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VIRTUAL TRAINING WORKSHOP
This workshop is based on a week-long “Industrial Applications” module originally taught towards the conclusion of a petroleum geoscience MSc course at a UK university. The target audience is professionals (geoscientists and engineers) in the first ten years of their career who have limited experience in working in a Development Project, either because their prior career history has been in exploration, or because they are new to the industry.
The workshop provides an introduction into the way in which a project is structured and the integrated work elements that move it forward. The structural framework (the Stage-Gate Process) within which the work of the project is undertaken provides the framework for the course, and a context for attendees to understand how their own work contributes to and integrates with the project. Within that framework attendees with gain a practical understanding of the various work elements necessary to the understanding and mitigation of risk and uncertainty and consequent decision-making in a project.
COURSE TOPICS:
Risk, uncertainty and exploration project legacy: What do we Know, What do we Need to Know?
Stage-gate processes: the integration of technical and commercial work leads to good decisions.
The Gates: Inputs and Outputs to each stage will be covered in the various modules.
Data and Data Management: The value of Good Governance.
Volumetrics: What do I have, Where is it?
Petroleum Economics: How much is my project worth? What levers do I have to improve it?
Reserves and Resources: The basis of Corporate Value; the Rules and Regulations.
Project Management: Planning to Deliver Success.
Short exercises will be provided on Appraisal Decisions, Volumetrics, Petroleum Economics and Reserves and Resources.
TAKE AWAYS:
Certificate of completion
Course presentations - pdf
Exercise's solutions
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Online Workshop (4 meetings x 2 hrs)
March 15, 17, 22, 24, 2021
at 10:00 -12:00 am CST
- Register to reserve your spot (payment is not collected at the registration).
- You will receive an e-mail with payment instructions 72 hours prior to the first session on March 15th
- You will have 48 hours to pay to receive the details of the zoom calls and course materials (if any). This payment is final and not refundable. The payment must be completed no later than 24 hours prior to the first class meeting.
- You will receive a secure zoom link with the call instructions within 24 hours prior to the first class meeting.
Cost 400.00 US$
Credit card or PayPal payment