Location

Date

Duration

Language

Discipline

Introduction

The Applied Field Development Planning course is designed to provide professionals in the oil, gas, and energy sectors with the practical knowledge and skills required to plan, evaluate, and manage the development of oil and gas fields. This course emphasizes the application of theory to real-world field development challenges, focusing on technical, economic, and environmental factors that influence the decision-making process. Through case studies, practical exercises, and expert-led discussions, participants will learn how to develop field plans that maximize recovery, minimize costs, and ensure compliance with environmental and safety regulations.

Objective

1. Understand the key concepts and stages of field development planning.
2. Evaluate geological, reservoir, and production data to make informed decisions.
3. Develop detailed field development plans that optimize resource recovery.
4. Assess and mitigate the risks associated with field development.
5. Apply economic and financial analysis techniques to field development projects.
6. Incorporate sustainability, environmental, and safety considerations into development plans.
7. Develop comprehensive project timelines, budgets, and resource allocations.
8. Communicate field development plans effectively to stakeholders and decision-makers.

Audience

• • Field Development Engineers
  • Reservoir Engineers
  • Project Managers
  • Operations Managers
  • Geologists and Geophysicists
  • Petroleum Engineers
  • Risk Managers and Environmental Managers

Content

Day 1: Introduction to Field Development Planning

• Module 1: Fundamentals of Field Development
  • Overview of the oil and gas field development process
  • Key components of a field development plan
  • Interdisciplinary teamwork in field development
• Module 2: Geological and Reservoir Data Assessment
  • Collecting and analyzing geological data
  • Reservoir characterization techniques
  • Understanding reservoir behavior and dynamics
• Module 3: Initial Field Assessment
  • Feasibility studies and risk assessment
  • Integrating geological, reservoir, and production data
  • Early-stage planning and exploration decisions

Day 2: Technical Aspects of Field Development

• Module 4: Well Design and Drilling Planning
  • Selecting drilling methods and technologies
  • Well placement and completion strategies
  • Drilling cost estimation and optimization
• Module 5: Production System Design
  • Surface facilities and production infrastructure
  • Wellhead systems and pipeline design
  • Evaluating production system options
• Module 6: Reservoir Management and Enhanced Recovery
  • Reservoir management techniques for maximizing recovery
  • Secondary and tertiary recovery methods (water flooding, gas injection)
  • Monitoring and controlling reservoir performance

Day 3: Economic Evaluation and Risk Management

• Module 7: Economic Analysis of Field Development
  • Key financial metrics for field development (NPV, IRR, payback period)
  • Cost estimation and budgeting
  • Sensitivity analysis and scenario modeling
• Module 8: Risk Management and Mitigation
  • Identifying technical, financial, and operational risks
  • Risk analysis methods and tools (e.g., Monte Carlo simulation)
  • Developing mitigation strategies for identified risks
• Module 9: Decision-Making Frameworks
  • Decision-making under uncertainty
  • Balancing technical and economic factors in development decisions

Day 4: Environmental and Safety Considerations

• Module 10: Environmental Impact Assessment
  • Key environmental regulations and standards
  • Identifying environmental risks and mitigation strategies
  • Planning for sustainable resource development
• Module 11: Health, Safety, and Environmental (HSE) Management
  • HSE considerations in field development
  • Risk assessment for safety hazards
  • Developing HSE management systems and protocols
• Module 12: Regulatory Compliance and Permitting
  • Understanding permitting processes and compliance requirements
  • Regulatory bodies and their role in field development
  • Managing environmental impact through compliance

Day 5: Integrating Stakeholder Management and Finalizing the Plan

• Module 13: Stakeholder Management and Communication
  • Engaging stakeholders in the development process
  • Communication strategies for field development projects
  • Managing expectations and addressing concerns
• Module 14: Finalizing the Field Development Plan
  • Key deliverables of a field development plan
  • Developing a project execution strategy
  • Reviewing and presenting the final plan to stakeholders

Certificate

MAESTRO CONSULTANTS Certificate of Completion for delegates who attend and complete the training course.

Methodology

Our courses are highly interactive, typically taking a case study approach that we have found to be an effective method of fostering discussions and transferring knowledge. Participants will learn by active participation during the program through the use of individual exercises, questionnaires, team exercises, training videos and discussions of “real life” issues in their organizations.
The material has been designed to enable delegates to apply all of the material with immediate effect back in the workplace.

Fees

$6,500 per attendee including training material/handouts, morning/afternoon coffee breaks, and Lunch.