Upstream Oil and Gas Development Lifecycle Costing

  • Start Date

    27 Apr, 2021

  • End Date

    30 Apr, 2021

  • Price

    ₦300,000

  • WiFi

    Free wifi

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.

 

DATE:

1ST BATCH:                       27th – 30th April, 2021                    

2ND BATCH:                      17th – 20th August, 2021

3RD BATCH:                      30th Nov – 3rd December, 2021

Other Dates

Start Date End Date
27 Apr, 2021 30 Apr, 2021
Start Date End Date
17 Aug, 2021 20 Aug, 2021
Start Date End Date
30 Nov, 2021 03 Dec, 2021
  • Venue

    Alpha Partners Professional Training Conference Centre. 200, Muritala Mohammed Way (3rd Floor), Yaba Lagos.

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