University Course Planner The University of Adelaide Australia

PETROGEO 7012 - Basin Energy Resource Evaluation

Career: Postgraduate Coursework
Units: 3
Term: 4220
Campus: North Terrace
Contact: Up to 6 hours per day (classroom sessions taught in intensive short-course mode – 12 classroom days required)
Restriction: Available only to students undertaking Master of Science in Petroleum Geoscience (to eventually be renamed MSc in Energy Geoscience)
Available for Study Abroad and Exchange: No
Available for Non-Award Study: No
Pre-Requisite: Honours degree level training or equivalent in Geoscience – no specific course pre-requisites; Honours degree GPA of 5/7 or greater; substantive research project experience or equivalent workplace experience in a related technical role
Co-Requisite: PETROGEO 7021, PETROGEO 7022
Assumed Knowledge: Honours degree level training or equivalent in Geoscience.
Assessment: In-class tests; quizzes; spreadsheet exercises, reports; assignments; take-home end-of-course assessment (summative).
Syllabus:

PETROGEO 7012 brings together disciplines of geology, geophysics, reservoir engineering and decision-making to provide an integrated approach to evaluating energy resources in sedimentary basins from a business perspective. Economic evaluations provide the main source of information for an energy industry organization by which investment and operational decisions are made regarding the most effective use of resources. There are many subtleties and assumptions that underlie the apparently straight-forward economic calculations that are often seen. Consequently, a fundamental understanding of the concepts behind economic evaluation and of techniques for performing them within an energy resource context, are essential skills. Topics to be included are: energy resource industry business context, economic and business concepts, cash-flows and energy industry fiscal regimes, time-value of money, discounted cash flow, net present value and other economic metrics, case study and portfolio management. High level technical resource issues becoming increasingly important to energy resource business decisions include the distribution of geological energy plays (resource system concepts), defined prospects for CO2 disposal and hydrogen storage, identification and management of non-potable water resources for generating green hydrogen and those for harvesting geothermal energy.

Course Fees

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Student Status

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Commonwealth supported
Full fee paying

Study Level

Undergraduate
Postgraduate Coursework
Non Award

Program of Study

Study Abroad student tuition fees are available here

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The fees displayed below for international students are for students commencing a program in 2024 only. International students who commenced a program in 2023 or prior can find their fee here.

Units
EFTSL
Amount
3
0.125
          
  


Course Outline

A Course Outline which includes Learning Outcomes, Learning Resources, Learning & Teaching for this course may be accessed here


Critical Dates

Term Last Day to Add Online Census Date Last Day to WNF Last Day to WF
4220 Mon 08/08/2022 Wed 17/08/2022 Fri 16/09/2022 Fri 28/10/2022


Class Details

Enrolment Class: Workshop
Class Nbr Section Size Available Dates Days Time Location
29647 WR01 3 1 25 Jul - 29 Jul Monday, Tuesday, Wednesday, Thursday, Friday 9am - 1pm Petroleum Engineering, G13, Teaching Room
25 Jul - 29 Jul Monday, Tuesday, Wednesday, Thursday, Friday 1pm - 5pm Petroleum Engineering, G13, Teaching Room
1 Aug - 3 Aug Monday, Tuesday, Wednesday 9am - 1pm Petroleum Engineering, G13, Teaching Room
1 Aug - 3 Aug Monday, Tuesday, Wednesday 1pm - 5pm Petroleum Engineering, G13, Teaching Room
11 Aug - 12 Aug Thursday, Friday 9am - 1pm Petroleum Engineering, G13, Teaching Room
11 Aug - 12 Aug Thursday, Friday 1pm - 5pm Petroleum Engineering, G13, Teaching Room
6 Sep - 9 Sep Tuesday, Wednesday, Thursday, Friday 9am - 1pm Petroleum Engineering, G13, Teaching Room
6 Sep - 9 Sep Tuesday, Wednesday, Thursday, Friday 1pm - 5pm Petroleum Engineering, G13, Teaching Room
Note: This class will be delivered both online and face to face. Please refer to MyUni for details once enrolled.