Building Models to Forecast Future Oil and Gas Demand

Practical training in oil and gas demand forecasting, grounded in real cases and applied to your own operation.

📍 Tripoli🗓️ 5 training days📚 4 modules🎓 Accredited certificate
5intensive training days
4scientific modules
8training sessions
32detailed points

Course Overview

Price volatility does not excuse weak discipline in oil and gas demand forecasting — it punishes it. Deferred maintenance and deferred decisions on demand forecasting both accrue interest. Most organisations already have a policy on this strand of energy and hydrocarbon operations; far fewer can show it working. The programme is built to be used, and every section of oil and gas demand forecasting it covers ends in something applicable. The level assumes working familiarity with the operating asset but no prior formal training in the practice within energy and hydrocarbon operations. Participants gain a realistic view of what demand forecasting costs and what it returns. The teaching approach is deliberately practical: participants build a operating procedure for oil and gas demand forecasting as they go. Mature organisations treat demand forecasting as a standing capability rather than a project that finishes. The programme closes with an action plan for this area of energy and hydrocarbon operations that each participant writes for their own organisation.

Expected Learning Outcomes

01

Reduce avoidable variation in how oil and gas demand forecasting is carried out across teams.

02

Compare the organisation's handling of demand forecasting with recognised practice, and close the material gaps.

03

Capture and act on lessons from incidents and near misses involving oil and gas demand forecasting.

04

Define the escalation path for abnormal conditions detected in demand forecasting.

05

Verify that contractors working on oil and gas demand forecasting meet the same standard as direct staff.

06

Integrate demand forecasting with the wider process safety management system.

07

Select indicators that show whether oil and gas demand forecasting is improving, and reject those that only look useful.

Who Should Attend

01

Commercial and planning analysts modelling oil and gas demand forecasting.

02

Inspection and integrity engineers assessing demand forecasting.

03

Anyone whose accountability for oil and gas demand forecasting exceeds their current formal training in it.

04

Officers preparing reports on demand forecasting for boards or oversight committees.

05

Contract and procurement staff supporting oil and gas demand forecasting.

06

Graduate and newly assigned engineers taking responsibility for demand forecasting.

Course Modules

01

Oil and gas demand forecasting: environmental obligation and emissions

2 sessions · 8 points

Session 1Escalation and decision rights in oil and gas demand forecasting

  • Verify emergency response arrangements cover the scenarios oil and gas demand forecasting can create.
  • Record the technical rationale for the chosen approach to demand forecasting.
  • Prepare the response for the most likely failure in oil and gas demand forecasting.
  • Confirm handover documentation for demand forecasting is complete and current.

Session 2The environmental exposure created by demand forecasting

  • Define the safe operating envelope for oil and gas demand forecasting and how deviations are detected.
  • Record what was learned when demand forecasting did not go as planned.
  • Establish what evidence demonstrates oil and gas demand forecasting is under control.
  • Confirm contractor competence records for anyone working on demand forecasting.
02

Demand forecasting: integrity, inspection and condition assessment

2 sessions · 8 points

Session 1Deciding between life extension and replacement for demand forecasting

  • Verify isolation points for oil and gas demand forecasting are proven and documented.
  • Record the rationale for each significant choice made about demand forecasting.
  • Check that the permit regime covering oil and gas demand forecasting matches the actual hazard.
  • Identify the failure modes of demand forecasting with the highest consequence.

Session 2The cost of demand forecasting and how to present it

  • Set out how exceptions to oil and gas demand forecasting are requested and approved.
  • Review the instrumentation on demand forecasting for coverage gaps.
  • Confirm that lessons from oil and gas demand forecasting are shared beyond the team that learned them.
  • Arrange the handover of demand forecasting so capability survives staff changes.
03

Demand forecasting: technical fundamentals and operating envelope

2 sessions · 8 points

Session 1Reading condition data on demand forecasting before failure, not after

  • Check that management of change is applied to every modification of oil and gas demand forecasting.
  • Rank the weaknesses in demand forecasting by consequence rather than by ease of fixing.
  • Agree the indicators that will show whether oil and gas demand forecasting is improving.
  • Anticipate the objections demand forecasting will raise and prepare the answers.

Session 2Comparing oil and gas demand forecasting with recognised practice

  • Agree the smallest change to oil and gas demand forecasting that would be visibly useful.
  • Assess the emissions and discharge attributable to demand forecasting.
  • Compare the cost of oil and gas demand forecasting with the cost of its absence.
  • Test the procedure for demand forecasting against a realistic scenario.
04

Demand forecasting: competence, certification and handover

2 sessions · 8 points

Session 1The operating limits on demand forecasting and what happens beyond them

  • Set the trigger for a life-extension versus replacement study on oil and gas demand forecasting.
  • Decide what will be stopped to create capacity for demand forecasting.
  • Establish who is informed, consulted and accountable in oil and gas demand forecasting.
  • Review incident and near-miss history involving demand forecasting.

Session 2Holding contractors on demand forecasting to the standard you hold yourself

  • Establish the alarm philosophy applying to oil and gas demand forecasting and remove nuisance alarms.
  • Model the economics of demand forecasting at low, base and high price cases.
  • Prepare the summary of oil and gas demand forecasting that senior management will read.
  • Remove steps in demand forecasting that add effort without adding assurance.

Choose the package that suits you

Silver Package

At least 3 people

USD1,250
  • Workshop or Program Participation
  • Airport Transfers
  • Customized Badge
  • Expert Mentorship (Private Sessions)
  • Supervision & Secretarial Services
  • Accredited Certificate of Participation
  • Complete Training Kit
  • Coffee Break
  • Closing Ceremony

Gold Package

At least 3 people

USD1,850
  • 5-night stay in a 5-star hotel
  • Workshop or Program Participation
  • Airport Transfers
  • Customized Badge
  • Expert Mentorship (Private Sessions)
  • Supervision & Secretarial Services
  • Accredited Certificate of Participation
  • Complete Training Kit
  • Coffee Break
  • Closing Ceremony

Complete your registration

We will contact you within one business day to confirm.