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Fall 2014
7372 Upstream Economics - D. H. Bellman- 20981

Professor(s): Don Bellman (FACULTY)

Credits: 3

Course Areas: Energy, Natural Resources and Environmental Law 
Non-Law Courses

Time: 6:00p-9:00p  MLocation: 108  CBB

Course Outline: Objectives
• Understanding of the physical systems affecting the exploitation of hydrocarbon accumulations
• Understanding the economic structure and issues associated with key upstream processes.
• Ability to construct and use financial models and performance measures for the upstream business
• Appreciation of the key management decisions and the considerations that go into them in the highly uncertain exploration and production businesses

Requirements
1. Participation on a student team in a competitive simulated oil and gas exploration and production venture, concluding with an assessment of the team’s results and lessons learned
2. Preparation and use of a financial model using Excel
3. Two team presentations relating to case studies used in the course
4. Two brief recommendation papers relating to case studies used in the course
5. A final examination problem

Course Syllabus: Syllabus

Course Notes: Course taught by: Professor D.H.Bellman at Bauer School of Business.  The actual course number in Peoplesoft is: FINA7372-01,section 20981.

NOTE to law students: The Bauer School of Business will allocate 10 seats for law students in this course. This course counts as an EENR course for those in the EENR LLM or certificate program. Prof. Bellman notes: The key requirement is interest in the subject matter and willingness to engage in the course work. A preference will go to students who have already taken or are currently enrolled in International Petroleum Transactions or who have some industry background, if more than 10 students apply (because these factors reflect interest and engagement in the subject). Law Students must be pre-screened by Prof. Jacqueline Weaver at jweaver@uh.edu by submitting a resume and statement of interest in the course (why you want to take the course). If approved, your name will go to Derrick Gabriel in Student Services who will keep a list and allocate the 10 positions to the first 10 students on the list. Bauer registration occurs much later in the semester than Law Center registration, so you will not be officially enrolled until the Bauer registration system opens up. Student Services can help you with this. Law Students cannot receive credit for more than 6 hours of non-law school course credits, whether a JD or an LLM.


Prerequisites:  

First Day Assignments:

Final Exam Schedule:    

This course will have:
Exam:
Paper:

Satisfies Skills Course Requirement: No
Satisfies Senior Upper Level Writing Requirement: No