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Petroleum Economics Course

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

What will I learn?

Gain essential tools to assess oil and gas projects confidently. Master creating production forecasts, calculating CAPEX and OPEX, incorporating fiscal regimes, handling decommissioning costs, performing NPV, IRR, payback, and sensitivity analyses using spreadsheets, and producing executive summaries with robust financial models.

Elevify advantages

Develop skills

  • Build realistic oil price forecasts using public data for Brent crude paths.
  • Model comprehensive upstream cash flows including CAPEX, OPEX, taxes, and royalties in Excel.
  • Quickly value projects by calculating NPV, IRR, and payback using practical spreadsheets.
  • Evaluate risks through sensitivity analysis, stress tests, and tornado diagrams.
  • Deliver concise 4-page executive summaries with fully transparent 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.
Workload: between 4 and 360 hours

What our students say

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