By - Jon Brown

International Oil & Gas Business 101
September 11-12, 2019 | Denver, CO

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Overview

This decade has seen a resurgence in the US oil and gas industry, powered by technical breakthroughs such as horizontal drilling and hydraulic fracturing. In a more general sense, the growth in US oil production from tight oil development underscores the disruptive impact of technology. There is a broader theme at play: Where the resource exists, a shift in some key factor could unlock new possibilities for the local and global industry. These factors could be below ground, such as technology, or above ground, such as fiscal regimes, infrastructure, and new regulations. These patterns of shifts in the oil discourse driven by resource-idea-technology nexus have been replicated across time from Spindle Top, East Texas, Saudi Oil, North Sea Oil, to Alaskan Oil, 3D seismic technologies, to US tight oil. Today, the pace and coverage of events in the US often makes observers of the US phenomenon forget that this industry is largely steeped in a global industry and greatly affected by it. This course brings together elements of the global oil and gas industry and points key linkages between the US and the global industry.

The sources of petroleum, the nature and distribution of resources in different jurisdictions, the fiscal systems that enable development of the resource and the capacities of different regions to move and make the resource commercially available to consumers will continue to shape the local industry and elsewhere. This course provides the policymaker, corporate decision-maker, analyst, and investor the framework through which to understand the US oil industry and other local industries within the context of a global oil and gas industry, with its upstream, midstream and downstream segments. In addition to providing a broad overview through the course material, workshops and practice in-class exercises, the course provides participants with handy tools with which to understand and rank portfolios of oil and gas regions and place occurrences within their jurisdiction within the perspective of the global oil industry.

Learning Outcomes

  • Discuss the sources, origin and nature of petroleum
  • Address an overview of conventional und unconventional resources
  • Identify petroleum fiscal regime structures
  • Classify international oil and gas contracts
  • Apply national and international environmental regulations within the petroleum industry
  • Explain US/European environmental regulations and the petroleum industry
  • Apply decision-making tools and techniques under conditions of uncertainty
  • Identify capital budgeting and investment metrics
  • Discuss global oil supply
  • Describe OECD economics
  • Assess global export and import matters

Credits

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EUCI has been accredited as an Authorized Provider by the International Association for Continuing Education and Training (IACET).  In obtaining this accreditation, EUCI has demonstrated that it  complies with the ANSI/IACET Standard which is recognized internationally as a standard of good practice. As a result of their Authorized Provider status, EUCI is authorized to offer IACET CEUs for its programs that qualify under the ANSI/IACET Standard.

EUCI is authorized by IACET to offer 1.1 CEUs for this event.

 

Requirements for Successful Completion of Program

Participants must sign in/out each day, be in attendance for the entirety of the course

Instructional Methods

Power Point presentations and open discussion will be used

Agenda

Wednesday, September 11, 2019

8:00 – 8:30 a.m. :: Registration and Continental Breakfast

8:30 a.m. – 5:00 p.m. :: Course Timing

12:00 – 1:00 p.m. :: Group Luncheon


Introduction

    • Sources, origin and nature or petroleum
    • Overview of conventional and unconventional resources
    • Exploration and development phases of new oil and gas field development

Petroleum Fiscal Regimes

    • Regine structures
    • Examples of fiscal regimes

International Oil & Gas Contracts

    • Joint ventures
    • Production sharing contracts

National and International Environmental Regulations and the Petroleum Industry

    • US/European environmental regulations and the petroleum industry
    • International environmental law and multilateral environmental agreements

Making Decisions Under Conditions of Uncertainty

    • Decision tools and techniques
    • Capital budgeting and investment metrics
    • Cash-flow modeling and project decision analysis
    • Global cost of supply, supply factors, and implications

Thursday, September 12, 2019

8:00 – 8:30 a.m. :: Continental Breakfast

8:30 a.m.- 12:00 p.m. :: Course Timing


Global Oil Supply

    • Private industry crude oil supply
    • OPEC and OPEC plus supply

Global Oil Consumption

    • OECD economics
    • Emerging economics
    • Economic growth and energy intensity patterns

Oil & Gas Marketing

    • Global export and import patterns
    • Crude oil pricing

Instructor

Maduabuchi Pascal Umekwe, Commercial Analyst, Alaska Division of Oil & Gas

Dr. Maduabuchi Pascal Umekwe is a petroleum engineer and commercial analyst with Bachelors and Master’s Degrees in Petroleum Engineering, and a PhD in Petroleum Economics.

He has spent almost a decade in the oil and gas business as field engineer, development petroleum engineer and commercial analyst. His work experience spans tight oil and conventional oil and gas basins, and he conducts research on engineering, economic and environmental management aspects of US tight oil development. He has also worked as an adjunct faculty in the School of Management at the Alaska Pacific University and currently works in Alaska, where he conducts oil production forecasts, economic decision analysis, cash flow modeling and is involved in various aspects of oil and gas development negotiations.

Location

EUCI Office Building Conference Center

4601 DTC Blvd, B-100

Denver CO, 80237

 

Nearby Hotels

Hyatt Regency Denver Tech Center
7800 E Tufts Ave
Denver, CO 80237
Phone: 303-779-1234
0.3 miles away

Hilton Garden Inn Denver Tech Center
7675 E Union Ave
Denver, CO 80237
Phone: 303-770-4200
0.6 miles away

Denver Marriott Tech Center
4900 S Syracuse St
Denver, CO 80237
Phone: 303-779-1100
0.7 miles away

Hyatt Place Denver Tech Center
8300 E. Crescent Parkway
Greenwood Village, CO 80111
Phone: 1-888-492-8847
0.9 miles away

Register

Please Note: Confirmed speakers do not need to register and are encouraged to participate in all sessions of the event. If you are a speaker and have any questions please contact our offices at 1.303.770.8800

EventEarly Bird Before
Friday, August 23, 2019
Standard RateAttendees
International Oil & Gas Business 101US $ 1195.00 US $ 1395.00

Register 3 Send 4th Free!

Any organization wishing to send multiple attendees to these conferences may send 1 FREE for every 3 delegates registered. Please note that all registrations must be made at the same time to qualify.

Cancellation Policy

Your registration may be transferred to a member of your organization up to 24 hours in advance of the event. Cancellations must be received on or before August 09, 2019 in order to be refunded and will be subject to a US $195.00 processing fee per registrant. No refunds will be made after this date. Cancellations received after this date will create a credit of the tuition (less processing fee) good toward any other EUCI event. This credit will be good for six months from the cancellation date. In the event of non-attendance, all registration fees will be forfeited. In case of conference cancellation, EUCIs liability is limited to refund of the event registration fee only. For more information regarding administrative policies, such as complaints and refunds, please contact our offices at 303-770-8800

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