Petroleum Financial Modelling and Economics Course
At a glance
- Duration
- 2 Weeks
- Format
- Classroom
- Cities
- Cairo, Addis Ababa, Doha, Frankfurt, Chicago, Rome and more
- Next session
- 9 – 20 November 2026, Cairo
- Average fee
- 13,950 €
Overview
Advanced Financial Modelling and Petroleum Project Economics Course is a two-week advanced course for petroleum economists, financial modelers, investment analysts, planners, and commercial decision-makers who leave with an Audited Petroleum Investment Model and Decision Pack. Participants integrate production, price, cost, fiscal, financing, valuation, uncertainty, and risk assumptions in a controlled cash-flow model. The course turns fragmented inputs into traceable investment evidence. Agile Leaders Training Center presents this course on petroleum financial modelling and project economics.
Who Should Attend
- Teams responsible for petroleum economic evaluation and assurance
- Functions responsible for financial modelling and investment analysis
- Personnel responsible for development planning and commercial assumptions
- Groups responsible for project finance and fiscal analysis
- Managers responsible for capital allocation and investment decisions
The course assumes participants can use spreadsheets, interpret project assumptions, and apply basic time-value-of-money concepts; it leaves out introductory accounting and reservoir simulation.
Departments and Industries
The course supports departments and industries that evaluate capital-intensive subsurface and energy investments.
- Oil and gas operators and service companies
- Energy, geothermal, and infrastructure investors
- Petroleum economics and commercial departments
- Corporate finance and project finance functions
- Development planning and portfolio teams
- Investment assurance and strategy groups
Learning Objectives
By the end of this course, participants will be able to:
- Build a controlled petroleum project cash-flow model
- Analyze production, price, cost, fiscal, and financing assumptions
- Apply discounted valuation and economic indicators
- Evaluate sensitivity, scenarios, uncertainty, and risk
- Compare projects and prioritize investment choices
- Audit and present a decision-ready economic model
Course Agenda
Day 1: Architect the Economic Model
- Petroleum Project Economic Evaluation Map
- Model Input, Calculation, and Output Architecture
- Assumption Register and Source Traceability Log
- Spreadsheet Control and Error Check Framework
- Model Timeline and Calculation Convention Sheet
Day 2: Model Production and Revenue
- Production Profile and Working Interest Schedule
- Product Price and Differential Assumption Table
- Sales Volume and Revenue Calculation Module
- Inflation, Escalation, and Exchange Rate Method
- Revenue Reconciliation and Variance Check
Day 3: Build Life-Cycle Costs
- Development CAPEX Phasing Model
- Operating Cost Driver and Unit Cost Schedule
- Maintenance and Replacement Capital Forecast
- Decommissioning and Abandonment Cost Provision
- Cost Estimate Basis and Contingency Register
Day 4: Construct Discounted Cash Flow
- Real and Nominal Cash Flow Bridge
- Working Capital and Tax Depreciation Schedule
- Pre-Tax and Post-Tax Cash Flow Statement
- Discount Factor and Present Value Calculation
- Cash Flow Integrity Reconciliation Test
Day 5: Model Fiscal Terms
- Royalty and Production Sharing Calculation Map
- Cost Recovery and Profit Petroleum Module
- Income Tax and Loss Carry-Forward Schedule
- Government Take and Contractor Value Metrics
- Fiscal Term Comparison Scenario Table
Day 6: Evaluate Financing and Returns
- Debt Drawdown and Repayment Schedule
- Interest, Fees, and Financing Cash Flow Module
- Net Present Value and Internal Rate of Return Metrics
- Payback, Profitability Index, and Break-Even Model
- Financing Structure and Equity Return Bridge
Day 7: Test Sensitivity and Scenarios
- One-Way Sensitivity Data Table
- Two-Way Price and Cost Sensitivity Matrix
- Integrated Development Scenario Manager
- Break-Even Price and Volume Curve
- Tornado Chart and Value Driver Ranking
Day 8: Quantify Uncertainty and Risk
- Uncertain Input Distribution Register
- Monte Carlo Simulation Logic and Output Map
- Expected Monetary Value Decision Tree
- Risked Value and Chance-Adjusted Economics
- Downside Case and Investment Exposure Profile
Day 9: Compare and Assure Investments
- Incremental and Mutually Exclusive Project Analysis
- Capital Rationing and Portfolio Ranking Matrix
- Model Audit Checklist and Formula Review
- Investment Decision Dashboard and Narrative
- Model Documentation and Handover Pack
Day 10: Practice Investment Decisions
- Suggested Exercise: Diagnose a Petroleum Model
- Suggested Exercise: Build a Fiscal Cash Flow
- Suggested Exercise: Test Price and Cost Uncertainty
- Suggested Exercise: Defend a Portfolio Ranking
- Capstone Exercise: Present an Audited Petroleum Investment Model and Decision Pack
Practical Exercises
The course uses suggested activities to convert technical and commercial assumptions into traceable investment evidence.
- Suggested activity: structure production, price, cost, fiscal, financing, and abandonment inputs in a controlled model.
- Suggested activity: calculate cash flow, valuation indicators, break-even points, and contractor and government outcomes.
- Suggested activity: test sensitivities, scenarios, distributions, and decision-tree alternatives.
- Suggested activity: audit the model and present a ranked investment recommendation with assumptions and limitations.
FAQs
Who suits advanced petroleum financial modelling training, and what does it assume?
Petroleum economists, financial modelers, analysts, planners, commercial specialists, and investment decision-makers suit the training. It assumes spreadsheet competence, familiarity with project assumptions, and basic time-value-of-money knowledge.
How does petroleum project economics training differ from general financial modelling training?
Petroleum project economics training integrates production profiles, price differentials, life-cycle costs, fiscal terms, abandonment, uncertainty, and petroleum investment decisions. General financial modelling training usually focuses on corporate statements and broader business forecasts.
Which indicators are used in petroleum project economics?
Petroleum project economics uses net present value, internal rate of return, payback, profitability index, break-even measures, government take, contractor value, and risk-adjusted results according to the decision context.
How are fiscal terms represented in a petroleum financial model?
Fiscal terms are represented through linked royalty, cost-recovery, profit-sharing, tax, loss, and government-revenue calculations that reconcile with project cash flow and contractor value.
How is uncertainty tested in petroleum project valuation?
Uncertainty is tested through sensitivity tables, scenarios, break-even analysis, input distributions, simulation outputs, expected monetary value, downside cases, and explicit decision assumptions.
Conclusion
Participants take an Audited Petroleum Investment Model and Decision Pack back to their organization. It connects production, price, cost, fiscal, financing, valuation, sensitivity, uncertainty, risk, and portfolio evidence in one controlled model. Teams can use it to compare opportunities, challenge assumptions, and support traceable capital decisions.
credits: 5 credit per day
Course Mode: full-time
Provider: Agile Leaders Training Center
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Events for this Course
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Cairo 9 – 20 November 2026
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Addis Ababa 16 – 27 November 2026
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Doha 22 November – 3 December 2026
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Frankfurt 23 November – 4 December 2026
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Chicago 29 November – 10 December 2026
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Rome 30 November – 11 December 2026
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Vienna 21 December 2026 – 1 January 2027
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Lisbon 21 December 2026 – 1 January 2027
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Kuala Lumpur 28 December 2026 – 8 January 2027
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Cape town 3 – 14 January 2027
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Baku 11 – 22 January 2027
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Tashkent 17 – 28 January 2027
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Prague 18 – 29 January 2027
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Munich 25 January – 5 February 2027
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Tokyo 8 – 19 February 2027
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Zoom 15 – 26 February 2027
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Singapore 22 February – 5 March 2027
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Trabzon 7 – 18 March 2027
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Tbilisi 8 – 19 March 2027
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Marbella 14 – 25 March 2027
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Paris 15 – 26 March 2027
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Amsterdam 29 March – 9 April 2027
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Athens 29 March – 9 April 2027
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Lagos 11 – 22 April 2027
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Casablanca 19 – 30 April 2027
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Jakarta 26 April – 7 May 2027
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Abu Dhabi 26 April – 7 May 2027
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Sharm El-Sheikh 3 – 14 May 2027
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London 10 – 21 May 2027
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Istanbul 24 May – 4 June 2027
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Nice 24 May – 4 June 2027
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Zanzibar 30 May – 10 June 2027
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Bali 6 – 17 June 2027
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Amman 13 – 24 June 2027
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Johannesburg 20 June – 1 July 2027
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Geneva 27 June – 8 July 2027
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Dubai 12 – 23 July 2027
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Manama 18 – 29 July 2027
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Accra 25 July – 5 August 2027
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Barcelona 9 – 20 August 2027
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Langkawi 15 – 26 August 2027
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New York 16 – 27 August 2027
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Nairobi 22 August – 2 September 2027
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Montreux 23 August – 3 September 2027
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Madrid 30 August – 10 September 2027
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Abu Dhabi 30 August – 10 September 2027
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Phuket 5 – 16 September 2027
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Toronto 5 – 16 September 2027
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Bangkok 12 – 23 September 2027
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Berlin 13 – 24 September 2027
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Seoul 20 September – 1 October 2027
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London 27 September – 8 October 2027
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San Diego 27 September – 8 October 2027
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Kuwait 3 – 14 October 2027
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Milan 4 – 15 October 2027
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Muscat 17 – 28 October 2027
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Dubai 18 – 29 October 2027
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Porto 1 – 12 November 2027
| Image | Location | Dates | Duration | Mode | Price | Actions |
|---|---|---|---|---|---|---|
|
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Cairo |
Week 46, 2026 9 – 20 November 2026 |
2 Weeks | Onsite | €8,500 | |
|
|
Addis Ababa |
Week 47, 2026 16 – 27 November 2026 |
2 Weeks | Onsite | €10,000 | |
|
|
Doha |
Week 47, 2026 22 November – 3 December 2026 |
2 Weeks | Onsite | €14,000 | |
|
|
Frankfurt |
Week 48, 2026 23 November – 4 December 2026 |
2 Weeks | Onsite | €14,000 | |
|
|
Chicago |
Week 48, 2026 29 November – 10 December 2026 |
2 Weeks | Onsite | €20,000 | |
|
|
Rome |
Week 49, 2026 30 November – 11 December 2026 |
2 Weeks | Onsite | €14,000 | |
|
|
Vienna |
Week 52, 2026 21 December 2026 – 1 January 2027 |
2 Weeks | Onsite | €15,000 | |
|
|
Lisbon |
Week 52, 2026 21 December 2026 – 1 January 2027 |
2 Weeks | Onsite | €14,000 | |
|
|
Kuala Lumpur |
Week 53, 2026 28 December 2026 – 8 January 2027 |
2 Weeks | Onsite | €14,000 | |
|
|
Cape town |
Week 53, 2027 3 – 14 January 2027 |
2 Weeks | Onsite | €10,000 | |
|
|
Baku |
Week 02, 2027 11 – 22 January 2027 |
2 Weeks | Onsite | €15,000 | |
|
|
Tashkent |
Week 02, 2027 17 – 28 January 2027 |
2 Weeks | Onsite | €15,000 | |
|
|
Prague |
Week 03, 2027 18 – 29 January 2027 |
2 Weeks | Onsite | €15,000 | |
|
|
Munich |
Week 04, 2027 25 January – 5 February 2027 |
2 Weeks | Onsite | €14,000 | |
|
|
Tokyo |
Week 06, 2027 8 – 19 February 2027 |
2 Weeks | Onsite | €18,000 | |
|
|
Zoom |
Week 07, 2027 15 – 26 February 2027 |
2 Weeks | Online | €4,500 | |
|
|
Singapore |
Week 08, 2027 22 February – 5 March 2027 |
2 Weeks | Onsite | €14,000 | |
|
|
Trabzon |
Week 09, 2027 7 – 18 March 2027 |
2 Weeks | Onsite | €15,000 | |
|
|
Tbilisi |
Week 10, 2027 8 – 19 March 2027 |
2 Weeks | Onsite | €15,000 | |
|
|
Marbella |
Week 10, 2027 14 – 25 March 2027 |
2 Weeks | Onsite | €14,000 |
Frequently asked questions
What does this course cover?
OverviewAdvanced Financial Modelling and Petroleum Project Economics Course is a two-week advanced course for petroleum economists, financial modelers, investment analysts, planners, and commercial decision-makers who leave with an Audited Petroleum Investment Model and Decision Pack. Participants integrate production, price, cost, fiscal, financing, valu…
Are training dates available?
Yes. Available dates and destinations are listed in the course dates section on this page.
How can I register?
Choose an available date on this page and complete the registration form, or send a programme enquiry.
Can I download the course brochure?
Yes. Use the brochure download link provided on this page.
This course by city
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- Oil & Gas Training and Other Technical Courses in Nice
- Oil & Gas Training and Other Technical Courses in Paris
- Oil & Gas Training and Other Technical Courses in Phuket
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- Oil & Gas Training and Other Technical Courses in Prague
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