Project Management in Upstream Field Development - FPM2

Reservoir fluid properties; Petroleum geology; The petroleum reservoir; Unconventional resources; Exploration technology; Drilling technology; Well completion and workover; Production operations; Recovery; Surface processing; Offshore operations

Forecasting oil production; Defining: "reserves", operating expenses, capital expenditures, inflation, factors effecting oil and gas prices; Cash flow techniques; Economic criteria: interest, hurdle rate, time value of money, selection, ranking criteria; Risk, uncertainty: types of risk, mathematical techniques, probabilistic models, uncertainty in economic analysis; Financing, ownership in the oil and gas industry: business arrangements between operators, between mineral owners; Accounting versus cash flow: accounting principles and definitions, differences between accounting cash numbers, depreciation, depletion, amortization; Budgeting: types, processes, selecting of projects for the budget; Economic analysis of operations; Computer economics software; Tips on economic factors in computer spreadsheet analysis; Ethics in economic analyses

Recognize and assess opportunities; Acquire exploration rights; Generate exploration prospect; Drill and evaluate exploration well; Establish commerciality; Create asset business plan; Characterize asset; Initiate facility design and sanction development project; Design, construct and commission facilities; Produce asset; Exploit asset; Dispose or decommission asset

Reservoir fluid properties; Petroleum geology; The petroleum reservoir; Unconventional resources; Exploration technology; Drilling technology; Well completion and workover; Production operations; Recovery; Surface processing; Offshore operations

Forecasting oil production; Defining: "reserves", operating expenses, capital expenditures, inflation, factors effecting oil and gas prices; Cash flow techniques; Economic criteria: interest, hurdle rate, time value of money, selection, ranking criteria; Risk, uncertainty: types of risk, mathematical techniques, probabilistic models, uncertainty in economic analysis; Financing, ownership in the oil and gas industry: business arrangements between operators, between mineral owners; Accounting versus cash flow: accounting principles and definitions, differences between accounting cash numbers, depreciation, depletion, amortization; Budgeting: types, processes, selecting of projects for the budget; Economic analysis of operations; Computer economics software; Tips on economic factors in computer spreadsheet analysis; Ethics in economic analyses

Recognize and assess opportunities; Acquire exploration rights; Generate exploration prospect; Drill and evaluate exploration well; Establish commerciality; Create asset business plan; Characterize asset; Initiate facility design and sanction development project; Design, construct and commission facilities; Produce asset; Exploit asset; Dispose or decommission asset

Reservoir fluid properties; Petroleum geology; The petroleum reservoir; Unconventional resources; Exploration technology; Drilling technology; Well completion and workover; Production operations; Recovery; Surface processing; Offshore operations

Forecasting oil production; Defining: "reserves", operating expenses, capital expenditures, inflation, factors effecting oil and gas prices; Cash flow techniques; Economic criteria: interest, hurdle rate, time value of money, selection, ranking criteria; Risk, uncertainty: types of risk, mathematical techniques, probabilistic models, uncertainty in economic analysis; Financing, ownership in the oil and gas industry: business arrangements between operators, between mineral owners; Accounting versus cash flow: accounting principles and definitions, differences between accounting cash numbers, depreciation, depletion, amortization; Budgeting: types, processes, selecting of projects for the budget; Economic analysis of operations; Computer economics software; Tips on economic factors in computer spreadsheet analysis; Ethics in economic analyses

Recognize and assess opportunities; Acquire exploration rights; Generate exploration prospect; Drill and evaluate exploration well; Establish commerciality; Create asset business plan; Characterize asset; Initiate facility design and sanction development project; Design, construct and commission facilities; Produce asset; Exploit asset; Dispose or decommission asset