Upstream Oil and Gas Development Lifecycle Costing

Date Format Fees  
27 Feb - 01 Mar, 2024 Classroom ₦350,000 Register
09 Jul - 12 Jul, 2024 Classroom ₦350,000 Register
22 Oct - 25 Oct, 2024 Classroom ₦350,000 Register
27 Feb - 01 Mar, 2024 Classroom ₦350,000 Register

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.

  • Venue

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

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