Equips participants with the tools to evaluate exploration and development opportunities using PRMS resource classification, production profiles, fiscal regime modelling, and portfolio optimisation.
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About this programme
Equips participants with the tools to evaluate exploration and development opportunities using PRMS resource classification, production profiles, fiscal regime modelling, and portfolio optimisation.
Equip professionals with the knowledge, skills, and frameworks required to excel in Integrated Petroleum Economics & Resource Classification, driving measurable improvement in Upstream Exploration & Production performance and delivering tangible value to their organisations.
11 key learning outcomes
Apply integrated geological and geophysical principles to support exploration and field development decisions
Evaluate reservoir rock and fluid properties using core analysis, well log interpretation, and PVT data
Design and assess well drilling and completion programmes for complex subsurface environments
Interpret production performance data to diagnose decline mechanisms and optimise well delivery
Apply petroleum economics frameworks to evaluate development options and investment decisions
Understand the full production system from reservoir through wellbore to surface facilities
Apply relevant HSE and regulatory standards to upstream operations and project execution
Evaluate enhanced oil recovery (EOR) and unconventional resource development approaches
Use production optimisation tools and artificial lift selection criteria to maximise recovery
Assess field decommissioning obligations, cost estimation, and environmental management requirements
Communicate subsurface findings and uncertainty to technical and commercial stakeholders
5 training days · 15 modules · hands-on workshops
Develop a comprehensive understanding of the oil and gas industry structure and exploration workflows.
Play fairway analysis: groups map a petroleum system for a provided basin, risk each play element, and identify high-graded exploration targets.
Apply reservoir and well engineering principles to evaluate development potential.
Production forecast workshop: groups build an integrated nodal analysis model and generate production profiles for three development scenarios.
Understand surface facilities design and the processing of produced hydrocarbons.
Facility design review: groups evaluate a provided process flow diagram for a gas condensate facility, identify safety critical elements, and recommend design improvements.
Apply economic analysis methods to evaluate upstream investments and development decisions.
Economic evaluation exercise: teams build a field development economic model for a provided dataset, test key sensitivities, and present an investment recommendation.
Integrate HSE principles, sustainability drivers, and industry outlook into upstream planning.
Capstone: teams develop a field development concept covering geology, reservoir, facilities, economics, and HSE for a provided discovery, presenting to a simulated IOC investment committee.
This programme is designed for professionals across these roles
Engineers working in field development, production engineering, or subsurface evaluation
Geologists, geophysicists, and petrophysicists involved in exploration and appraisal activities
Well engineers responsible for programme design, contractor management, and operations support
Facility engineers and operations teams responsible for daily production management
Managers overseeing asset performance, budgets, and development investment decisions
Junior technical professionals building a rigorous foundation in upstream disciplines
Upcoming public dates — enrol anytime
This course carries internationally recognised professional credits
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