Overview. -- Time value of money. -- Investment decision analysis. -- Resources and reserves. -- Decline curve analysis using arps equations. -- Introduction to advanced decline curve analysis. -- Oil and gas prices. -- Mineral and surface owership. -- Capex and opex. -- Severance and ad valorem taxes. -- Federal income taxation. -- Production sharing agreements. -- Decision trees. -- Probability distributions. -- Monte Carlo simulation. -- The report. -- Example economic output. -- Construction of specially scaled graph paper. -- The use of average derivative of loss ratio to extrapolate decline curves. -- The derivative method of Bourdet, Ayoub, and Pirard. -- Preparation of the data for a Q-D-B curve. -- Depreciation methods. -- Acquisition data requirements