Event Details
The Oil and Gas Industry
- Overview of the oil and gas industry
- Onshore
- Offshore
- Unconventional
Project Lifecycle
- What is the lifecycle
- Project stages
- Exploration
- Appraisal
- Development
- Production
- Abandonment
Cost Estimating
- Estimating methodology overview
- Cost fluctuations and forecasting
- Types of estimating
- Cost estimate levels
- Cost accuracy
Cost Estimate Components
- Exploration and appraisal
- Drillex
- Capex – Facilities
- Opex – Production
- Abex
- Project & Owner's costs
- Contingency
- Operator's Reserve
Field Development Planning
- Field development plan
- Lifecycle costing
- Scheduling
- Investment profiles
Petroleum Contracts
- Petroleum Economics
- Exploration Economics
- Development Economics
TRAINING METHODOLOGY
The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.
This course is available in the following locations:
Nigeria - $3000
Ghana - $6500
Rwanda - $7500
UK - $8500
USA - $8500