Learn oil & gas petroleum economics, project evaluation, approval, and risk analysis — no heavy math or finance jargon.
Petroleum projects are approved—or rejected—not just on technical excellence, but on economic value, risk, and timing. Many technically sound projects fail because they do not meet economic or investment criteria.
What you’ll learn
- Understand the fundamentals of petroleum economics and project valuation.
- Apply NPV, IRR, DCF, and cash flow analysis to oil and gas investments.
- Evaluate development concepts using risk, scenario analysis, and fiscal regimes.
- Make strategic project decisions based on economics, timing, and uncertainty.
- Interpret CAPEX, OPEX, production profiles, and cash flow behavior.
- Think like a value-focused engineer, economist, and project decision maker.
Course Content
- Module 1 – Foundations of Petroleum Economics –> 4 lectures • 10min.
- Module 2 – Economic Models and Investment Metrics in Oil & Gas –> 3 lectures • 16min.
- Module 3 – CAPEX, OPEX, Production Profiles and Project Cash Flow –> 5 lectures • 10min.
- Module 4 – Time Value of Money and Discounted Cash Flow –> 5 lectures • 12min.
- Module 5 – Risk, Uncertainty and Strategic Analysis in Petroleum Projects –> 4 lectures • 17min.
- Module 6 – Fiscal Regimes, Government Take and Investment Incentives –> 2 lectures • 9min.
- Module 7 – Integrated Petroleum Economics and Strategic Decisions –> 3 lectures • 12min.
Requirements
Petroleum projects are approved—or rejected—not just on technical excellence, but on economic value, risk, and timing. Many technically sound projects fail because they do not meet economic or investment criteria.
This course helps engineers and technical professionals understand how petroleum projects are evaluated economically in the real world. It focuses on practical decision-making, not academic formulas, explaining how NPV, cash flow, discounting, risk, and fiscal regimes are actually used in industry.
You will learn how engineering decisions directly affect project economics, investment approval, and final sanction outcomes—using clear logic, realistic examples, and an integrated case study.
No advanced mathematics. No finance background required.
What You’ll Learn
- How petroleum projects create or destroy economic value
- How to interpret NPV, IRR, payback, and cash flow
- Why timing and early production dominate project economics
- Key CAPEX, OPEX, and production drivers
- Time value of money and discounting—without heavy math
- Major sources of risk and uncertainty
- Sensitivity and scenario analysis for downside risk
- Impact of fiscal regimes (PSC, concession, service contracts)
- How economics, risk, and fiscal terms shape real decisions
- How to communicate effectively with managers and decision-makers
- How to apply economic thinking to engineering design choices
Who This Course Is For
- Petroleum, reservoir, drilling, production, facilities, and subsea engineers
- Project engineers and project managers in oil & gas
- Technical professionals moving into leadership roles
- Engineers preparing for FID reviews, project approvals, or interviews
Who This Course Is Not For
- Advanced mathematical petroleum economics learners
- Finance or accounting specialists
- Spreadsheet-heavy financial modeling seekers
Course Approach
- Engineer-to-engineer explanations
- Decision-focused, not academic
- Realistic industry logic
- Risk-aware, not optimistic
- Designed for real projects and real careers