Petroleum Economic Analyst

  • Contract
  • Full Time
  • Spain

Altea Energy

Position : Petroleum Economic Analyst

Location : Madrid

Start date : June 2021

Duration : 6 months


  • Economic valuation work execution across the organization (asset valuation in all E&P cycle, corporate valuation) through economic modelling of fiscal terms as per country and legislation in place and integrating all the technical cases (production profiles, capex, opex, etc)
  • Support the business planning and performance team with the necessary economic analysis of existing Production, Development and Growth opportunities.
  • Organize and collaborate with other key technical disciplines to assist with the identification of value improvement opportunities and highlight the associated technical merits and risks.
  • Provide leadership and insight into the key drivers / risks and constraints underpinning the economic analysis, and communicates these effectively to management.


  • Bachelor degree in technical/engineering discipline.
  • Master in Petroleum Economics.
  • Fluent in English.
  • At least 8 years of experience in the oil and gas industry preferably with an E&P operator.
  • Knowledge of E&P technical disciplines. Understands E&P economic analysis modelling including legal and contractual framework and economic model design (PSCs, Concessions, and Risk Service contracts). Understanding of the E&P key economic indicators, sensitivity analysis and results interpretation.

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