gas sector.

Course Objectives

Delegates will learn about:-

• Economic incentives for gas development and associated terminology
• Analysis of gas properties
• Production sharing contracts (PSCs) & fiscal terms
• Exploration risk analysis, discount rates, economic evaluations, and strategic decision-making
• Valuable insights into sample contract language for key gas provisions, along with an understanding of boundary conditions, concerns, and objectives specific to gas vs oil

 

What You Will Accomplish

• Informed Decision-Making - Understand the economic dynamics of gas vs oil and enable informed decision-making in resource exploration and development
• Optimized Contractual Agreements – Gain knowledge of PSC clauses and market dynamics allowing for optimized contractual agreements and ensuring favorable terms for gas projects
• Financial Efficiency - Expand your awareness of fiscal incentives for gas development, such as lower royalties, financial efficiency and project viability
• Effective Contract Negotiation - Understand how to facilitate effective negotiation of contracts tailored for gas exploration and minimize uncertainties
• Risk Mitigation - Identify and mitigate risks associated with gas exploration, enhancing project success rates
• Improved Financial Planning - Raise awareness for discount rate impact on financial models allowing for improved financial planning and risk-adjusted investment strategies in the gas sector

 

Course Director

Daniel Johnston, President & Founder of Daniel Johnston & Co., is an independent financial consultant to the international petroleum industry. For the past 25 years he has worked in 44 countries with both International Oil Companies (IOCs) and National Oil Companies (NOCs) on contract analysis and design, negotiations, disputes, and renegotiations. He has a Bachelor of Science Degree in Geology from Northern Arizona University and an M.B.A. (Finance) from the University of Texas at Austin. Daniel founded Daniel Johnston & Co., Inc. in 1985. He writes a column for the Petroleum Accounting and Financial Management Journal (Institute of Petroleum Accounting – University of North Texas) and is author of a number of books including International Petroleum Fiscal Systems and Production Sharing Contracts Pennwell Books (1994).

 

2 ways to Attend

1.     Register for the in Person Courses planned for Doha in June 2024, Indonesia, Houston and other locations

2.     Bring the Gas Exploration Course In house into your company with full customisation. Email psc@cconnection.org or info@cconnection.org to get a quote

To get details on the next physical dates or look at the in-house option for your organisation, email info@cconnection.org

Benefit from Early Bird, Team or Group Fees

• Check early bird dates for respective venues
• Whilst Module 1 is optional, Module II is only available to those who have attended Module I. A laptop will be required for Module II.
• Team participation is encouraged with a savings of 15% on the total fees for bookings of three or more for Module 1 or both modules.  You save 10% for bookings of two. 
  
  

Who Should Attend

This course is a valuable resource for professionals across various disciplines within the gas exploration and development industry including:-

 

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