About Course

The journey from a prospective land block to a producing field is capital-intensive and technically complex. This course provides a detailed walk-through of the exploration and production (E&P) lifecycle, focusing on the decision-making processes, key technologies, and project management aspects. It is ideal for those who need a deeper understanding of how oil and gas companies find and develop reserves.

What Will You Learn?

  • • Map the entire E&P lifecycle from license acquisition to field abandonment.
  • • Understand the risk and reward structure of exploration.
  • • Describe the key technical and economic considerations for field development.
  • • Explain the objectives and methods of reservoir management during production.
  • • Recognize the importance of decommissioning and site restoration.

Course Content

Oil and Gas Exploration and Production Fundamentals
This course uses a stage-gate project model, following a hypothetical discovery through each phase of the E&P cycle. It includes group exercises on prospect evaluation, development planning, and economic analysis.

  • The E&P Lifecycle and Access to Resources
  • The Exploration Phase: From Play to Prospect
  • The Development Phase: From Discovery to First Oil
  • The Production Phase: Maximizing Recovery
  • Late Life and Decommissioning

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