Managing Drilling Costs and Improving Well Delivery Time

A structured, applied course in drilling cost and cycle time — designed to be used the week you return.

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

Course Overview

Regulators and insurers increasingly want documented evidence of how drilling cost and cycle time is controlled. The energy transition has not removed the need for rigour in cycle time; it has added to it. Discussion is anchored to worked examples of the practice within energy and hydrocarbon operations rather than to abstract argument. It establishes a shared vocabulary for drilling cost and cycle time so that teams can disagree productively about it. The level assumes working familiarity with the operating asset but no prior formal training in the wider energy and hydrocarbon operations agenda. Benchmarking exercises repeatedly place cycle time among the areas with the widest performance spread. They acquire practical criteria for judging when drilling cost and cycle time is working and when it is only appearing to. Teams frequently over-invest in documenting cycle time and under-invest in testing it. Participants finish with a short, specific brief on the energy and hydrocarbon operations discipline ready to put in front of a decision maker.

Expected Learning Outcomes

01

Quantify the production impact of decisions taken on drilling cost and cycle time.

02

Design a practical operating method for cycle time that fits the organisation's size and maturity.

03

Evaluate the environmental obligations arising from drilling cost and cycle time.

04

Assess the technical and commercial risk attaching to cycle time across the asset life cycle.

05

Specify the instrumentation and data needed to monitor drilling cost and cycle time reliably.

06

Build the internal capability for cycle time rather than depending on external support indefinitely.

07

Communicate the purpose of drilling cost and cycle time to those who have to comply with it.

Who Should Attend

01

Consultants and advisers supporting clients on drilling cost and cycle time.

02

Business partners who must understand cycle time well enough to challenge it.

03

Inspection and integrity engineers assessing drilling cost and cycle time.

04

Graduate and newly assigned engineers taking responsibility for cycle time.

05

Environmental and regulatory compliance officers covering drilling cost and cycle time.

06

Contract and procurement staff supporting cycle time.

Course Modules

01

Drilling cost and cycle time: competence, certification and handover

2 sessions · 8 points

Session 1Closing out drilling cost and cycle time and capturing what was learned

  • Set the trigger for a life-extension versus replacement study on drilling cost and cycle time.
  • Prepare the response for the most likely failure in cycle time.
  • Check that records of drilling cost and cycle time answer the questions likely to be asked.
  • Identify the failure modes of cycle time with the highest consequence.

Session 2Competence and handover on cycle time when experienced staff leave

  • Confirm that reporting on drilling cost and cycle time reaches the people who can act.
  • Record the rationale for each significant choice made about cycle time.
  • Confirm that lessons from drilling cost and cycle time are shared beyond the team that learned them.
  • Verify emergency response arrangements cover the scenarios cycle time can create.
02

Cycle time: integrity, inspection and condition assessment

2 sessions · 8 points

Session 1Deciding between life extension and replacement for cycle time

  • Agree what will be standardised in drilling cost and cycle time and what will not.
  • Model the economics of cycle time at low, base and high price cases.
  • Confirm handover documentation for drilling cost and cycle time is complete and current.
  • Check that management of change is applied to every modification of cycle time.

Session 2Where cycle time typically breaks, and why

  • Map the handovers in drilling cost and cycle time between functions and secure them.
  • Establish the alarm philosophy applying to cycle time and remove nuisance alarms.
  • Name a single owner for each element of drilling cost and cycle time.
  • Verify isolation points for cycle time are proven and documented.
03

Cycle time: technical fundamentals and operating envelope

2 sessions · 8 points

Session 1Reading condition data on cycle time before failure, not after

  • Agree the indicators that will show whether drilling cost and cycle time is improving.
  • Prepare the summary of cycle time that senior management will read.
  • Define the safe operating envelope for drilling cost and cycle time and how deviations are detected.
  • Verify six months later that changes to cycle time have held.

Session 2Moving drilling cost and cycle time from approval to execution

  • Check that the permit regime covering drilling cost and cycle time matches the actual hazard.
  • Set out how exceptions to cycle time are requested and approved.
  • Assign responsibility for keeping documentation of drilling cost and cycle time current.
  • Review incident and near-miss history involving cycle time.
04

Cycle time: process safety, permits and isolation

2 sessions · 8 points

Session 1Holding contractors on cycle time to the standard you hold yourself

  • Establish what evidence demonstrates drilling cost and cycle time is under control.
  • Confirm contractor competence records for anyone working on cycle time.
  • Benchmark the organisation's drilling cost and cycle time against comparable operations.
  • Reduce the variation in how cycle time is carried out between teams.

Session 2The operating limits on cycle time and what happens beyond them

  • Establish who is informed, consulted and accountable in drilling cost and cycle time.
  • Review the instrumentation on cycle time for coverage gaps.
  • Record the technical rationale for the chosen approach to drilling cost and cycle time.
  • Assess the emissions and discharge attributable to cycle time.

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.