Petroleum Economics Course
This course equips you with core petroleum economics skills for upstream oil and gas sectors. Develop production and pricing forecasts, model capital and operating expenses alongside fiscal terms, compute key metrics like NPV, IRR, and payback, perform sensitivity analyses, and deliver concise, actionable project evaluations ready for decision-making.

from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
Gain essential tools in this Petroleum Economics Course to assess oil and gas projects effectively. Master creating production forecasts, calculating CAPEX and OPEX, incorporating fiscal regimes, and handling decommissioning costs accurately. Apply NPV, IRR, payback periods, and sensitivity analyses using spreadsheets, while crafting succinct executive reports and robust financial models for informed decisions.
Elevify advantages
Develop skills
- Create oil price forecasts using public data for reliable Brent pathways.
- Develop upstream cash flow models covering CAPEX, OPEX, taxes, and royalties in Excel.
- Quickly value projects by calculating NPV, IRR, and payback via practical spreadsheets.
- Evaluate risks through sensitivity tests, stress scenarios, and tornado diagrams.
- Deliver sharp presentations with four-page executive summaries and 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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