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Petroleum Economics Course

Petroleum Economics Course
from 4 to 360h flexible workload
valid certificate in your country

What will I learn?

Gain essential tools for confident petroleum project evaluation. Master transparent production profiles, CAPEX and OPEX estimation, fiscal term modelling, and proper decommissioning handling. 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 realistic oil price scenarios from public data into clear Brent forecasts.
  • Model comprehensive upstream cash flows including CAPEX, OPEX, taxes, and royalties in Excel.
  • Rapidly value projects using NPV, IRR, and payback calculations in practical spreadsheets.
  • Conduct risk analysis with sensitivities, stress tests, and tornado charts to inform choices.
  • Deliver sharp presentations via concise 4-page executive summaries with clear methodologies.

Suggested summary

Before starting, you can change the chapters and 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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SilviaNurse
Great course. A lot of valuable information.
WiltonCivil Firefighter

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