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Selecting Optimal Development Concepts

HOT Engineering
Course summary
3 days
2,750 EUR excl. VAT
City of London
Next available date: 09/10/2019 - City of London
Open / Scheduled

Selecting Optimal Development Concepts

Selecting Optimal Development Concepts

The course builds on the course ‘Introduction to 'Gated' Development Processes’ by describing methods for managing the ‘Select’ phase of a project development to achieve the optimal development concept. Since successful closure of the ‘Feasibility’ phase is critical to the ‘Select’ phase, the course also covers how to establish project feasibility.
The course covers workshop facilitation as project workshops are an important part of developing and selecting concepts. The course is based strongly on integration between subsurface and surface development decisions since optimal concepts cannot be chosen in isolation.


Concept Selection is explained as a sequence of decisions and the course describes how the work required in the ‘Select’ phase can be planned and optimised based on taking these decisions.

How we build your confidence

The course draws on best practices learnt and developed in major IOCs and NOCs. It reinforces the theory with practical application and real industry examples. Participants will be able to follow a case study through the techniques taught in the course.
The course is highly interactive and participants are encouraged to share their own experiences and problems to the benefit of all.

Suitability - Who should attend?

  • A member of a project team at either graduate or a more experienced technical professional level looking to understand how project decision-making is achieved in a structured development process
  • A senior member of your company responsible for project governance who is looking to effect a progressive change in the decision-making processes used for major oil & gas developments
  • A subsurface development manager or project execution manager who is responsible for a major oil & gas project for a number of the development phase

Outcome / Qualification etc.

By the end of the course you will understand and be able to apply a structured, decision-based technique for identifying and selecting optimal development concepts for an oil & gas project. You will understand the critical importance of creating concepts that account for uncertainties in subsurface information and be able to demonstrate qualitatively which concepts offer better project outcomes when accounting for risks.
You will understand why it is important to demonstrate project feasibility before entering a project selection phase and how carrying forward only feasible concepts optimises the ‘Select’ phase and reduces project recycle.
You will have gained these skills from seasoned professionals who have been involved directly with major projects and applying these techniques in international oil & gas companies and national oil companies.

Training Course Content

Project Framing and Concept Identification

  • Background
    - Introduction to the training
    - Workshop facilitation techniques
    - Recap of framing
  • Concept identification
    - Overview
    - Uncertainties and outcomes
    - Building alternative external worlds - ‘realisations’
    - Decisions and options
    - Case study introduction


Developing Concept Options and Establishing Project Feasibility

  • Concept options
    - Building alternative development concepts
    - Assessing scenarios
    - Assessment / selection criteria
    - The concept identification workshop
  • Feasibility
    - Establishing feasibility


The Concept Select Phase

  • Concept selection phase
    - Select planning / managing work by decisions
    - Select planning workshop
    - Quality of decisions
    - Concept select workshops

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

HOTEngineering - Oil & Gas Courses, Reservoir Solutions & Quality Assurance

HOT – World Class Training for Oil & Gas Professionals

HOT is a leading oil and gas training provider and E&P consulting company. We come together as a multidisciplinary team, combining 33 years of training and consulting experience to deliver state of the art public courses, bespoke in-house courses, long-term...


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A-8700 Leoben

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