OG90
Course Contents
Module 1: Field Development Framework and Project Framing
Key Topics
- Field lifecycle from discovery to first production
- FDP purpose, scope, deliverables and approval gates
- Integrated asset team roles and decision governance
- Data quality, assumptions and uncertainty registers
- Regulatory, fiscal, HSE and stakeholder requirements
- Development objectives, value drivers and success criteria
- Building the basis of design and project framing
Module 2: Subsurface Definition and Production Strategy
Key Topics
- Geological, geophysical and petrophysical integration
- Static and dynamic reservoir model fundamentals
- Volumetrics, reserves classification and uncertainty ranges
- Drive mechanisms, recovery factors and depletion options
- Production profiles, plateau targets and decline forecasts
- Appraisal planning and value of additional information
- Surveillance, reservoir management and future flexibility
Module 3: Wells, Facilities and Development Concept Selection
Key Topics
- Well count, placement, architecture and completion choices
- Drilling sequence, well delivery risks and learning curves
- Production technology, artificial lift and flow assurance
- Gathering, processing, utilities and export capacity
- Onshore, offshore, subsea and tieback development options
- HSE, emissions, operability and lifecycle considerations
- Concept screening, ranking and integrated optimisation
Module 4: Economics, Risk and Investment Decision
Key Topics
- CAPEX, OPEX, abandonment cost and estimate classes
- Cash flow, NPV, IRR, payout and economic limit
- Fiscal terms, commercial agreements and value sharing
- Sensitivity, decision trees and Monte Carlo analysis
- Integrated risk register and mitigation planning
- Front-end loading, assurance reviews and decision gates
- FDP documentation, approvals and investment sanction
Module 5: Field Development Execution and Delivery Assurance
Key Topics
- Project execution plan and work breakdown structure
- Contracting, procurement and supply chain strategy
- Integrated master schedule and critical path control
- Cost, progress, risk, quality and change management
- Interfaces across wells, facilities and infrastructure
- Construction, installation and systems completion
- Commissioning, start-up, handover and benefits assurance