Managing Upstream Oil and Gas Assets
Details
Managing Upstream Oil and Gas Assets
Value Concept and Definitions
- Definitions of value in the upstream oil industry
- The importance of maintaining margins
- Price forecasting, scenario planning and their impact on value
- Cost; capital and operating – fixed and variable
- Incorporating risk analysis into forward planning
Outline
Value Concept and Definitions
- Definitions of value in the upstream oil industry
- The importance of maintaining margins
- Price forecasting, scenario planning and their impact on value
- Cost; capital and operating – fixed and variable
- Incorporating risk analysis into forward planning
Threats to Value Generation
- Price volatility
- Exploration risk and mitigation
- Exploration cost elements and control
- Synergistic value and enhancement
Establishing best value development options
- Planning and option choices
- Best Value contractual relationships
- Pitfalls – the dangers of ‘fast track’, ‘gold-plating’
Optimising Value in the Production Phase
- Review of oil, gas and reservoir properties
- The sales contract
- Fixed and variable operating costs
- The field decline curve
- Predicting reservoir performance
- Maintaining value by additional drilling
- Surface plant optimization
- Tariff and Transportation cost elements
- Importance of HSE Issues
Putting it all together
- The Human element and organizational behavior
- Summarising the value creation mindset
- Group discussion with delegates
Speaker/s
Special Offer
Schedules
| Tue, Fri | 10:00 AM — 04:00 PM |
| Wed, Fri | 09:00 AM — 04:00 PM |
| No. of Days: | 4 |
Alpha Partners is a reputable firm of Training and Management Consultants with many years of corporate training experience in Finance, Accounting, Auditing, Banking, Management, Information Technology, Oil and Gas Sector, Security, Engineering, Public Relations, Secretarial Studies, Leadership, Marketing and other fields of human endeavour.
We are one of the leading players in the profession. Our firm, a multi-disciplinary one with highly talented, experienced and dedicated partners and staff who have experiences in different facets of working life was established in 1996 and has branches in Lagos, Enugu and Awka.
We offer a wide range of professional services, which covers audits, accounting, finance, taxation, ICT, security, engineering, insurance, human resources management, secretarial and consultancy services in all ramifications.
Our numerous clients attest to the high quality services we offer which contribute in no small measure in ensuring sound and efficient management of their resources.
Related Courses
