SPEI - Oil and Gas Economics and Uncertainty

Speaker Rodney Schulz
Owner Schulz Consulting Rodney Schulz retired from ConocoPhillips in 2009 as a senior reservoir engineer and has held petroleum engineering and finance positions in the oil and gas industry throughout North America for both major and independent upstream and midstream oil and gas concerns. In 2010, he served as the ...

Owner
Schulz Consulting




Rodney Schulz retired from ConocoPhillips in 2009 as a senior reservoir engineer and has held petroleum engineering and finance positions in the oil and gas industry throughout North America for both major and independent upstream and midstream oil and gas concerns. In 2010, he served as the oil and gas finance, technical, and operational expert on a case for the Federal Bankruptcy Court in Corpus Christi, Texas.

Schulz has a BS in petroleum engineering from the University of Kansas and an MBA from Duke University’s Fuqua School of Business.




Full Description
 

Description

This 2-day course will teach participants how to identify, evaluate, and quantify risk and uncertainty in every day oil and gas economic situations. It reviews the development of pragmatic tools, methods, and understandings for professionals that are applicable to companies of all sizes. The course also briefly reviews statistics, the relationship between risk and return, and hedging and future markets. Other topics include:

  • Strength and weakness of traditional econcometric analysis methods
  • The efficient market hypothesis and its application to oil and gas price forecasting
  • Proven volatility/uncertainty reduction methods and tools for the operational side of business
  • How to scientifically and statistically incorporate differing perspectives
  • Ways to develop a revenue forecast that takes the uncertainties into account
  • Portfolio design and management

Why You Should Attend

This course will help you develop a better understanding of factors that could impact your daily economic decisions as well as establish a new set of applicable tools to use in your professional career.

Who Should Attend

This course is for professionals involved with economic evaluations, forecasting, and economic decisions in the upstream oil and gas business.

CEUs

1.6 CEUs (Continuing Education Units) are awarded for this 2-day course.

Organizer Cindy Davis

When?

Tue, Nov. 8 - Wed, Nov. 9, 2011
8:30 a.m. - 5:30 p.m. US/Central

Where?

SPEI Houston Training Center
10777 Westheimer Rd.
Houston, TX 77042
US

Refund Policy: You must notify the SPE-GCS office of your intent to cancel at least 24 hours prior to the event date to receive a refund. For all refund inquiries, email spe-gcs@spe.org. View our Terms & Conditions for more information.