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Petroleum Economics Course

Petroleum Economics Course
from 4 to 360h flexible workload
valid certificate in your country

What will I learn?

This Petroleum Economics Course equips you with practical tools to confidently evaluate oil and gas projects. You will learn to construct transparent production profiles, estimate CAPEX and OPEX costs, model fiscal terms accurately, and handle decommissioning properly. Gain hands-on experience with NPV, IRR, payback periods, and sensitivity analysis using spreadsheets, while also mastering the creation of 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 risks through sensitivities, stress tests, and tornado charts for better decisions.
  • Present results clearly in 4-page executive summaries with transparent methods.

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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Very great course. Lots of rich information.
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