Course Overview

What is planning in the oil and gas industry?

Integrated field development planning is the gateway to the development of a standardized plan for the installation of oil or gas deposits. Management of oil and gas projects has its own set of challenges that are linked to engineering, science, and technology.

This Zoe course is designed to employ an integrated approach to planning that encompasses tools, ideas, and techniques for management in the field of oil and gas. It highlights the major processes and procedures that are involved through the fusion of various disciplines that lead to the increased value of the project. It is realized that oil and gas production and transmission frameworks are complicated, capital-intensive, and need abrasive technology. A delicate balance needs to be maintained between different factors while keeping into consideration cost containment, value maximization, and recovery.

What is oil field development?

Therefore, different areas for the field development will be explored while touching base with real-time case studies. Majorly, it will be communicated that the planning phase of oil and gas development is crucial to oil and gas development. The primary project drivers will be discussed across the physical, geological, and mathematical parameters to maximize project value and reduce financial and technical risk.

The outcomes of different strategies for oil and gas development will be investigated and trainees will be equipped with skills to devise an effective field appraisal plan. Moreover, the feasibility of the plan will also be assessed. Hands-on experience through assignments and reports completion in groups will be part of the course. Trainees might also be called for presenting their findings in front of academia or industry panel.

From the fundamentals of oil and gas exploration through defining what is necessary for project sanction and eventually how to execute a successful development, all aspects of field development planning phases are addressed.

Furthermore, a strong focus will be made on assessing the various types of infrastructure available to exploit a hydrocarbon find. The different designs and related costs for onshore, offshore, and subsea facilities and drilling components will be discussed, with an emphasis on the fundamental factors for accurately forecasting costs and reducing project risk.

Course Objectives

This Zoe course will provide an opportunity, for the enrolled trainees, to gain a solid grasp of how the integrated teams from multiple disciplines in the oil and gas corporations work in collaboration to determine the ideal strategy for oil and gas development.

Emphasis will be placed on the development of an integrated array of commercial, business, and technological fields of study. This is to retrieve conclusions from complex situations that require higher investments while challenged with a high level of unpredictability.

The training is meant to make ready early career professionals and mid-career professionals (geoscience, engineering, and commercial) for working on international development projects. These projects may be part of integrated, multi-disciplinary teams, as well as for future leadership roles in the oil industry.

• Professionals will get a grasp of the integrated field development planning team’s work on worldwide oil/gas projects
• Possess real abilities and working tools which they may put to immediate use in future project work of them
• Know the history of business as well as the physics behind oil/gas accumulation
• Recognize the value of prior prediction decisions (choosing a concept and ‘ loading from front end’) in fulfilling successful projects

Training Methodology

The Do–Review–Learn–Apply Model is utilized throughout this Zoe course. Experienced specialists from the appropriate domain provide the training. A portion of the training is offered in class, while the remainder is delivered through site visits. Projects and assignments will be delivered to the trainees in groups to promote teamwork and collaboration. Wherever possible, role-playing is incorporated into the instruction.

Eligibility for this course

The program is relevant to a broad array of disciplines, covering developmental engineering, amenities engineering, geology, hydraulic fracturing, modelling, risk analysis, portfolio preparing, predictive modelling, and commercial strategy, among others.

The training course is designed for upstream oil and gas workers of various disciplines who wish to learn how to:

• Recognize how function lies in the “larger portrayal” of the development of assets as well as the oil industry overall
• With increased participation and leadership, ready to feature prominently in field development, organisational strategy, and decision-making
• Make preparations to work on massive, difficult projects as part of a tight-knit, significant, multi-disciplinary, completely asset design team
• Discover the breadth of exploration and development engineering in the oil, as well as the intricacies and difficulties of big projects facilities engineering

Organisational Benefits

Organisations will derive the following benefits, by enrolling delegates for this customised course:

• Equipping professionals with an understanding of integrated field planning for the oil and gas sector
• Trained staff in conducting business in the field development
• Taking advantage of simulations and algorithms to unravel the complex processes involved in field development
• To manage projects in oil field development
• Superior administration that can lead the company in the field development
• Regular training of employees on best practices and advancements in the field in integrated field development

Personal Benefits

Professionals undertaking this training course will derive the following benefits:

• In-depth understanding and knowledge of all critical aspects of field development
• Enhanced analytical skills to work and grow in the oil and gas sector
• Increased confidence and skillset to train other professionals on best knowledge to lead in the field development
• Better ability and understanding to make financial decisions related to field development and oil and gas sector in businesses and finances
• Increased understanding and knowledge of advanced techniques and concepts related to field development enable one to assume higher designations in any organisation, thereby increasing avenues for career growth and progression.
• Better understanding and analytical as well as strategic skills to work with different projects and teams and choose appropriate models for the oil and gas sector

Who Should Attend? 

• Young businessmen and professionals who want to flourish their career in the oil and gas sector
• Professionals already working in the energy sector
• Senior engineers and technocrats of government oil and gas sector or ministry
• Any other professional with a background of technical education and management skills and interested in knowing more about field development

Course Outline

The course covers the following topics in the oil and gas industry’s integrated field development planning:

Module 1: Integrated Field Development Planning Basics

• What is integrated field development planning?
• Structure (appraisal, concept, design and execution)
• Objectives and stakeholders involved

Module 2: Role of Industry in Integrated Field Development Planning

• Industry challenges, statistics, and meeting the future production need
• Integration of professionals and their role in development planning
• Survey of the workflow in field development

Module 3: Phases of Integrated Development Planning

• Planning, construction, and operation phase
• Comparison of different productions – thermal, deep water, offshore
• The gated decision development process

Module 4: Decision Making in Integrated Field Development

• Types of technical inspections – reservoir characterization and engineering
• Equipment involved in well and production facility
• Study of analytical tools in decision making – expected value, Monte Carlo simulation, sensitivity analysis, and decision hierarchy
• Economics and operations

Module 5: Smoothing Operations through Integrating Domains

• Role of complex interactions between different domains (geochemistry, geophysics, geomechanics, petrophysics, economics, and geological modelling) in the planning process

Module 6: Contracture and Licensing in Oil and Gas Resource Management

• Overview of the legal, fiscal, and contractual liabilities for attaining oil and gas rights
• Quantification, classification, and reporting of resources for management, regulation and investment
• Hands-on experience of economics and decision-making through individual as well as team involvement in practice exercises

Module 7: Safety and Sustainability in Integrated Field Development Planning

• Display of corporate responsibility in the sustainable and safe execution of oil and gas projects
• Social licensure for oil and gas operations

Module 8: Types of Risks in the Integrated Field Planning

• Financial and funding risks
• Cost and schedule management risks
• Operating risk
• Environmental risk
• Legal risk
• Development risk