Petroleum Economics Course
Master petroleum economics for upstream oil and gas projects. Develop production and price scenarios, model CAPEX, OPEX and fiscal terms, calculate NPV, IRR and payback periods, conduct sensitivity analysis, and deliver clear, decision-ready valuations suitable for executives.

4 to 360 hours flexible workload
valid certificate in your country
What will I learn?
This Petroleum Economics Course equips you with practical tools to confidently evaluate projects. Master building transparent production profiles, estimating CAPEX and OPEX, modelling fiscal terms, and handling decommissioning accurately. Practise NPV, IRR, payback, and sensitivity analysis using spreadsheets, then create concise executive summaries and robust, decision-ready financial models.
Elevify advantages
Develop skills
- Build oil price scenarios using public data for clear Brent price paths.
- Model upstream cash flows including CAPEX, OPEX, tax and government take in Excel.
- Value projects quickly by computing NPV, IRR and payback with practical spreadsheets.
- Analyse risk through sensitivities, stress tests and tornado charts for decisions.
- Present results clearly in 4-page executive summaries with transparent methods.
Suggested summary
Before starting, you can change the chapters and the workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.What our students say
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