PETROGEO 7012 - Basin Energy Resource Evaluation
Career: | Postgraduate Coursework |
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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
Study Abroad student tuition fees are available here
Only some Postgraduate Coursework programs are available as Commonwealth Supported. Please check your program for specific fee information.
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.
EFTSL | |||
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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 |
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4220 | Mon 08/08/2022 | Wed 17/08/2022 | Fri 16/09/2022 | Fri 28/10/2022 |
Class Details
Enrolment Class: Workshop | |||||||
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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. |