In this course, practical knowledge and experience are the preferred guidelines and the content deviates from the academic approach commonly proposed by training companies for the majority of geosciences related courses. Theoretical knowledge is a necessary base, however, each individual in the oil industry needs to understand and to learn how to convert an opportunity to a business case.
The course is designed for
- Geoscientists and managers that are involved in oil & gas exploration matters or who are dealing with reservoir quality and content predictions;
- It is also suitable for oil industry engineers and economists working in multidisciplinary teams and having a good awareness of geological terminology and routine working methods;
- This course does not replace any university lectures and participants are expected to have some experience in oil industry.
After having followed this course, participants will be familiar with the entire oil project exploration evaluation chain, uncertainties and risk management, basic portfolio management practices and project ranking options.
Prospect evaluation objectives and standards
New ventures particularities
Volumetric estimates, their parameters and results understanding
Coping with uncertainty
Probability, distributions, correlations
Multiple objectives, dependencies
Prospect value estimates
Project / prospect databases
Project / prospect maturation and tracking
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Esanda Engineering Ltd
Esanda is an independent upstream oil and gas consultancy specialising in industry specific training and field development planning services. Our operations are supported by our UK and Australia offices.
Esanda is a specialist training provider serving the global upstream oil and gas industry. Our training providers are practicing industry specialists who develop our in house courses and work with clients to build bespoke training for their staff.
We pride ourselves on being able to bring hundreds of man years of experience to the training sector and the positive feedback we receive from our satisfied clients.
Our courses evolved over 15 years ago with a focus on Field Development Planning, which included a strong emphasis on costing and economic analysis as well as concept selection for our clients. The range of clients includes those involved in Onshore, Offshore, Subsea, GTL, LNG and unconventional developments. This work and client training has allowed us to build strong expertise in these areas with practical and up to date knowledge of the subject areas.
Terms and Conditions: http://www.esandaengineering.com/terms-and-conditions.html