Petroleum Economics Course
This course equips you to excel in upstream oil and gas economics. Develop production and price forecasts, model CAPEX, OPEX, fiscal regimes accurately, compute key metrics like NPV, IRR, payback periods, perform sensitivity analyses, and deliver clear, actionable project valuations for informed decisions.

from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
Gain essential tools for confident petroleum project evaluation. Master transparent production profiles, CAPEX and OPEX estimation, fiscal modelling, proper decommissioning, NPV, IRR, payback, sensitivity analysis in spreadsheets, plus concise executive summaries and robust financial models.
Elevify advantages
Develop skills
- Craft realistic oil price forecasts from public data sources.
- Model comprehensive upstream cash flows including CAPEX, OPEX, taxes in Excel.
- Rapidly value assets using NPV, IRR, payback calculations in spreadsheets.
- Conduct thorough risk assessments with sensitivities and tornado diagrams.
- Deliver polished 4-page executive summaries with clear methodologies.
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.What our students say
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