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Fundamentals of Petroleum Economics

The A to Z of upstream, midstream and downstream in the oil and gas industry - training course by tutored distance learning

Starts 9 April 2018

Delivered by tutored distance learning

Fundamentals of Petroleum Economics

Petroleum economics is one of the most influential players in the world economy, so having a comprehensive understanding of this vital area is key for anyone working within the oil and gas or energy industries.
The Fundamentals of Petroleum Economics is the ideal course for both individuals and corporate groups to develop this crucial knowledge.

When: 9 April 2018
Where: Delivered online with the support of leading industry experts
Duration: 12 weeks

Ideal for:
The programme is designed for a wide range of professional skill sets, including: economists, analysts, engineers, geoscientists, asset managers, accountants, negotiators, lawyers, financiers and decision-makers

While some previous knowledge of the petroleum industry would be beneficial, it is by no means essential as the material is designed for a multi-disciplined audience, and each topic builds from a basic introduction assuming little or no prior knowledge.

Course Modules | Courses Fees | About Online Learning


6 MODULES AVAILABLE

  • Cash Flow Components and Economic Indicators
  • Upstream Petroleum Economics
  • Midstream and Downstream Petroleum Economics
  • Managing and Mitigating Uncertainty and Risk
  • Sensitivities, Simulations and Decision Analysis
  • Valuing Petroleum Assets, Portfolios and Companies

Download the full course syllabus to find out more about each module and what you will learn on the course


This is an excellent course for anyone that wishes to understand economics in the Petroleum Industry. The course is filled with examples that are easy to understand, references for further reading and the examples are current and relevant in whichever country you work"

                                     Ezra Wanzira, Tullow Uganda Operations Pty Ltd


Course Director

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David A. Wood PhD


Dr. David Wood has more than thirty years of international oil and gas experience spanning technical and commercial exploration and production operations, midstream and downstream projects, contract evaluation and senior corporate management.

His early experience includes Phillips Petroleum, Amoco (Africa, Europe and UK), Lundin Oil (South America, Africa, Middle and Far East) and several smaller international companies.


The knowledge I have gained from this course will help to conduct a better analysis of the oil sector, as well as maximise the economic benefits from Oil"

                                           Wilson Asiimwe, Ministry of Finance


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