×
Oil & Gas Training
and Competency Development
Competency Management system SLB NEXT

Petroleum Economics Online

This 8-hour eLearning course presents the concepts of petroleum economics and risk analysis. Topics covered include cash-flow basics, revenue, expenditure, fiscal systems, risk analysis and investment analysis 

Engineering technician, production and drilling personnel, new hires and supervisors with no prior economics experience.

Learning activity mix

Module 1 discusses cash flow basics, including revenue and expenditures.  Before tax and after tax cash flow are then calculated. 

Module 2 presents revenue, including production volume, scheduling and decline.  Product prices, net profitability and economic limits are presented. 

Module 3 discusses expenditures, including capital and operating expenses.  The usual taxes that must be paid by oil and gas producers are described.

Module 4 presents an overview of fiscal systems, including the different types of contracts. 

Module 5 discusses incorporating risk and uncertainty into economic evaluations. 

Module 6 presents investment analysis, including the time value of money, economic indicators and opportunity costs. 

Module 7 is the economics challenge, including the simulated board meeting and project selection. 

There are no prerequisites for this module

$1,000

Set a training goal, and easily track your progress

Customize your own learning journey and track your progress when you start using a defined learning path.

Icon
In just few simple steps, you can customize your own learning journey in the discipline of your interest based on your immediate, intermediate and transitional goals. Once done, you can save it in NExTpert, the digital learning ecosystem, and track your progress.
© 2020 Schlumberger Limited. All rights reserved.