« Back to course list

Selecting Optimal Development Concepts (PBM29)

  • 9-11 October 20193 daysLondon, United KingdomCourse Fee: 2750 EUR + VAT

Description

The course builds on the course ‘Introduction to 'Gated' Development Processes’ by describing methods for managing the ‘Select’ phase of a project development to achieve the optimal development concept. Since successful closure of the ‘Feasibility’ phase is critical to the ‘Select’ phase, the course also covers how to establish project feasibility.
The course covers workshop facilitation as project workshops are an important part of developing and selecting concepts. The course is based strongly on integration between subsurface and surface development decisions since optimal concepts cannot be chosen in isolation.
Concept Selection is explained as a sequence of decisions and the course describes how the work required in the ‘Select’ phase can be planned and optimised based on taking these decisions.

Course Level: Skill
Instructor: Phil Tudhope

Designed for you, if you are...

  • A member of a project team at either graduate or a more experienced technical professional level looking to understand how project decision-making is achieved in a structured development process
  • A senior member of your company responsible for project governance who is looking to effect a progressive change in the decision-making processes used for major oil & gas developments
  • A subsurface development manager or project execution manager who is responsible for a major oil & gas project for a number of the development phase

How we build your confidence

The course draws on best practices learnt and developed in major IOCs and NOCs. It reinforces the theory with practical application and real industry examples. Participants will be able to follow a case study through the techniques taught in the course.
The course is highly interactive and participants are encouraged to share their own experiences and problems to the benefit of all.

The benefits from attending

By the end of the course you will understand and be able to apply a structured, decision-based technique for identifying and selecting optimal development concepts for an oil & gas project. You will understand the critical importance of creating concepts that account for uncertainties in subsurface information and be able to demonstrate qualitatively which concepts offer better project outcomes when accounting for risks.
You will understand why it is important to demonstrate project feasibility before entering a project selection phase and how carrying forward only feasible concepts optimises the ‘Select’ phase and reduces project recycle.
You will have gained these skills from seasoned professionals who have been involved directly with major projects and applying these techniques in international oil & gas companies and national oil companies.

Topics

Project Framing and Concept Identification
  • Background
    - Introduction to the training
    - Workshop facilitation techniques
    - Recap of framing
  • Concept identification
    - Overview
    - Uncertainties and outcomes
    - Building alternative external worlds - ‘realisations’
    - Decisions and options
    - Case study introduction

Developing Concept Options and Establishing Project Feasibility
  • Concept options
    - Building alternative development concepts
    - Assessing scenarios
    - Assessment / selection criteria
    - The concept identification workshop
  • Feasibility
    - Establishing feasibility

The Concept Select Phase
  • Concept selection phase
    - Select planning / managing work by decisions
    - Select planning workshop
    - Quality of decisions
    - Concept select workshops


Enquiry

Name:
E-Mail:
Company:

Message:
Newsletter:

HOT Engineering GmbH

Parkstrasse 6
8700 Leoben, Austria

HOT Engineering Vienna Office

Herrengasse 1-3, Floor 2
1010 Vienna, Austria
Tel.: +43 3842 43053-0
Fax: +43 3842 43053-1
E-Mail: hot@hoteng.com

HOT Reservoir Solutions GmbH HOT Microfluidics GmbH

Am Stollen 19
38640 Goslar, Germany

Tel.: +49 151 42440 739
Fax: +43 3842 430 53-1
E-Mail: hotrs@reservoirsolutions.com
E-Mail: microfluidics@hoteng.com

HOT Middle East

138 Fatimah Bint Mubarak Street
Al Yasat Tower, P.O. Box: 97
Abu Dhabi, UAE

Tel.: +971 2 672 0730
Fax: +971 2 674 2422
E-Mail: me@hoteng.com

HOT Engineering Libyan Branch

Essyahia City
Tripoli, Libya

E-Mail: libya@hoteng.com

HOT Engineering GmbH   Tel: +43 3842 43 0 53-0   Fax +43 3842 43 0 53-1   hot@hoteng.com