Orchestrating Energy Projects: Integrated Field Development Planning Training Course

Introduction

Developing an oil and gas field, from initial discovery to full production, is a monumental undertaking that requires the seamless integration of diverse technical disciplines, economic considerations, and regulatory compliance. Integrated Field Development Planning (IFDP) is a holistic approach that brings together subsurface, wells, facilities, and commercial aspects to optimize resource recovery, minimize costs, and maximize value. Without a comprehensive and integrated plan, projects risk significant delays, budget overruns, and suboptimal performance.

This intensive training course is meticulously designed to equip participants with a comprehensive and practical understanding of Integrated Field Development Planning. From exploring the various stages of field development and mastering cross-functional collaboration to analyzing subsurface uncertainties, designing optimal well and facility architectures, and conducting robust economic evaluations, you will gain the expertise to develop and execute successful projects. This empowers you to optimize hydrocarbon recovery, manage risks, ensure financial viability, and strategically contribute to the efficient and sustainable development of energy resources.

Target Audience

  • Petroleum Engineers and Reservoir Engineers.
  • Geologists and Geophysicists.
  • Drilling Engineers and Well Planners.
  • Facilities Engineers and Project Engineers.
  • Production Engineers and Operations Managers.
  • Development Managers and Asset Managers.
  • Investment Analysts and Financial Professionals in Oil & Gas.
  • Senior Executives in Exploration & Production (E&P) Companies.

Duration: 10 days

Course Objectives

Upon completion of this training course, participants will be able to:

  • Understand the fundamental principles and importance of Integrated Field Development Planning (IFDP).
  • Grasp the various stages of field development and the key decision gates.
  • Analyze the interdependencies between subsurface, wells, facilities, and economic factors.
  • Comprehend the methodologies for assessing reservoir potential and optimizing recovery strategies.
  • Evaluate different well and facility architectures for various field types (onshore, offshore, conventional, unconventional).
  • Develop practical skills in conducting economic evaluations and risk assessments for field development plans.
  • Navigate the complexities of stakeholder engagement and regulatory compliance in IFDP.
  • Formulate robust strategies for developing and optimizing integrated field development plans to maximize value.

Course Content

  1. Introduction to Integrated Field Development Planning (IFDP)
  • Defining IFDP Module: holistic approach to optimizing hydrocarbon asset value
  • Importance of Integration Module: breaking down silos, maximizing recovery, minimizing costs
  • Key Disciplines Involved Module: geology, geophysics, reservoir engineering, drilling, facilities, production, economics, HSE
  • Field Development Lifecycle Module: from discovery to abandonment
  • The value proposition of an integrated approach to field development
  1. Field Development Stages and Decision Gates
  • Exploration and Appraisal Module: discovery, delineation, data acquisition
  • Concept Select Module: identifying viable development options, preliminary screening
  • Front-End Engineering Design (FEED) Module: detailed concept, cost estimation, risk assessment
  • Execution (EPC) Module: detailed design, procurement, construction, installation
  • Operations and Decommissioning Module: production optimization, end-of-life planning
  • Understanding the critical decision points in field development
  1. Subsurface Characterization and Reservoir Management
  • Reservoir Geology and Petrophysics Module: understanding rock and fluid properties, heterogeneity
  • Static Reservoir Modeling Module: building 3D geological models (facies, porosity, permeability)
  • Dynamic Reservoir Simulation Module: simulating fluid flow, history matching, production forecasting
  • Reservoir Drive Mechanisms Module: natural depletion, water drive, gas cap drive
  • Enhanced Oil Recovery (EOR) Screening Module: identifying potential EOR methods
  • Assessing the subsurface potential and recovery mechanisms
  1. Well Design and Drilling Planning
  • Well Types Module: vertical, deviated, horizontal, multilateral, intelligent wells
  • Drilling Rig Selection Module: onshore vs. offshore, rig capabilities
  • Well Construction Module: casing design, cementing, drilling fluids
  • Completion Design Module: well productivity, artificial lift (ESP, gas lift, rod pumps)
  • Drilling Schedule and Cost Estimation Module: planning and budgeting drilling operations
  • Optimizing well placement and design for maximum recovery
  1. Facilities Design and Surface Infrastructure
  • Onshore Facilities Module: well pads, gathering systems, processing plants (oil, gas, water), storage tanks
  • Offshore Facilities Module: platforms (fixed, floating), FPSOs, subsea production systems
  • Process Flow Diagrams (PFDs) and Piping & Instrumentation Diagrams (P&IDs) Module: understanding facility design
  • Utilities and Support Systems Module: power generation, water injection, flare systems
  • Safety and Environmental Considerations in Design Module: process safety, emissions control
  • Designing efficient and safe surface infrastructure
  1. Production Operations and Optimization
  • Production System Overview Module: from reservoir to sales point
  • Production Monitoring and Surveillance Module: real-time data, well testing, flow assurance
  • Production Optimization Techniques Module: artificial lift optimization, well intervention
  • Water Management Module: produced water treatment and disposal/re-injection
  • Gas Management Module: gas processing, export, re-injection, flaring reduction
  • Maximizing and sustaining hydrocarbon production
  1. Economic Evaluation and Investment Decisions
  • Cash Flow Analysis Module: revenue, operating costs, capital expenditures, taxes
  • Economic Indicators Module: Net Present Value (NPV), Internal Rate of Return (IRR), Payback Period, Profitability Index
  • Uncertainty and Sensitivity Analysis Module: impact of oil price, production rates, costs on project economics
  • Decision Tree Analysis Module: evaluating sequential decisions under uncertainty
  • Assessing the financial viability and profitability of field development options
  1. Risk Management in Field Development
  • Identifying Key Risks Module: geological, drilling, facilities, operational, market, regulatory, environmental, social
  • Risk Assessment Methodologies Module: qualitative and quantitative approaches
  • Risk Mitigation Strategies Module: technical solutions, contractual arrangements, insurance
  • Contingency Planning Module: preparing for unforeseen events
  • Building resilience into the field development plan
  1. Project Management and Execution for IFDP
  • Integrated Project Team Module: fostering collaboration across disciplines
  • Project Controls Module: schedule, cost, quality management
  • Contracting Strategies Module: EPC, EPCM, alliances for field development
  • Stakeholder Management Module: engaging with government, communities, partners
  • HSE Management in Development Projects Module: ensuring safe and environmentally responsible execution
  1. Digitalization and Future Trends in IFDP
  • Digital Twin for Field Development Module: virtual representation for optimization
  • Big Data and AI in IFDP Module: predictive analytics, smart sensors for real-time optimization
  • Automation and Remote Operations Module: enhancing efficiency and safety
  • Carbon Capture and Storage (CCS) Integration Module: developing fields with CCS considerations
  • Energy Transition and Decommissioning Module: planning for the end-of-life of assets
  • The evolving landscape of integrated field development in a changing energy world.

CERTIFICATION

  • Upon successful completion of this training, participants will be issued with Macskills Training and Development Institute Certificate

TRAINING VENUE

  • Training will be held at Macskills Training Centre. We also tailor make the training upon request at different locations across the world.

AIRPORT PICK UP AND ACCOMMODATION

  • Airport pick up and accommodation is arranged upon request

TERMS OF PAYMENT

Payment should be made to Macskills Development Institute bank account before the start of the training and receipts sent to info@macskillsdevelopment.com

For More Details call: +254-114-087-180

 

Orchestrating Energy Projects: Integrated Field Development Planning Training Course in Sri Lanka
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