Petroleum Economics Course
4.4/5
Gain expertise in petroleum economics for upstream oil and gas sector. Develop production and price forecasts, model capital and operating expenditures along with fiscal terms, compute key metrics like NPV, IRR and payback periods, conduct sensitivity analyses, and deliver concise, actionable project valuation reports essential for strategic decisions.

4.4 in rating
flexible workload of 4 to 360h
valid certificate in your country
What will I learn?
Acquire essential tools for confident project evaluation in petroleum economics. Master building clear production profiles, estimating CAPEX and OPEX, modelling fiscal regimes, handling decommissioning accurately. Perform NPV, IRR, payback calculations and sensitivity analysis using spreadsheets, then craft precise executive summaries and robust financial models ready for decisions.
Elevify advantages
Develop skills
- Create oil price forecasts using public data for reliable Brent price trajectories.
- Develop upstream cash flow models covering CAPEX, OPEX, taxes and government shares in Excel.
- Rapidly value projects by calculating NPV, IRR and payback using efficient spreadsheets.
- Assess risks through sensitivity analysis, stress testing and tornado diagrams for informed choices.
- Deliver sharp presentations with concise 4-page executive summaries featuring clear methodologies.
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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