Petroleum Economics Course
This course equips you to excel in petroleum economics for upstream oil and gas sectors. Develop production and price forecasts, model CAPEX, OPEX, and fiscal regimes accurately. Compute key metrics like NPV, IRR, and payback periods, perform thorough sensitivity analyses, and deliver polished, decision-focused project valuations that drive business success.

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.What our students say
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