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Upstream Oil & Gas Development Lifecycle Costing

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Kuala Lumpur

Kuala Lumpur, Federal Territory of Kuala Lumpur

Malaysia

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About This Course

The lifecycle costs of an upstream oil and gas development are very high and subject to great uncertainty. However, it is crucial to be able to generate reliable cost estimates, covering the full lifecycle, at every stage.

Costing is particularly challenging during the early lifecycle stages, when uncertainty is at a maximum, and information is limited and often unavailable.It is during the early (front-end) stages of exploration and development that reliable costs are crucial to support key development decisions.

Costing of offshore assets is also particularly challenging on account of: limited specialist supply chain; supplier cost fluctuations over the business cycle; technological change; project complexity; move to unconventional resources; move to harsher environments; etc.

Who Should Attend

The course is suitable for upstream oil and gas professionals that wish to improve their understanding of, and skills in, lifecycle costing. The course is suitable for the full range of disciplines that are involved in asset (field) development planning, including: geoscience; reservoir engineering; well engineering; development engineering; facilities engineering; planning; risk analysis, portfolio planning, decision support, commercial strategy; and economics.

Participants should be familiar with Microsoft Excel, however no specialist analytical or engineering skills are required.Participants will greatly benefit from bringing their own laptop, installed with Microsoft Excel and Google Chrome browser.

About the Trainer

Geoffrey Boyd

Geoffrey specialises in field development strategy, definition and value optimisation. On investment projects, Geof works with multi-disciplinary teams of sub-surface and economics professionals, as concept and facilities engineer, to evaluate petroleum assets. On front-end projects, Geof works with the wider team of discipline engineers, to identify optimal development solutions, providing expertise in strategy, costing, phasing and risk.

Register now to enjoy our Early Bird Promo & 3 for 2 Bundle Offer while it lasts.

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Date and Time

Location

Kuala Lumpur

Kuala Lumpur, Federal Territory of Kuala Lumpur

Malaysia

View Map

Refund Policy

No Refunds

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