Petroleum Project Economics, Risk & Decision Analysis

In the oil and gas industry, the economics behind a project can make or break it, often before the first well is drilled. Whether you’re greenlighting a capital investment, negotiating a fiscal agreement, or modeling long-term scenarios, the ability to evaluate risk and make financially sound decisions is critical.

This Petroleum Project Economics, Risk & Decision Analysis course is designed for professionals who need to go beyond the surface of financial models and get to the heart of what drives value in petroleum projects. Over five focused days, you’ll work through the economic fundamentals of oil and gas development, learn how to build and analyze detailed cash flow models, and apply proven techniques like NPV, IRR, and EMV to real-world scenarios.

But this course goes further. It introduces you to international fiscal frameworks, petroleum contracts, and capital budgeting tools — all within the context of managing uncertainty. Through hands-on exercises and practical case examples, you’ll explore how to interpret simulation outputs, use decision trees, and communicate results using visual tools like waterfall charts and sensitivity diagrams.

Whether you're managing upstream investments, evaluating partnership structures, or providing economic guidance on strategic decisions, this course is structured to sharpen your analysis and deepen your financial insight — with tools you can use right away.