Petroleum Economics Course
This course equips you with core petroleum economics skills for upstream oil and gas. Develop production and price forecasts, model CAPEX, OPEX, and fiscal regimes, compute key metrics like NPV, IRR, and payback periods, perform sensitivity analyses, and deliver clear, actionable project valuations for informed decision-making.

from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
Gain essential tools for confident project evaluation in petroleum economics. Master transparent production profiles, CAPEX and OPEX estimation, fiscal modeling, and proper decommissioning. Apply NPV, IRR, payback, and sensitivity analysis using spreadsheets, then craft concise executive summaries and robust financial models ready for decisions.
Elevify advantages
Develop skills
- Create oil price forecasts from public data into clear Brent scenarios.
- Model upstream cash flows including CAPEX, OPEX, taxes, and royalties in Excel.
- Quickly value projects using NPV, IRR, and payback calculations in spreadsheets.
- Assess risks through sensitivity analysis, stress tests, and tornado diagrams.
- Deliver sharp presentations with concise 4-page executive summaries.
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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