This course is designed for learning the essential foundation of petroleum economics, project economic evaluation, and basic decision and risk analysis. Many key concepts will be covered including the time value of money, cash flow basics, common economic indicators, fiscal systems, and project selection fundamentals. Basic concepts of uncertainty and risk analysis will also be presented and discussed so that participants have a good foundation of industry best practices for many project economic evaluations.
The participants will gain understanding in petroleum economics, including an introduction to basic cash flow and net present value. The main types and elements of fiscal regimes around the world will be presented and discussed. During this course participants will do many exercises and evaluate and make recommendations on potential oil and gas investments.
This course uses primarily Excel for class exercises so participants must bring a laptop with Excel installed and working.
Course Dates - September 14 - 18, 2026
Location - Houston, TX
Prerequisite
Basic knowledge of Excel
