Course Description

This practical and highly-interactive course includes reallife case studies and exercises where participants will be engaged in a series of interactive small groups and class workshops. This course is designed to provide participants with a detailed and up-to-date overview of The International Petroleum Business: A Challenging Simulation Program. It covers the energy industry with global significance, market dynamics and key driving factors; the exploration agreements and financial models; the importance and role in petroleum business, key components and stakeholders; the terms of the exploration agreement and financial model to evaluate project value drivers; and the importance and uses of seismic data in exploration and key principles of seismic survey interpretation. Further, the course will also discuss the seismic program alternatives and selection criteria based on project needs; the operational aspects of seismic programs, mapping techniques and interpretation; the significance, methods and challenges of exploration and delineation drilling; the well location selection and evaluation techniques for formations; the purpose and components of an appraisal well program; the methods for reserve estimation and commercial evaluation; the field development strategies and reservoir management for longevity and maximum extraction; and the different field development options and selecting the best alternative of field production capacity considerations, well count and spacing optimization link to course overview PDF

TRAINING METHODOLOGY

This interactive training course includes the following training methodologies as a percentage of the total tuition hours

30 % Lectures
20 % Workshops & Work Presentations
20 % Case Studies & Practical Exercises
30 % Videos, Software & Simulators

In an unlikely event, the course instructor may modify the above training methodology before or during the course for technical reasons.

VIRTUAL TRAINING (IF APPLICABLE)

If this course is delivered online as a Virtual Training, the following limitations will be applicable

Certificates	:	Only soft copy certificates will be issued to participants through Haward’s Portal. This includes Wallet Card Certificates if applicable
Training Materials	:	Only soft copy Training Materials (PDF format) will be issued to participant through the Virtual Training Platform
Training Methodology	:	80% of the program will be theory and 20% will be practical sessions, exercises, case studies, simulators or videos
Training Program	:	The training will be for 4 hours per day starting at 09:30 and ending at 13:30
H-STK Smart Training Kit	:	Not Applicable
Hands-on Practical Workshops	:	Not Applicable
Site Visit	:	Not Applicable
Simulators	:	Only software simulators will be used in the virtual courses. Hardware simulators are not applicable and will not be used in Virtual Training