An intensive professional development training course on
Asset Management for the Oil & Gas Industry – Upstream
Why Choose Asset Management for the Oil & Gas Industry – Upstream Training Course?
Managing Oil and Gas fields requires an understanding of the multiple facets of the oil and gas industry. The course is designed to familiarize the attendees with these facets and prepare them to become successful asset managers.
The course provides an opportunity to learn from someone who has worked in the upstream sector of the industry for 40+years and brings a wealth of practical experience, examples, hard lessons learned and presents them in an easy to understand manner.
This course will feature:
- The art of developing an Asset Management Plan
- Asset Management Process
- Highly effective multi-disciplinary teams
- Decision Tools like Decision Mapping, Front End Loading, Decision & Risk Analysis, Value of Information, Value Improving Practices
- Role of Technology
What are the Goals?
By the end of this course, participants will be able to:
- Develop realistic Asset Management goals
- Learn about maximizing Asset Value
- Decide the deliverables for major decisions
- Learn to improve effectiveness and efficiency of work processes
- Apply the principles to a real life Case Study
Who is this Course for?
This course is suitable for a wide range of professionals involved either full time or part time in managing oil and gas fields but will greatly benefit:
- All discipline engineers in the Company (Reservoir, Drilling, Production, Petroleum, Project, Facilities, etc.)
- Geo-scientists
- Asset Managers and Personnel
- Business Development, Commercial Managers, Joint Interest Managers
- Operations Managers and Operations Superintendents
How will this be Presented?
This course will utilize a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes:
- Presentation & Interactive Dialogue
- Class Exercises & Working in Teams
- Simulating Partnership Meeting, Operator Meeting, and Meeting with the Government
- Art of Negotiation
The Course Content
Building the Asset Management Plan
- Introduction & Course Overview
- Understanding Terminology
- Asset Management Plan
- Portfolio Management
- Factors influencing Asset Value – Internal & External
- Class Exercises
Process & Tools
- Asset Management Process
- Key Decisions and Deliverables
- Who, Why and How of Multi-disciplinary Teams
- Ensuring Discipline Quality
- Introduction to Asset Management Tools
- Class Exercises
Role of Technology
- Role of Technology in Asset Management
- Discussion of specific Technologies
- Reservoir Characterization/Reservoir Modeling
- Horizontal Wells
- Smart Well Technology
- Reservoir/Surface Integration Modeling
- Knowledge Management
- Home Work Assignment
Asset Management Case Study
- Introduction of the Case Study – A field development case
- Form Teams
- Participants spend the day solving the case and prepare a presentation for discussion
Lessons from the Industry & Wrap-up
- Simulate an Operating Committee & Government Meeting
- Discuss actual results
- Common Mistakes in Asset Management
- Continuous Improvement through Post Auditing
Lessons from the Industry & Wrap-up
- Simulate an Operating Committee & Government Meeting
- Discuss actual results
- Common Mistakes in Asset Management
- Continuous Improvement through Post Auditing
Feedback and Conclusion
Certificate and Accreditation
- AZTech Certificate of Completion for delegates who attend and complete the course.
Do you want to learn more about this course?
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Frequently Asked Questions
Yes, we offer tailored corporate training solutions to meet your organization’s specific needs. Please contact us at info@aztechtraining.com or call +971 4 427 5400 for more information.
Our training programs are hosted at luxurious five-star hotels in prestigious destinations across the globe. Some of our popular locations include Dubai, London, Kuala Lumpur, Amsterdam, New York, Paris, Vienna, and many other iconic cities.
The training fees include full access to the training venue, along with comprehensive training materials to enhance your learning experience. Additionally, participants will be provided with writing supplies and stationery. To ensure comfort and convenience, the fee also covers lunch and refreshing coffee breaks throughout the duration of the course.
Once your registration is successfully completed, you will receive a confirmation email within 24 hours. This email will contain your registration details, invoice, and the necessary joining instructions for the course.
There are several convenient ways to register for our training programs:
- Online: Explore our training calendar, choose the course that suits your needs, and click the “Register Now” button on the course details page.
- Email: Share your details, including your name, organization, email address, and selected course, by sending an email to info@aztechtraining.com
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