Understanding Petroleum Economics - June 11, 2024

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Understanding Petroleum Economics - Webinar (Part 1 Video)
06/11/2024 at 8:30 AM (CDT)  |  Recorded On: 06/11/2024  |  245 minutes
06/11/2024 at 8:30 AM (CDT)  |  Recorded On: 06/11/2024  |  245 minutes There was a slight issue with zoom where it made the recording two parts. This is Part 1, please see Part 2 for the rest of the content.
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Understanding Petroleum Economics (Part 2 Video)
Open to view video.  |  150 minutes
Open to view video.  |  150 minutes There was a mishap with zoom and we ended up with two parts of the recorded content. Here is the second part.
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Understanding Petroleum Economics - Survey
5 Questions
5 Questions After the completion of the survey, the CEUs will automatically be applied to the transcript.
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Understanding Petroleum Economics - Certificate
Live and Archive Viewing: 6.00 CEU credits and certificate available
Live and Archive Viewing: 6.00 CEU credits and certificate available
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Understanding Petroleum Economics - Ethics Certificate
Live and Archive Viewing: 1.00 CEUEthics credit and certificate available
Live and Archive Viewing: 1.00 CEUEthics credit and certificate available
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COURSE LEVEL: Intermediate

COURSE DESCRIPTION/SYNOPSIS: This course explains the creation and use of cash flows in the oil business, as well as methods for the inputs. 

LEARNING OBJECTIVES

At the conclusion of the webinar, the participant will be able to: 

  • Engineer volume forecast
  • Predict future prices relating to cash flow analysis including determining value/making an investment decision, assessing risk, and building a strategy and portfolio.
  • Calculate netback prices
  • Estimate operating costs

Speaker: Dwayne Purvis

CEU: 6.0 General CEUs, 1.0 Ethics CEU


Dwayne Purvis, P.E.

Petroleum Engineer, Founder & Principal Consultant

Dwayne Purvis, P.E.

Dwayne Purvis, P.E. has spent nearly 30 years in reservoir engineering and executive leadership as a consultant and operator.  He has led or participated in hundreds of engineering and strategic studies over dozens of basins in the United States and abroad. Mr. Purvis leads Purvis Energy Advisors, and he frequently teaches, speaks, and writes for industry organizations and for Texas Christian University.

He is a registered professional engineer in the state of Texas, member of SPEE, AAPG, SEG, SIPES and an active, 25-year member of SPE. He has also recently completed a master’s degree in sustainable energy at Johns Hopkins University.