Today’s petroleum exploration and production firms are in an increasingly competitive and risky business environment. Managers find they need to adopt better and more systematic decision processes that explicitly embody the firm’s objectives, desired goals, and resource constraints. They are regularly confronted with the issue of allocating scarce capital among a set of available exploration, development and acquisition opportunities…opportunities characterized by a high degree of financial risk and uncertainty. Therefore, firm managers must focus on the value their corporate and business level strategies are creating.
This 2 1/2 day course is a practical, hands-on approach to modern techniques in risk management and strategic decision making. The techniques presented are applicable to all aspects of petroleum exploration and production including prospect evaluation, resource allocation, diversification, risk sharing, and corporate planning.
The instructor, Dr. Michael R. Walls, will present an advanced set of decision science and strategy techniques and will show how to implement these techniques in your own E&P business to enhance the value of the company.
Under the experienced guidance of the instructor, participants will learn how to integrate the concepts and techniques stimulating and beneficial, enabling them to apply risk and decision-making concepts to their jobs immediately.
90% of participants rated this seminar & instructor “Excellent”!
“A very good overview of current risk applications in the petroleum industry.”
– VP, Rosewood Resources
“Dr. Walls clearly knows his stuff and his style makes it very easy to stay engaged. A very good class overall!”
– Sr. Engineer, Protégé Energy III
Contact our office today to sign-up!
The University of Tulsa, CESE
|Online registration available soon
|This course is also available for on-site training. In-company courses for your group simplifies scheduling and maximizes training dollars.
|Request a Course Quote for In-Company Training
Who Should Attend
*There are no prerequisites for attendance
During this seminar, you will learn & understand. . .
Date, Time & Location
This course meets from 8:30 am – 4:30 pm the first two days; then from 8:30 am – 12:00 pm on the third day.
This course qualifies for 16 PDHs (Professional Development Hours) and 1.6 CEUs (Continuing Education Units).
Course Summary Outline
Immediate Benefits of Attending
2018 Course Fee
$1,595 per person – Group Discount (3 or more attending same offering)