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Oil & Gas Training
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    Oil and Gas Training Courses 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.

    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

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