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Petroleum Economics Course

Petroleum Economics Course
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.
Workload: between 4 and 360 hours

What our students say

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