Petroleum Economics Course
Gain mastery in petroleum economics for upstream oil and gas projects. Develop skills to create production and price scenarios, model CAPEX, OPEX and fiscal terms, calculate key metrics like NPV, IRR and payback, perform sensitivity analysis, and deliver clear, decision-ready valuations suitable for executives.

from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
Acquire practical tools in this Petroleum Economics Course to confidently evaluate oil and gas projects. Master building transparent production profiles, estimating CAPEX and OPEX, modelling fiscal terms, handling decommissioning, and applying NPV, IRR, payback, and sensitivity analysis using spreadsheets. Transform results into concise executive summaries and robust, decision-ready financial models.
Elevify advantages
Develop skills
- Build oil price scenarios using public data for clear Brent price paths.
- Model upstream cash flows including CAPEX, OPEX, tax and government take in Excel.
- Value projects quickly by computing NPV, IRR and payback with practical spreadsheets.
- Analyze risk through sensitivities, stress tests and tornado charts for decisions.
- Present results clearly in 4-page executive summaries with transparent methods.
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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