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  • Class and Course

    Introduction to Management of Exploration and Production with OilSim RILS

    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. 


    It is also suited to middle/senior managers who need an overview of the business of oil and gas, from the perspective of upstream asset and portfolio management.

    1. Strategy
    2. Asset Value
    3. Portfolio Management
    4. Fiscal Regimes
    5. Petroleum economics
    6. Exploration
    7. Drilling
    8. Appraisal and Field Development
    9. Project Management in Construction
    10. Production and Abandonment

    A background, degree or experience in the geosciences, engineering or a financial area (finance, accounting, etc.) is preferred but not necessary. Alternatively experience as a manager in the oil and gas industry.

    Currently there are no scheduled classes for this course.

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