Pideya Learning Academy

Petroleum Project Economics and Financial Modelling

Upcoming Schedules

  • Live Online Training
  • Classroom Training

Date Venue Duration Fee (USD)
24 Feb - 28 Feb 2025 Live Online 5 Day 2750
10 Mar - 14 Mar 2025 Live Online 5 Day 2750
21 Apr - 25 Apr 2025 Live Online 5 Day 2750
09 Jun - 13 Jun 2025 Live Online 5 Day 2750
11 Aug - 15 Aug 2025 Live Online 5 Day 2750
15 Sep - 19 Sep 2025 Live Online 5 Day 2750
13 Oct - 17 Oct 2025 Live Online 5 Day 2750
24 Nov - 28 Nov 2025 Live Online 5 Day 2750

Course Overview

The Petroleum Project Economics and Financial Modelling training program, offered by Pideya Learning Academy, is a comprehensive five-day course designed to equip professionals in the oil and gas industry with advanced skills in financial modeling and economic analysis. The course aims to bridge the gap between basic Excel knowledge and advanced financial modeling techniques, ensuring that participants can make data-driven decisions that enhance the operational efficiency and profitability of petroleum projects. Whether you are in upstream or downstream operations, this training will empower you to tackle the financial and economic challenges unique to the industry with confidence.
In today’s competitive oil and gas market, the ability to make well-informed financial decisions is critical. According to a recent study by Burning Glass Technologies, proficiency in Excel increases employability by 82%, and advanced Excel skills can lead to a 20% boost in earnings potential. This trend is particularly relevant in the petroleum sector, where accurate financial modeling and effective risk management strategies are crucial for navigating fluctuating commodity prices, managing capital expenditure, and optimizing investment portfolios. This course focuses on imparting those vital skills to participants, making them more valuable to their organizations and advancing their careers in the process.
The Petroleum Project Economics and Financial Modelling course is crafted to help professionals develop high-level Excel modeling skills tailored to the oil and gas industry. It provides participants with an in-depth understanding of investment appraisals, hedging strategies, and decision-making techniques that are essential for managing petroleum projects. By using industry-specific case studies and examples, Pideya Learning Academy ensures that participants are well-equipped to handle the challenges faced by oil and gas companies, such as market price volatility, fluctuating demand, and changing regulatory environments.
Throughout the program, participants will progressively build their capabilities, starting from the fundamentals of financial modeling and moving toward more complex concepts such as the use of decision trees, abandonment options, and dynamic risk modeling. By learning how to create detailed financial models that account for variables like capital expenditures, operational costs, and price assumptions, participants will gain the knowledge needed to make sound economic decisions that drive project success.
Key highlights of the Petroleum Project Economics and Financial Modelling training includes:
Mastering advanced Excel techniques for financial modeling in the oil and gas industry.
Developing sophisticated models for hedging against price fluctuations, a critical concern for petroleum project economics.
Gaining expertise in investment appraisal methodologies such as decision trees and abandonment options, which are essential for managing risk in long-term oil and gas projects.
Strengthening skills in analyzing large, complex datasets and presenting insights through dynamic financial reports.
Learning industry-specific strategies for managing capital expenditures and optimizing investment portfolios in the petroleum sector.
Enhancing decision-making capabilities through quantitative analysis, ensuring that participants can evaluate different project scenarios under uncertainty.
By the end of this training, participants will have gained the expertise needed to effectively integrate financial and economic modeling into their decision-making processes, thereby improving the efficiency of their projects. This will not only help streamline operations but also support better long-term strategic planning, ultimately leading to more successful project outcomes.
With a focus on real-world application, Pideya Learning Academy ensures that the Petroleum Project Economics and Financial Modelling training prepares professionals for the dynamic challenges of the petroleum industry. The course provides participants with a valuable skill set that is highly sought after in today’s job market, ensuring their ability to make informed, data-backed decisions that contribute to the profitability and sustainability of petroleum projects.

Key Takeaways:

  • Mastering advanced Excel techniques for financial modeling in the oil and gas industry.
  • Developing sophisticated models for hedging against price fluctuations, a critical concern for petroleum project economics.
  • Gaining expertise in investment appraisal methodologies such as decision trees and abandonment options, which are essential for managing risk in long-term oil and gas projects.
  • Strengthening skills in analyzing large, complex datasets and presenting insights through dynamic financial reports.
  • Learning industry-specific strategies for managing capital expenditures and optimizing investment portfolios in the petroleum sector.
  • Enhancing decision-making capabilities through quantitative analysis, ensuring that participants can evaluate different project scenarios under uncertainty.
  • Mastering advanced Excel techniques for financial modeling in the oil and gas industry.
  • Developing sophisticated models for hedging against price fluctuations, a critical concern for petroleum project economics.
  • Gaining expertise in investment appraisal methodologies such as decision trees and abandonment options, which are essential for managing risk in long-term oil and gas projects.
  • Strengthening skills in analyzing large, complex datasets and presenting insights through dynamic financial reports.
  • Learning industry-specific strategies for managing capital expenditures and optimizing investment portfolios in the petroleum sector.
  • Enhancing decision-making capabilities through quantitative analysis, ensuring that participants can evaluate different project scenarios under uncertainty.

Course Objectives

After completing this Pideya Learning Academy training, participants will:
Enhance the quality of quantitative analysis in corporate presentations.
Develop and apply financial models for hedging price fluctuations in the oil and gas sector.
Master investment appraisal techniques, including decision trees and abandonment options.
Strengthen their ability to analyze complex data sets and create dynamic financial reports.
Utilize advanced Excel functions to streamline financial processes and improve accuracy.

Personal Benefits

Participants will gain:
Advanced Excel skills to manage complex financial data effectively.
Enhanced career prospects through mastery of high-demand analytical skills.
The ability to create impactful, data-driven presentations for stakeholders.
Improved confidence in making strategic financial decisions.
Knowledge and tools to address industry-specific challenges in oil and gas operations.

Organisational Benefits

Organizations enrolling their teams in this training program can expect to:
Improve the quality of financial reporting and decision-making processes.
Enhance the accuracy and reliability of financial models used for strategic planning.
Equip employees with tools to navigate price fluctuations and manage risks effectively.
Strengthen competitive positioning by leveraging advanced data analysis capabilities.
Achieve cost efficiencies through better financial management and process optimization.

Who Should Attend

This training program is ideal for professionals seeking to advance their analytical and financial modeling skills. Specific roles include:
Corporate Accountants, Financial Controllers, and Treasury Officers.
Management Accountants and Finance Staff involved in General Accounting, Payables, Receivables, Inventory, and Fixed Assets.
Joint Venture Accountants and Auditors.
External, Financial, and Internal Auditors.
Government Regulators and Auditors.
Financial and Investment Analysts.
By enrolling in this course, participants will unlock the full potential of Excel, equipping themselves with critical skills to thrive in the dynamic oil and gas industry.

Course Outline

Module 1: Overview of Excel in the Petroleum Industry
Introduction to the Excel environment with petroleum-based applications Navigation of Excel features and tools specific to petroleum data analysis Customizing the Excel workspace for oil and gas data management
Module 2: Petroleum Industry Fundamentals
Historical overview of the petroleum industry Key players and sectors in the upstream, midstream, and downstream operations Economic impact and market dynamics of the oil and gas sector
Module 3: Excel Basics for Petroleum Data
Fundamentals of cell referencing and formula application Data formatting techniques for oil and gas datasets Basics of conditional formatting for petroleum data insights
Module 4: Advanced Visualization Techniques in Excel
Advanced charting and graphing tailored to petroleum industry data Custom dashboards for oil and gas operational reporting Dynamic visualizations for trend analysis
Module 5: Data Management and Transformation
Data cleaning techniques for petroleum datasets Consolidation and aggregation of oil and gas production data Application of PivotTables and PivotCharts in analysis
Module 6: Financial Analysis Essentials for Oil and Gas
Introduction to financial statements specific to the petroleum industry Overview of key financial metrics in upstream and downstream sectors Ratio analysis tailored to oil and gas operations
Module 7: Advanced Financial Analysis Techniques
Trend analysis of financial data using Excel tools Financial forecasting models for projecting future scenarios Scenario and sensitivity analysis for petroleum investments
Module 8: Statistical Analysis in Petroleum Industry
Descriptive statistics applied to oil and gas data Regression analysis for equity return predictions Scatter plot analysis for cost of equity estimation
Module 9: Capital Structure and Financing in Petroleum
Overview of capital structure in upstream and downstream sectors Analysis of debt and equity instruments in the oil and gas industry Calculation of cost of debt and equity for petroleum projects
Module 10: Investment Appraisal Techniques Using Excel
Application of NPV, IRR, and payback methods in investment decisions Advanced Excel functions for evaluating project profitability Stress testing and scenario analysis with Excel's solver tool
Module 11: Decision Modeling for Investment Analysis
Decision tree modeling for oil and gas investments Real options valuation using advanced Excel techniques Abandonment decision modeling for petroleum projects
Module 12: Energy Derivatives and Risk Management
Fundamentals of the energy derivatives market Analysis of petroleum-based futures and options Hedging strategies for price risk in oil and gas operations
Module 13: Advanced Derivative Applications
VBA programming for custom derivative valuation models Modeling upstream and downstream products with Excel Creating automated tools for petroleum derivative pricing
Module 14: Oil Product Spreads and Speculation
Examination of product relationships in energy markets Futures spreads for speculation and hedging strategies Margin risk analysis using Excel for oil product spreads
Module 15: Advanced Statistical Tools for Petroleum Analysis
Use of Excel functions for statistical inferences Multivariate regression analysis in oil and gas finance Probabilistic models for revenue predictions
Module 16: Strategic Data Visualization
Designing interactive petroleum data dashboards Advanced formatting for executive-level presentations Real-time data integration for monitoring oil and gas KPIs

Have Any Question?

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