The Middle East is known as the “Crossroads of the World” because it is where the three continents of Asia, Africa, and Europe come together. The region also plays a big role in the petroleum industry due to its vast oil reserves and has been a center for learning and experience in the oil and gas.
Abu Dhabi, U.A.E Dubai, UAEThere is No Courses Here
This course is designed for users already familiar with the first level of Integration within IPM (GAP, PROSPER and MBAL) and wish to take the integrated production modelling approach to the next level, integrating numerical simulation reservoir models, process models, economics as well as implementing Global Optimization and Field Management Rules within the system.
This course is designed for wellsite geologists, drilling and operations engineers, and those who are involved in the acquisition and use of well-site geological data in their job scope.
This course is designed for experienced reservoir engineers who have been involved in constructing reservoir models and performing simulation studies for field recovery optimization. Attendees should have a basic knowledge of reservoir simulation.
Designed for Reservoir Engineers, Petroleum Engineers, Geologists, Geophysicists, Petrophysicists, Drilling Engineers, Production Engineers, Surveillance Engineers, Managers.
Designed for reservoir engineers, geologists, petrophysicists, geophysicists, petroleum engineers, production engineers, project engineers, project managers and anyone else who desire to obtain a comprehensive knowledge of integrated reservoir characterization and modeling.
This course is targeted to those engineers that have (i) attended the Standard IPM course previously, and (ii) have consolidated their familiarity of MBAL, PROSPER and GAP through consistent use over time.
A decision to drill an exploration well with the objective to find a new oil or gas field must be based on a sound assessment of the prospect's risks and of the volumes: what is the chance that a well will find hydrocarbons, and how much could it be? Risk and volume assessments form the basis for decisions to drill a well or not, and as such form the link between subsurface evaluation and the business aspects of the petroleum industry.
This course provides an introduction to the economic analysis of international petroleum ventures. Furthermore, it gives exposure to the most widely accepted techniques used in the economic analysis of investment opportunities in the ‘upstream’, or exploration and production (E & P) sector of the oil industry.
Given the volatility in oil prices today, the economic evaluation of an upstream oil and gas investment is essential. Business decisions involving asset acquisitions, lease-buy assessments, exploration drilling options, oil and gas field development, equipment purchases, and fiscal negotiations all require detailed economic analysis. The course will cover cash flow analysis, deriving and understanding economic indicators and detailed probability and fiscal analysis. These are vital components of the evaluation of investments in today’s international upstream oil and gas industry.