Events - Financial Modelling in the Oil and Gas Industry

Conference

Financial Modelling in the Oil and Gas Industry

Overview

As the oil and gas industry faces new financial challenges, it has become apparent that the next generation of oil fields will be more expensive. These rising costs reflect more difficult terrain, the remoteness of new developments and cost inflation due to equipment and personnel.

Given the complexity and risks associated with projects in this industry, it is imperative to construct efficient financial models to enable sound decision-making and competitiveness.

This conference will bring together experts from the financial sector, the industry and academia to share their thoughts on key areas that need to be understood in order to master financial modelling in the oil and gas sector. The two day event will thus equip delegates with a toolkit necessary to use and develop financial models for oil and gas projects in order to deliver excellence.

Please visit www.smi-online.co.uk for further information and booking details.

Agenda

From Financial Mechanics, John Richter will be presenting "Gas Contract Alphabet Soup: Modelling the impact of commonly occuring terms and conditions". Topics covered will include:

• Contractual time granularity: Quantity specifications on short, medium, and long-term periods
• Contract flexibility: Minimum take obligations, ‘swing’, and make-up / carryforward gas
• Interaction among multiple supply contracts: Indexation provisions, marginal price determination, price ranking, and ‘take cascade’
• Tolling agreements: Overview of basic provisions

 

Requirements

To reserve your place, please visit www.smi-online.co.uk

Alternatively, contact Marta Szymaniak via email or on tel: +44(0) 20 7827 6180

© Financial Mechanics 2008