Petroleum Project Economics & Financial Modelling

Overview

Introduction

This 3-day intensive training program provides participants with a comprehensive understanding of petroleum project economics and financial modelling for upstream oil and gas investments. The course focuses on project evaluation, cash flow forecasting, and economic decision-making using Excel-based models. Through hands-on exercises and real-world case studies, participants will learn to assess project feasibility, profitability, and risk under varying technical and market conditions, ensuring sound investment decisions.

Learning Outcomes

By the end of this training course, participants will be able to:

  • Understand the fundamentals of petroleum project economics and fiscal systems.
  • Develop and interpret discounted cash flow and NPV models.
  • Evaluate project risks, sensitivities, and financial indicators.
  • Build and optimize Excel-based petroleum project models.
  • Support investment decisions through quantitative economic analysis.

Main Modules

  1. Fundamentals of Petroleum Project Economics
  2. Fiscal Systems and Economic Indicators
  3. Cash Flow Forecasting and Discounted Cash Flow Modelling
  4. Financial Modelling Techniques Using Excel
  5. Cost Estimation, CAPEX, and OPEX Structuring
  6. Risk and Sensitivity Analysis in Project Evaluation
  7. Scenario Modelling and Optimization Techniques
  8. Decision-Making and Project Feasibility Assessment

Certification

All participants will be provided with a program completion certificate from TRACEZ on satisfying the following conditions:

  • 100% attendance in the class and involvement in group discussions
  • Submission of continuous assessment (individual exercise and group exercise)
  • Successful completion of the end of course assessment


Mode Of Learning

online, classroom

Course Code

TROGPO010

Price

Duration

3 Days

Category

Oil & Gas Production Operations

Language

English

Certification

Yes