Investment decisions in oil and gas rest on a model, and a flawed model can approve a project that destroys value or reject one that would have paid. Long lead times, volatile prices, complex fiscal regimes and heavy capital outlays leave little room for spreadsheet errors. Ten days of intensive practice teach finance and commercial professionals to construct models that decision makers, lenders and government partners can trust.
Participants build a full project model from a blank workbook: production profiles and decline curves, price decks, capital and operating costs, depreciation, royalty and tax regimes, production sharing contracts, joint venture cost recovery, working capital, debt sizing and cash flow waterfalls. They then calculate NPV, IRR, payback and break-even prices, and test uncertainty with sensitivities, scenarios, tornado charts and Monte Carlo simulation. Later sessions cover midstream pipelines and LNG, farm-in and acquisition valuation, model review standards and audit. The course will serve petroleum economists, finance and planning analysts, business development staff, bankers, regulators and ministry officials. Delivery is in the classroom, online or in-house, and completion brings a CPD-accredited certificate.
Oil and gas projects commit large sums of capital years before revenue arrives, and the economics depend on reserves, price, costs and fiscal terms that all move. A transparent, well-structured model is the main tool for deciding whether to invest, how to finance the project and what a fair deal looks like for the host government and the operator.
The Financial Modeling for Oil and Gas Projects Training Course takes participants from modelling principles to a complete integrated model. The first week establishes good spreadsheet architecture, then builds the technical and commercial building blocks: production forecasting, pricing, capital and operating expenditure, depreciation and inflation. It introduces the main fiscal systems, including concessionary and production sharing arrangements, and shows how to model their cost recovery, profit sharing, royalties and taxes accurately.
The second week adds financing, valuation and risk. Participants structure project finance and reserve-based lending, build debt schedules and cover ratios, value assets and acquisitions, and run uncertainty analysis using scenarios and simulation. Every topic is taught on a laptop, with a case project that grows day by day into a complete deliverable. The course closes with model review techniques and a presentation of results to a mock investment committee.
By the end of the course, participants will be able to:
Participants leave the course with:
This is a laptop-based, build-as-you-learn programme. Participants work through:
Day 1: Modeling Principles and Spreadsheet Architecture
Day 2: Production, Pricing and Reserves
Day 3: Capital and Operating Costs
Day 4: Fiscal Regimes I: Concessions and Royalty-Tax Systems
Day 5: Fiscal Regimes II: Production Sharing and Joint Ventures
Day 6: Project Cash Flows and Investment Criteria
Day 7: Project Financing and Debt Modeling
Day 8: Valuation, Acquisitions and Midstream Assets
Day 9: Risk, Uncertainty and Simulation
Day 10: Model Review, Audit and Presentation
The course is aimed at professionals who build, review or rely on petroleum project models, including:
Participants who attend the ten days and complete the model-building exercises receive a CPD-accredited Certificate of Completion from Vision Reach Global Consultancy.
Each participant also keeps the working model and templates produced during the programme.
Upcoming cohorts
CPD-Accredited
Official invoice & confirmation letter provided
Team discount for 3+ seats
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Everything you need to know about this course before you register.
By the end of the Financial Modeling for Oil and Gas Projects programme, you'll be able to design a clear, auditable model structure with separate inputs, calculations and outputs, construct production, price and cost forecasts for oil and gas fields, model concessionary, royalty-tax and production sharing fiscal regimes, and calculate project and equity cash flows, npv, irr, payback and break-even prices. The full breakdown of topics is covered session by session in the Course Outline tab above.
The course is aimed at professionals who build, review or rely on petroleum project models, including: Petroleum economists and commercial analysts, Finance, planning and budgeting staff in oil and gas companies, Business development and new ventures managers, Project finance bankers and credit analysts, National oil company and ministry of energy officials, Petroleum regulators and revenue authority staff, Investment analysts and consultants advising on energy transactions, and Reservoir and project engineers moving into economics roles.
Financial Modeling for Oil and Gas Projects Training Course typically runs as 10 Days. It's available as in-person classroom, live virtual, and in-house corporate training — every course can also be delivered on-site for your team on dates that suit you.
Financial Modeling for Oil and Gas Projects Training Course is scheduled in-classroom in Nairobi, Kenya, Mombasa, Kenya, Naivasha, Kenya, and Kisumu, Kenya, and 14 other locations, plus a live interactive virtual classroom you can join from anywhere. Check the schedule panel above for exact upcoming dates and fees in each location.
The next live virtual cohort of Financial Modeling for Oil and Gas Projects starts October 12, 2026, with new classroom cohorts also running on a rolling basis. Pick a date and location in the schedule panel above, then click "Register for the Course" — it takes a few minutes and your seat is confirmed once payment or a signed purchase order is received.
Yes — delegates who meet the attendance requirement receive a Certificate of Completion for Financial Modeling for Oil and Gas Projects Training Course from Vision Reach Global Consultancy, issued in the name you register with, so double-check the spelling at checkout.
Financial Modeling for Oil and Gas Projects Training Course is pitched at intermediate professionals. If you're unsure whether it's the right fit for your current role or background, message our training advisors before you register and they'll help you confirm.
Fees for Financial Modeling for Oil and Gas Projects Training Course vary by delivery location and format and are shown in real time in the schedule panel above once you pick a date. Register 3 or more delegates on the same course together and a 5% team discount is applied automatically — larger cohorts can request a custom corporate quote.
Yes — Financial Modeling for Oil and Gas Projects Training Course can be delivered on-site at your offices (or virtually for distributed teams), with case studies and examples tailored to your industry and the specific challenges your team is working through. Switch to the "In-House" tab in the schedule panel above to request a proposal.
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