Petroleum Economics Course
Dive into petroleum economics for oil and gas upstream operations. Develop production and pricing forecasts, model capital and operating expenses plus fiscal terms, compute NPV, IRR, and payback metrics, perform sensitivity analyses, and deliver precise, actionable project evaluations ready for executives.

flexible workload of 4 to 360h
valid certificate in your country
What will I learn?
Gain hands-on skills to assess oil and gas projects confidently. Master creating clear production forecasts, calculating CAPEX and OPEX, applying fiscal regimes accurately, and handling decommissioning costs. Apply NPV, IRR, payback periods, and sensitivity tests using Excel, then craft sharp executive reports and solid financial models for key decisions.
Elevify advantages
Develop skills
- Craft oil price forecasts from public data into straightforward Brent curves.
- Simulate upstream cash flows covering CAPEX, OPEX, taxes, and royalties in Excel.
- Quickly value assets using NPV, IRR, and payback via practical spreadsheet tools.
- Evaluate risks through sensitivity runs, stress tests, and tornado diagrams for smart choices.
- Deliver concise 4-page executive briefs with fully transparent approaches.
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 workloadWhat our students say
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