Certified Oil & Gas Asset Valuation and Fiscal Modeling Professional (COG-VFM)® - International Board of Oil & Gas Professionals

• Fiscal regimes are evolving to strike a balance between investor returns and host government revenue. • Asset valuation under uncertainty, ESG pressures, and capital allocation is increasingly strategic. • Governments and private equity are demanding transparent, data-driven valuation methodologies.

• Build and interpret oil & gas economic models using real-world case inputs • Evaluate project feasibility using DCF, NPV, IRR, and payback analysis • Apply decline curve and volumetric forecasting methods to production profiles • Simulate Production Sharing Contracts (PSCs), tax-royalty systems, and hybrid fiscal regimes • Model fiscal impacts across jurisdictions (e.g., deepwater, frontier basins, unconventional) • Translate asset valuations into investment decisions, farm-outs, or divestitures

• Understand the full valuation lifecycle from resource appraisal to final investment decision (FID) • Apply deterministic and probabilistic approaches to reserve valuation • Analyze economic indicators for marginal, offshore, and unconventional assets • Structure economic spreadsheets for multi-scenario analysis • Use fiscal models to compare host government take and investor returns under different regimes • Apply sensitivity, risk, and breakeven price analysis • Incorporate ESG and carbon pricing into asset-level financial models

• Economic Evaluation Principles in E&P • Cash Flow Modeling and Decision Metrics (NPV, IRR, ROI, Payback) • Production Forecasting & Decline Curve Analysis • Petroleum Fiscal Regimes and PSC Structures • Asset Valuation under Uncertainty and Political Risk • Scenario and Sensitivity Analysis in Fiscal Terms • Modeling for Cross-border, Deepwater, and Shale Projects • Carbon Pricing, ESG Considerations, and Green Asset Metrics

• Industry-recognized expertise in fiscal modeling and asset valuation • Gain hands-on modeling experience through case-based exercises • Enhance your ability to advise on bidding rounds, farm-ins, and JV structuring • Immediate applicability in upstream investment, divestment, and capital planning • Strengthens your professional credibility with operators, governments, and investors • Access to proprietary fiscal templates and modeling tools • Membership in the IBOGP® Petroleum Economics Network

• 1. Online instructor-led masterclasses and case simulations • 2. Fiscal regime templates and modeling spreadsheets • 3. Sample models for PSC, royalty/tax, and hybrid contracts • 4. Practice assignments in decline analysis and economic sensitivity • 5. Fiscal benchmark datasets for global basins

• Format: 100 multiple-choice and case scenario questions • Duration: 90 minutes(remote proctored) • Passing Score: 70% • Language: English • Validity: 3 years (renewable via CPD or re-exam)