Upstream Oil and Gas Asset Management
| Start Date | End Date | Venue | Fees (US $) | ||
|---|---|---|---|---|---|
| Upstream Oil and Gas Asset Management | 23 Nov 2025 | 27 Nov 2025 | Cairo, Egypt | $ 3,500 | Register |
Upstream Oil and Gas Asset Management
| Start Date | End Date | Venue | Fees (US $) | |
|---|---|---|---|---|
| Upstream Oil and Gas Asset Management | 23 Nov 2025 | 27 Nov 2025 | Cairo, Egypt | $ 3,500 |
Introduction
The vibrant upstream oil and gas industry is investing large amounts of capital, and investment which will lead to huge payouts in the future. Asset management is a challenge that remains and how to improve production output and oil recovery factors given the current environment and impending risk. The management of upstream assets is driving growth, maximize profit, and minimize risk to achieve the most profitable return from the management of the asset over its lifetime. This training course will explain upstream asset management to develop your ability to manage assets effectively.
This training course will highlight:
- Overview of upstream asset management
- HSE issues and energy project investment analysis
- Exploration and appraisal well decisions
- Field development decisions
- Asset optimization
Objectives
- Learning about the scope of upstream asset management and integration
- Understanding HSE issues and creating project investment analysis
- Determining decision in exploration and appraisal of well
- Determining decisions in field development
- Explaining asset optimization
By the end of this training course, participants will be able to:
Training Methodology
This is an interactive course. There will be open question and answer sessions, regular group exercises and activities, videos, case studies, and presentations on best practice. Participants will have the opportunity to share with the facilitator and other participants on what works well and not so well for them, as well as work on issues from their own organizations. The online course is conducted online using MS-Teams/ClickMeeting.
Who Should Attend?
This training course is suitable for a wide range of professionals but will greatly benefit:
- Asset Managers
- Operation Managers
- Engineers
- Planning Managers
- Contract Managers
- Financial Managers
- HSE Managers
- Team Leaders & Supervisors
- All personnel involved with upstream
Course Outline
Day 1: Overview of Upstream Asset Management
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Overview of the oil, gas and power value chains
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Scope of upstream asset management
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Integration with downstream assets and markets
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Differences between oil and gas markets
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Market opportunities identified for production
Day 2: HSE Issue and Energy Project Investment Analysis
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Considerations of health, safety and the environment on the upstream asset
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Sustainable development issues
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Time value of money
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Present value of net cash flow
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Internal rate of return
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Sensitivity analysis
Day 3: Exploration and Appraisal Well Decisions
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Preparation of the well plan for the exploration and appraisal wells
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Selection of sampling and evaluation methods
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Preparation of AFE
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Submission of application for a drilling permits
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Issuance of RFP for drilling services
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Review of bids and selection of contractors
Day 4: Field Development Decision
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Prepare geological model and estimate resources
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Prepare drilling and well completion plans
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Prepare reservoir model
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Predict reservoir performance under natural depletion
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Enhanced recovery and artificial lift natural drive mechanisms
Day 5: Asset Optimization
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Infrastructure development decision
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Analyze crude oil markets
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Analyze natural gas markets
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Analyze gas liquids markets
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Decisions during the producing life of the field

