Technical and Economic Evaluation of Exploration and Production Projects

A concise, decision-focused programme covering exploration and production evaluation end to end.

📍 Abu Dhabi🗓️ 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 exploration and production evaluation — it punishes it. The energy transition has not removed the need for rigour in production evaluation; it has added to it. The professional literature on this area of energy and hydrocarbon operations converges on a small set of controls that reliably work. Plans for exploration and production evaluation often fail at the handover point between functions. Sessions alternate between guided analysis of this part of energy and hydrocarbon operations and supervised application. It is designed for mixed groups, so that production evaluation is examined from more than one functional angle. Participants leave with a method for exploration and production evaluation, not a set of opinions about it. The programme builds the judgement to know which parts of production evaluation to standardise and which to leave flexible. The final module sets out how progress on the energy and hydrocarbon operations discipline will be evidenced six months later.

Expected Learning Outcomes

01

Integrate exploration and production evaluation into existing management routines rather than running it separately.

02

Adapt recognised practice on production evaluation to local constraints without hollowing it out.

03

Quantify the production impact of decisions taken on exploration and production evaluation.

04

Design a training and briefing approach that sustains competence in production evaluation.

05

Evaluate the environmental obligations arising from exploration and production evaluation.

06

Build the competence and certification matrix for staff working on production evaluation.

07

Design permit and isolation controls covering the work involved in exploration and production evaluation.

Who Should Attend

01

Environmental and regulatory compliance officers covering exploration and production evaluation.

02

Maintenance and reliability engineers supporting production evaluation.

03

Consultants and service company personnel supporting clients on exploration and production evaluation.

04

Process safety and technical safety specialists reviewing production evaluation.

05

Department heads accountable for the results of exploration and production evaluation.

06

Training and development staff building internal capability in production evaluation.

Course Modules

01

Exploration and production evaluation: technical fundamentals and operating envelope

2 sessions · 8 points

Session 1Making exploration and production evaluation work when resources are constrained

  • Rank the weaknesses in exploration and production evaluation by consequence rather than by ease of fixing.
  • Collect evidence on the present handling of production evaluation before proposing changes.
  • Benchmark the organisation's exploration and production evaluation against comparable operations.
  • Define the trigger that would require production evaluation to be redesigned.

Session 2Reading condition data on production evaluation before failure, not after

  • Verify emergency response arrangements cover the scenarios exploration and production evaluation can create.
  • Define the safe operating envelope for production evaluation and how deviations are detected.
  • Build the competence framework that supports exploration and production evaluation.
  • Verify isolation points for production evaluation are proven and documented.
02

Production evaluation: environmental obligation and emissions

2 sessions · 8 points

Session 1Holding contractors on production evaluation to the standard you hold yourself

  • Draft the minimum viable operating procedure for exploration and production evaluation.
  • Model the economics of production evaluation at low, base and high price cases.
  • Anticipate the objections exploration and production evaluation will raise and prepare the answers.
  • Write down the assumptions underpinning the approach to production evaluation.

Session 2Building the investment case for production evaluation that finance will accept

  • Confirm that lessons from exploration and production evaluation are shared beyond the team that learned them.
  • Decide what will be stopped to create capacity for production evaluation.
  • Confirm contractor competence records for anyone working on exploration and production evaluation.
  • Review the instrumentation on production evaluation for coverage gaps.
03

Production evaluation: integrity, inspection and condition assessment

2 sessions · 8 points

Session 1Moving production evaluation from approval to execution

  • Establish the boundary of exploration and production evaluation and record what sits outside it.
  • Define acceptance criteria for production evaluation in advance.
  • Check that management of change is applied to every modification of exploration and production evaluation.
  • Set the trigger for a life-extension versus replacement study on production evaluation.

Session 2Testing exploration and production evaluation before relying on it

  • Assess the emissions and discharge attributable to exploration and production evaluation.
  • Test the procedure for production evaluation against a realistic scenario.
  • Record the rationale for each significant choice made about exploration and production evaluation.
  • Record the technical rationale for the chosen approach to production evaluation.
04

Production evaluation: incidents, lessons and continual improvement

2 sessions · 8 points

Session 1What the last incident involving production evaluation should have taught us

  • Remove steps in exploration and production evaluation that add effort without adding assurance.
  • Establish the alarm philosophy applying to production evaluation and remove nuisance alarms.
  • Check that the permit regime covering exploration and production evaluation matches the actual hazard.
  • Identify the failure modes of production evaluation with the highest consequence.

Session 2The operating limits on production evaluation and what happens beyond them

  • Reduce the variation in how exploration and production evaluation is carried out between teams.
  • Map the handovers in production evaluation between functions and secure them.
  • Review incident and near-miss history involving exploration and production evaluation.
  • Confirm handover documentation for production evaluation is complete and current.

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

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