Jun 02, 2023  
PUBLISHED 2020-2021 Credit Catalog 
PUBLISHED 2020-2021 Credit Catalog [ARCHIVED CATALOG]

ECON 404 - Petroleum Economics

Course Description:
The course will introduce basic economics concepts with their terminology, including the time value of money and discounted cash flows, and cover taxes and land resource ownership in Alberta, partnership agreements, Alberta Government agencies and their roles, oil and gas production rate limitations in Alberta, sales contracts in Alberta, and profitability analysis. The “day program” course offering will also include an introduction to a petroleum economic evaluation program widely used by industry and a project assignment will be given that includes the use of the program.

1.5 Credits

Required Materials



This course has an exam(s) that must be proctored. Proctor fees will apply.  Learn more about our exam proctor options.

For international students only:  Department approval is required prior to registration.  For more information please contact international@sait.ca

For more information contact distance.education@sait.ca or call 1.888.284.7051 (Toll free in North America).



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