• Overview of upstream asset management
• HSE issues and energy project investment analysis
• Exploration and appraisal well decisions
• Field development decisions
• Asset optimization

This training course has five key objectives:

• Learning about scope of upstream asset management and integration
• Understanding HSE issues and creating project investment analysis
• Determining decision in exploration and appraisal of well
• Determining decisions in field development
• Explaining asset optimization

Organizational Impact:

The organizational impact will be demonstrated by the employees participating in this training course:

• Understanding upstream asset management to support company objective
• Developing of a skilled workforce to create project investment analysis
• Understanding the issues of HSE to mitigating the risk
• Developing the ability to make decision
• Optimizing assets helps to drive growth and profitability

Personal Impact:

Upon completion of this training course, participants will gain:

• Knowledge of the upstream asset management
• Create project investment analysis
• Be proactive in identification of risk sources
• Improved skills in decision making in upstream operations
• Enhance their knowledge to minimize risks
• Develop their ability to optimize upstream assets

Upstream Oil & Gas Asset Management, training course suitable to a wide range of professionals but will greatly benefit:

• Asset Managers
• Operation Managers
• Engineers
• Planning Managers
• Contract Managers
• Financial Managers
• HSE Managers
• Team Leaders & Supervisors
• All personnel involved with upstream

Participants to this training course will receive a thorough training on the subjects covered by the seminar outline with the Tutor utilising a variety of proven adult learning teaching and facilitation techniques. Seminar methodology includes classroom-style with highly interactive, exercise and case studies the training course will be run using PowerPoint slide and video.

Day One: Overview of Upstream Asset Management

• Overview of the oil, gas and power value chains
• Scope of upstream asset management
• Integration with downstream assets and markets
• Differences between oil and gas markets
• Market opportunities identified for production

Day Two: HSE Issue and Energy Project Investment Analysis

• Considerations of health, safety and the environment on the upstream asset
• Sustainable development issues
• Time value of money
• Present value of net cash flow
• Internal rate of return
• Sensitivity analysis
  
  

Day Three: Exploration and Appraisal Well Decisions

• Preparation of the well plan for the exploration and appraisal wells
• Selection of sampling and evaluation methods
• Preparation of AFE
• Submission of application for drilling permit
• Issuance of RFP for drilling services
• Review of bids and selection of contractors

Day Four: Field Development Decision

• Prepare geological model and estimate resources
• Prepare drilling and well completion plans
• Prepare reservoir model
• Predict reservoir performance under natural depletion
• Enhanced recovery and artificial lift natural drive mechanisms

Day Five: Asset Optimization

• Infrastructure development decision
• Analyze crude oil markets
• Analyze natural gas markets
• Analyze gas liquids markets
• Decisions during the producing life of the field

CDGA attendance certificate will be issued to all attendees completing minimum of 80% of the total course duration.