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Petroleum Economics Course

Petroleum Economics Course
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.
Workload: between 4 and 360 hours

What our students say

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