CANCELED
Economic Decision-Making and Risk Management for China's Shale Plays

INSTRUCTOR:

Mark Cronshaw, Gustavson Associates, Boulder, CO

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DATES:

March 25, 2013

LOCATION:

Beijing, China, with IPTC Meeting

TUITION:

$595.00

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Course notes and refreshments are included.
No refunds for cancellations after 2/25/2013.

LIMIT:

50 people

CONTENT:

.75 CEU

Who Should Attend

The course is for vice presidents, exploration managers, economic geologists, economic engineers, corporate planners and financial analysts with a current or potential interest in shale gas in China.

Objectives

Participants in this course will:

• Develop awareness of shale gas potential in China
• Receive an overview of shale gas drilling and completion technologies
• Learn a framework for assessing the economics of shale gas exploration and development
• Recognize and model the uncertainties of shale gas in China
• Discuss risk mitigation strategies

Content

This one day course will provide an economic perspective on the potential for shale gas in China, and discuss risk management in the face of this enormous opportunity.

Topics include:

• Estimated shale gas resource and natural gas infrastructure in China
• Overview of shale gas drilling and completion technology
• An economic model of shale gas exploration and development
• Uncertainties about shale gas wells
• Well and completion cost
• Water availability
• Environmental impact of fracking
• Initial gas rate
• Decline curve
• Shale gas decision making: experimentation vs. production