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 in concise executive summaries.

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 evaluate projects confidently. Learn to construct transparent production profiles, estimate CAPEX and OPEX, model fiscal terms accurately, and handle decommissioning properly. Practise NPV, IRR, payback, and sensitivity analysis using spreadsheets, then produce clear executive summaries and well-documented financial models ready for decisions.
Elevify advantages
Develop skills
- Build oil price scenarios from public data into 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 using 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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