Petroleum Economics Course
This course equips you with essential petroleum economics expertise for upstream oil and gas sectors. Develop production and price forecasts, model capital and operating expenditures alongside fiscal terms, compute vital metrics like NPV, IRR, and payback periods, conduct thorough sensitivity analyses, and deliver concise, actionable project evaluations ready for executive review.

flexible workload from 4 to 360h
valid certificate in your country
What will I learn?
Gain practical skills in petroleum economics to confidently assess oil and gas projects. Master building production profiles, estimating CAPEX and OPEX, modelling fiscal regimes, handling decommissioning, and performing NPV, IRR, payback, and sensitivity analyses using spreadsheets. Craft executive summaries and robust financial models for key decisions.
Elevify advantages
Develop skills
- Create oil price forecasts using public data for reliable Brent pathways.
- Model upstream cash flows including CAPEX, OPEX, taxes, and royalties in Excel.
- Rapidly value projects through NPV, IRR, and payback calculations in spreadsheets.
- Assess risks with sensitivity analysis, stress tests, and tornado diagrams.
- Deliver sharp presentations via four-page executive summaries with 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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