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:

• 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.
• Calculate project and equity cash flows, NPV, IRR, payback and break-even prices.
• Build debt sizing, repayment schedules and covenant tests for project and reserve-based finance.
• Value acquisitions, farm-ins and midstream assets.
• Run sensitivity, scenario and Monte Carlo analysis and communicate risk to decision makers.
• Review and audit models using accepted checks and standards.

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
• Reservoir and project engineers moving into economics roles

Participants leave the course with:

• A complete integrated oil and gas project model built during the programme.
• Reusable templates for production profiles, fiscal terms and debt schedules.
• A tested method for evaluating production sharing and royalty-tax regimes.
• A risk analysis pack with tornado charts and probability results.
• A model review checklist for use before decisions are taken.
• Confidence in presenting economics and sensitivities to boards and lenders.

This is a laptop-based, build-as-you-learn programme. Participants work through:

• A single case project that expands each day into a full integrated model
• Live Excel demonstrations followed by guided and independent exercises
• Fiscal regime comparisons using realistic production sharing and royalty-tax terms
• Risk simulation labs using spreadsheet tools
• A mock investment committee presentation with peer challenge

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.