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Field Development Planning

HOT Engineering
Course summary
5 days
3,290 - 3,350 EUR excl. VAT
English
Kuala Lumpur, Stavanger
Professional Training

Field Development Planning

Field Development Planning

This course examines the technical, fiscal and commercial elements which need to be considered and integrated at the various project development stages of an oil or gas field. The opportunities and pitfalls of field development planning, the related activities and the sometimes conflicting priorities are explained. Against this background, the various decision gates throughout the field life cycle, from gaining access to opportunity through exploration, appraisal, development, early and late production to decommissioning are highlighted.

A comprehensive hands-on case study provides participants with practical exposure to the issues discussed, in particular the integration of reservoir, wells and engineering.

Suitability - Who should attend?

  • A subsurface, surface or commercial professional involved in planning or executing upstream projects
  • Interested in getting a better understanding how decisions are being made, how conflicting priorities need to be balanced and how different types of uncertainties need to be incorporated into forward planning

Outcome / Qualification etc.

By the end of the course you will feel confident in your understanding of:

  • Stages of the field life cycle: value creation and value realisation
  • Technology, concepts, methods and terminology used in planning and execution of upstream projects
  • The field development planning process and techniques
  • The role and elements of risk and uncertainty
  • Decision making processes and main decision gates
  • Why projects fail

Training Course Content

The course is based on presentations, discussions and selected short video clips. Comprehensive hands on case study work provides practical exposure and a deeper understanding of the FDP process.

TOPICS:

  • The field life cycle
  • Opportunity screening and access
  • Fiscal systems
  • Exploration
  • Appraisal
  • Volumetric estimations and PRMS overview
  • Field development planning
  • Risks and uncertainty
  • HSE considerations
  • Petroleum economics
  • Managing the producing field
  • Managing decline
  • Decommissioning
  • Current industry challenges

Expenses

The course fee includes tuition, course material, refreshments and lunch per session day and a 100 EURO non-refundable registration fee. Course fees do NOT include accommodation or living costs. Applicable taxes will be added.

The course is held at a top quality hotel with excellent meeting facilities.

Provider: HOT Engineering

The HOT Energy Group - A Multidisciplinary Consultancy with Global Activities

The HOT Energy Group (HOT) is a technology driven, multidisciplinary and independent organisation serving the oil & gas industry in its pursuit of recovery and field operations optimisation. With more than three decades of specialist experience in the subsurface domain,...


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Contact information for HOT Engineering

HOT Engineering

Parkstrasse 6
A-8700 Leoben

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www.hoteng.com


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