The digital learning ecosystem An efficient management approach to capability development, delivering smarter teams, improved productivity and better business outcome for the managers.
The digital learning ecosystem Digitally and seamlessly connecting you, the learner, with pertinent learning objects and related technologies ensuring systematic, engaging and continued learning.
Industry and client recognition
Best Outreach Program Finalist: WorldOil Awards
Overall Customer Satisfaction Score
Training provider of the year: 2013, 14 and 15
Upstream learning simulator With more than 50,000 participants instructed in various disciplines, data driven OilSim runs real-world oil and gas business scenarios and technical challenges.Engaging. Educational. Enjoyable
Develop measurable skills and capabilities
This course will provide participants with the knowledge and understanding of the entire oil company decision-making process from initial new country entry strategy through field abandonment. It will cover the technical and business challenges, as well as the interactions with fiscal and government bodies. This course will include the decision making process in various aspects from exploration to production, as well as typical business and economics framework of oil companies.
Relevant industry case studies and success stories will be reviewed throughout the course. The participants will gain an understanding of asset management throughout the lifecycle, which will be reinforced using oil and gas challenges, practiced via computer simulation.
Participants will learn how corporate strategy affects the management of upstream assets. The three tests of a strategy, as well as the internal and external factors impacting asset value will be discussed. The impact of fiscal regimes on asset strategy will be explored. The day ends with participants finding the sedimentary basins using geophysical techniques in a simulated challenge to find the best exploration blocks.Day 2
Exploration concepts including petroleum systems and geophysical methods will be discussed. The exploration manager's dilemma, as well as the importance of exploration as a process will be presented. How oil companies identify risks and use petroleum economics to have successful exploration programs will also be covered. The day will end with participants prospecting for oil and gas in a simulated challenge.Day 3
Participants learn about portfolio risks and the collaboration between oil and gas companies through partnership creation amongst the teams. Participants will learn about the general process of drilling and well configuration in the appraisal part of the upstream lifecycle. The importance of reserves classification and the purpose of reservoir appraisal will be discussed. The day will end with participants performing simulated exploration and appraisal drilling on their chosen blocks.Day 4
Field development planning will be discussed so that groups can submit a simulated field depletion plan in challenge four. Facilities requirements and artificial lift will be reviewed so that participants can address challenge five, planning simulated facilities for their development projects. Construction and project management will also be discussed as the groups must plan a simulated construction project in challenge six.Day 5
Participants will learn about the main objectives in production and some of the ways companies are meeting these objectives. Sale or abandonment of assets will be discussed. Further reading will be suggested for additional understanding of asset management.
Anyone who desires an increased understanding of the management of upstream oil and gas assets.
A background, degree or experience in the geosciences, engineering or a financial area (finance, accounting, etc.) is preferred but not necessary.
Customize your own learning journey and track your progress when you start using a defined learning path.