Investment economics

The economics of petroleum investment decisions

Decisions to invest in petroleum exploration and development must be informed by careful analysis based on recognized methodology adapted to the particular conditions of the petroleum sector.  

We have developed an e-learning suite on this subject, total duration about 10 hours. It covers general methodology for investment valuation, exploration economics and petroleum development economics. A few slides from this course can be tried out on this link:   Sample from e-lecture  

We can deliver in-person courses on the economics of petroleum investment decisions covering a similar array of topics as the e-learning suite, or adapted to the client's requirements.  Petroleum fiscal systems, economic modelling and other related topics may be included. 

A course on petroleum economics and financial modelling 

On behalf of the Acacia Seed Group of Singapore, Dr Erik Jarlsby of Eureka Energy Partners delivered a one week course on petroleum economics and financial modelling at the National Gas Company in Trinidad.  The course combined investment economics with several other economic subjects as indicated by the program shown below. Participants brought laptop computers that were used for team practices on the subjects taught.

The picture on top of this page shows the "Gullfaks C" platform being towed out towards its offshore location from its assembly site in Norway, May 1989. It was at the time the biggest object ever moved by humans. The oil price at the time was $19 per barrel. The platform is still producing oil as of 2025, many years beyond its originally planned life span.