Participants on this training course will gain
a good understanding of how multi-disciplinary, integrated teams within oil and
gas companies collaborate to identify the best way to develop an oil or gas
field.
The training course highlights the roles of
the wide range of scientific, technical, commercial and business disciplines
that contribute to making complex decisions, involving very large investments,
while dealing with large amounts of uncertainty.
This course is designed to equip early- and
mid-career professionals (geoscience, engineering and commercial) for working
within integrated, multi-disciplinary teams on international development
projects, and for future oil business leadership roles.
Training Objectives
What are the Goals?
By the end of this training course,
participants will:
Have
an understanding of the work of the integrated field development planning team
on international oil and gas projects
Have
practical skills and work tools that will be of direct use to them in
their future project work
Understand
the background to the industry, and the underlying science of oil and gas
formation
Recognise
the importance of effective early planning decisions (concept selection
and ‘front-end loading’) in delivering successful projects
Target Audience
Who is this Training Course for?
The training course is relevant to a wide
range of disciplines, including: development engineering; facilities
engineering; geoscience; reservoir engineering; planning; risk analysis,
portfolio planning, decision support, commercial strategy; etc.
The training course is particularly suitable
for upstream oil and gas professionals, from all disciplines, that want to:
Gain
an understanding of how their role fits into the ‘bigger picture’ of asset
development, and the oil business in general
Prepare
for greater involvement and leadership roles in field development,
strategic management and decision making
Equip
themselves for working within close-knit, value-focused,
multi-disciplinary, fully-integrated asset development teams working on
complex, large-scale projects
Gain
an understanding of the very broad scope of field development engineering,
and the complexity and challenges of facilities engineering on mega
projects
Training Methods
How will this Training Course be Presented?
This course is both practical and theoretical, and
is delivered by means of:
Interactive
presentations and tutorials
Team
and individual workshop exercises
Onscreen
worked examples
Videos
and posters
Debates
and discussions
Guided
self‐study and research
Quizzes
Case
studies
While performing the workshop exercises,
participants will gain experience in the use of modern online (cloud) team
collaboration information tools and strategies that are becoming key to
professional development in this era of fast-evolving technology, fast-track
projects, online collaboration, joint decision making, and ‘information overload’.
Daily Agenda
Day One: Field Development Planning – The
Industry and the Team
The
industry context to field development planning. The upstream oil and gas industry from various
key ‘perspectives’, such as the oil and gas asset lifecycle, the value
chain, the industry players, and the place in society.
The
role of the integrated professional team in development
planning. Overview
of the fundamental geoscience and engineering disciplines, which form the
basis upon which decisions are made, including geophysics, petrophysics,
reservoir engineering, well engineering and facilities engineering.
Overview
of field development planning workflow. Overview of the science, culture, practice and
challenges of field development planning in the upstream oil and gas sector,
including dealing with incomplete information and uncertainty.
Day Two: Field Development Planning and
Economics
Field
development planning.
How the integrated, team, drawn from all disciplines (commercial,
scientific and engineering) collaborate to identify the best way to
develop a reservoir.
Petroleum
economics. The
role of economics in the planning of oil and gas developments, in order to
maximise value, including the use of cash flow analysis, time value of
money and investment indicators.
Field
development planning workshop. Participants work individually, or in teams, on
realistic field development planning, economics and decision making
exercises.
Day Three: Decision Making in Field
Development Planning
Decision
analysis. How
the integrated field development team make complex decisions, involving
many different types of input parameters, in order to ensure that very
large investments are made rationally and efficiently, using tools such as
expected value, sensitivity analysis, decision trees and Monte Carlo
simulation.
Field
development planning workshop. Participants work individually, or in teams, on
realistic field development planning, economics and decision making
exercises.
Day Four: Production Contracts
and Petroleum Resources Management
Production
contracts & licences.
The legal, fiscal and contractual conditions under which an oil company
acquires the right to produce oil or gas, and the way that the revenue and
wealth is shared with the host country.
Petroleum
resources management.
How quantities of oil and gas in the reservoir (reserves and resources)
are calculated, classified and reported in a consistent manner for
management, regulatory and investment and purposes.
Field
development planning workshop. Participants work individually, or in teams, on
realistic field development planning, economics and decision making
exercises.
Day Five: Safety and Environment within Field
Development Planning
Corporate
responsibility.
How oil and gas projects are executed in a safe and sustainable
manner, with due respect for the environment, and it a way that benefits
the local communities in which activities take place, covering topics such
as: safety, environmental impact and social license to operate.
Field
development planning workshop. Participants work individually, or in teams, on
realistic field development planning, economics and decision making
Certificate
Awarded
Certificate of Completion will be
awarded to Participants.
