A reserves number only becomes an asset value once it has been converted into cash flow under a specific fiscal regime, price deck and cost profile. Weak valuations lead to overpaid acquisitions, rejected reserve-based lending applications and impairments that surprise the board. Five days give finance and technical staff a common method for turning volumes into defensible values.
You work with the SPE-PRMS resource classification, production profiles and decline curves, then build discounted cash flow models with royalties, production sharing terms, taxes and capital spending. Sessions cover NPV, IRR, break-even prices, unit technical cost, risked valuation of contingent and prospective resources, and the market approach using comparable transactions. Sensitivity and scenario analysis shows which assumptions drive value, and a final session covers valuation reports for farm-in, farm-out, impairment and borrowing-base purposes. Petroleum economists, financial analysts, reservoir and asset engineers, commercial managers, auditors and regulators will gain most. Delivery is classroom, online or in-house. Afterwards you can build a working valuation model, explain its assumptions line by line and defend the result to a transaction counterparty.
Upcoming sessions in Johannesburg
Oil and gas companies are valued on what is under the ground, but investors and lenders pay only for what can be produced and sold at an acceptable return. As price volatility, rising decommissioning obligations and the energy transition reshape the sector, a careless reserves valuation can misstate a balance sheet or sink a transaction. Teams in national oil companies, independents, banks and regulators therefore need a shared and transparent approach to valuation.
Participants in the Financial Valuation of Oil and Gas Reserves Training Course begin with resource classification and how volumes are estimated, then move through production forecasting, fiscal regimes, capital and operating cost modelling and discounted cash flow. Later sessions address risking of exploration and development assets, sensitivity testing, comparable-transaction methods and the way valuations feed into impairment tests, borrowing bases and negotiations over acquisitions and divestments.
Learning is built on a spreadsheet model that grows each day. Participants work from realistic field data, challenge each other's assumptions in peer review and finish with a short valuation memorandum suitable for an investment committee.
By the end of the course, participants will be able to:
Participants leave the course with:
Sessions follow the sequence of a real valuation assignment and keep theory short. Delivery includes:
Day 1: Reserves, Resources and Value Drivers
Day 2: Production Forecasting and Cost Modelling
Day 3: Fiscal Terms and Discounted Cash Flow
Day 4: Risk, Uncertainty and Market Approaches
Day 5: Applying Valuations to Decisions
The course suits professionals who value, finance or approve oil and gas assets, including:
Delegates who attend the sessions and complete the modelling exercises are awarded a CPD-accredited Certificate of Completion by Vision Reach Global Consultancy.
Everything you need to know about this course before you register.
By the end of the Financial Valuation of Oil and Gas Reserves programme, you'll be able to classify reserves and resources using the spe-prms framework and explain what each category means for value, construct production profiles and decline forecasts that support a cash flow model, model royalty, tax and production sharing terms within a project cash flow, and calculate npv, irr, payback and break-even price and interpret them for decision makers. The full breakdown of topics is covered session by session in the Course Outline tab above.
The course suits professionals who value, finance or approve oil and gas assets, including: Petroleum economists and commercial analysts, Corporate finance and investment analysts in energy companies, Reservoir, petroleum and asset engineers who support business cases, Bankers and credit officers handling reserve-based lending, Mergers, acquisitions and business development managers, External and internal auditors reviewing reserves and impairments, Regulatory and ministry officials reviewing field development economics, and Joint venture and partner relations managers.
Financial Valuation of Oil and Gas Reserves Training Course typically runs as 5 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 Valuation of Oil and Gas Reserves 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 Valuation of Oil and Gas Reserves starts November 2, 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 Valuation of Oil and Gas Reserves Training Course from Vision Reach Global Consultancy, issued in the name you register with, so double-check the spelling at checkout.
Financial Valuation of Oil and Gas Reserves 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 Valuation of Oil and Gas Reserves 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 Valuation of Oil and Gas Reserves 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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