Oil & Gas Operations

Petroleum Economics: Foundations

This Petroleum Economics training course (Foundations) is an entry-level programme that builds a solid working understanding for newcomers and cross-functional staff. It combines international standards with practical cases from the Gulf, Africa and Europe.

Code: OG110Level: FoundationsField: Oil & Gas OperationsFormats: 5 or 10 days · classroom, online, in-house

Objectives

  • Explain the core principles, terminology and governing standards of Petroleum Economics
  • Apply proven methods and tools for Petroleum Economics to real workplace situations
  • Analyse performance data to find risks, gaps and improvement opportunities
  • Compare your practice with international benchmarks and regional case studies
  • Build a practical action plan to apply Petroleum Economics in your organisation

Who should attend

Process, production and reservoir engineers, operations supervisors and senior operators.

Course outline — 5 days

  1. Day 1
    Principles, terminology and governing standardsPetroleum Economics
  2. Day 2
    Methods, tools and calculationsPetroleum Economics
  3. Day 3
    Operation, inspection and performancePetroleum Economics
  4. Day 4
    Risk, troubleshooting and case studiesPetroleum Economics
  5. Day 5
    Best practice, assessment and action planPetroleum Economics
10-day outline
  1. Day 1
    Principles, terminology and governing standardsPetroleum Economics
  2. Day 2
    Methods, tools and calculationsPetroleum Economics
  3. Day 3
    Operation, inspection and performancePetroleum Economics
  4. Day 4
    Risk, troubleshooting and case studiesPetroleum Economics
  5. Day 5
    Best practice review and mid-course assessmentPetroleum Economics
  6. Day 6
    Advanced analysis techniquesPetroleum Economics
  7. Day 7
    Digital tools, data and softwarePetroleum Economics
  8. Day 8
    Practical labs and simulationsPetroleum Economics
  9. Day 9
    Regional benchmarks and lessons learnedPetroleum Economics
  10. Day 10
    Capstone project and final assessmentPetroleum Economics

Upcoming sessions 2027–2030

CityDatesDuration
Geneva18 Dec 2028 – 22 Dec 20285 days
Nairobi17 Sep 2029 – 21 Sep 20295 days
Muscat23 Sep 2029 – 27 Sep 20295 days
Barcelona13 May 2030 – 24 May 203010 days

No public session is listed yet. We can run this course in any city on your dates, online, or at your company.

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