Upstream Oil Project Finance Models

I have included a few models of upstream oil projects on this page.  These projects sometimes involve complex production sharing agreements and/or loan terms that involve production payment covenants, or cash sweeps derived from reserve estimates. In addition to the financial models, I have created some power point slides that describe how to create a model of a reserve based loan that includes excerpts of a term sheet.

Power Point Slides that Explain Modelling and Debt Terms of Reserve Based Lending for Oil Projects


Upstream Oil Files on the Resource Library

I am in the Process of Adding Models with Explanation on this Page.  If you send me an e-mail and ask me for actual models.  My e-mail address is


Examples of U.S. based Models


Crimson Case_Complete.xls


Examples of Reserve Based Lending