FINA 70610 – Energy Macroeconomics
The course focuses on the fundamentals of global supply and demand for primary fuels - oil, coal, natural gas, hydroelectricity, nuclear and alternatives. The electric power generation industry and the transportation fuel industry is examined to determine the impact of newly discovered natural gas resources in the United States. The case for a long term U.S. national energy policy is studied in detail. Finally, the impact of technology on improved energy efficiency and new energy supply is discussed.
FINA 70620 - Energy Corporate Finance
The course focuses on corporate finance issues affecting the energy industry. The material covered includes a review of macroeconomic view of energy supply, demand price and government policy for all forms of primary energy: oil, gas, coal, nuclear, hydroelectric, wind and other renewables. Capital structures are analyzed in the E&P, oil service, mid-stream and power sectors. Emphasis is placed on reserve based accounting and borrowing base determination in the oil and gas sector. Other topics covered include energy startups, IPO’s, mergers, acquisitions and divestitures.
ACCT 70610 - Energy Accounting
This course focuses on accounting and reporting issues affecting the energy industry. The material covered includes a review of how accounting information impacts finance and operations from the local to the global level. Uniquely energy related topics include intangible development cost law, accounting for oil and gas exploration, reserve estimation, accounting for unproved property, accounting for development stages of wells, accounting for joint operations, and production and volume measurement. Capitalization and the impact of the depletion model on taxes, current and projected income, and cash flows are also covered. Other topics covered include environmental liabilities are discussed along with revenue accounting structures.
MANA 70620 - Energy Legal and Regulatory Issues
The course focuses on legal and regulatory issues unique to the U.S. energy industry. Key legal topics covered include ownership rights, kinds of interests, protection of rights, creation and transfer of rights, creation and transfer of interests, essential clauses of modern energy leases, taxation, and energy contracts. Additionally, clean energy regulation will be discussed within the context of these energy topics. Specific clean energy topics include energy policy, renewable options, tax benefits of clean energy, and clean energy standards and the potential for qualifying energy sources.
GEOL 50563 - From Prospect to Production
A broad overview of the geologic, engineering and business sides of the oil and gas industry. The course will acquaint students with all the steps in the production of oil and gas from developing a prospect to delivering a product: how geologists decide where to drill, how mineral rights are acquired, how contracts are structured, and how financing is obtained for oil and gas deals. Includes the study of drilling and completion operations and the technology required to produce oil and gas. Students will also be acquainted with the legal, regulatory and environmental issues encountered in drilling for oil and gas.
MANA 70650 - Energy CEO Forum
In recent years, major changes in the environment in the energy sector have led to a stronger interest in effective leadership. This course is designed to allow students to learn directly from successful leaders who are the Chief Executive Officers in their energy organizations. The course will explore more than an intellectual understanding of leadership concepts – students will learn what it takes to lead themselves and others. Students will also learn what is necessary to lead a successful energy organization.
MANA 70663 - Global Experience in Energy
Students will travel to energy rich regions, such as Brazil or Dubai, for first-hand knowledge of crucial international energy issues and access to senior execs at global energy organizations. Led by a TCU expert, the course typically runs 7 to 10 days and is offered between regular semesters to accommodate the schedules of our working students.