Oil & Gas Economic Valuation Training
A practical, decision-focused programme that takes teams from the fundamentals of valuation to advanced, case-based risk and uncertainty analysis — built on decades of real-world energy experience. Delivered in-house, virtually, or as open sessions.
Four courses, one coherent framework
Each course stands alone or builds toward the complete programme. All courses run a minimum of two days and can be tailored to your assets and fiscal regime.
Foundations of Petroleum Economics
The building blocks of every valuation — so participants can read an economic model with confidence and know which number answers which question.
- Time value of money & discounting; real vs nominal (money-of-the-day)
- The six core indicators: NPV, IRR, payback, P/I ratio, breakeven, unit technical cost
- Revenue building blocks: production × price
- Cost building blocks: CAPEX, OPEX and the abandonment promise
- A first look at fiscal terms: how royalties and taxes shape the take
Petroleum Fiscal Systems & Government Take
How fiscal terms shape investment and national take — from the mechanics of each regime to a single number that compares any system in the world.
- Fiscal regimes overview: the rulebook behind every deal
- Tax & royalty / concession systems (US, UK, Norway, Australia and more)
- Production sharing contracts: cost oil, profit oil and the split levers
- Government take & international fiscal comparison
Advanced Risk & Uncertainty
Our flagship advanced course — case-based and hands-on. Move beyond single-point estimates to quantify uncertainty and make defensible decisions under risk.
- Risk vs uncertainty; probabilistic analysis & Monte Carlo (P10/P50/P90, correlations)
- Decision trees & expected monetary value; real options & optionality
- Non-technical risks — why most value is lost above the wellhead
- Eliciting risk from experts: Italian Flag, three-point estimates, Cooke & Delphi — without anchoring
Complete Economic Valuation Programme
The complete series in one programme: fundamentals, fiscal systems and risk & uncertainty, brought together with the end-to-end workflow and upstream M&A.
- Everything in the three courses above, integrated end to end
- The evaluator's workflow: putting it all together on a live case
- M&A & valuation: asset vs share deals, farm-ins, swaps; $/bbl, $/boe, EV/EBITDA
- Reading the bid-ask gap and where synergies close it
Flexible delivery
In-person on your site, live virtual, or scheduled open sessions.
Tailored & case-based
Every course adapts to your assets and fiscal regime, with hands-on cases.
Practitioner-led
Taught by advisors with leadership experience across the energy majors.
Enquire about a course
Tell us what your team needs using the form below and we'll follow up with dates, formats and a tailored proposal.
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