T-262 - Selecting Optimal Development Concepts
The course assumes an understanding of ‘Gated’ Development Processes’. It describes methods for managing the SELECT phase of a project development to achieve the optimal development concept. Since successful closure of the FEASIBILITY phase is critical to the SELECT phase, the course also covers how to establish project feasibility.
The course covers workshop facilitation as project workshops are an important part of developing and selecting concepts. The course is based strongly on integration between subsurface and surface development decisions since optimal concepts cannot be chosen in isolation.
Concept Selection is explained as a sequence of decisions and the course describes how the work required in the SELECT phase can be planned and optimised based on taking these decisions.
- Graduates from universities or technical colleges with 3 to 10 years work experience and preferably at least 2 years in Front-End project development.
- Project Team members looking to understand how project decision-making is achieved in a structured development process.
- Senior staff responsible for Project Governance who are looking to effect a progressive change in the decision-making processes used for major oil & gas developments.
- Subsurface Development Managers, or Project Execution Managers, responsible for a major oil & gas project across part of the ‘Gated’ development phases.
By the end of the course you will understand and be able to apply a structured, decision-based, technique for identifying and selecting optimal development concepts for an oil & gas project.
You will understand the critical importance of creating concepts that account for uncertainties in subsurface information and be able to demonstrate qualitatively which concepts offer better project outcomes when accounting for risks.
You will understand why it is important to demonstrate project feasibility before entering a project selection phase and how carrying forward only feasible concepts optimises the ‘Select’ phase and reduces project recycle.
- Workshop Facilitation
- Building Uncertainty Tables and Realisations from Subsurface information
- Decision Tables and Creating Concepts
- Assessment and Selection Criteria
- Concept Identification and Concept Selection Workshops
- Establishing Project Feasibility
- Decision-making and Concept Selection
- Testing Decision Quality
The course draws on best practices learnt and developed in major IOCs and NOCs. It reinforces the theory with practical application and real industry examples. Participants will be able to follow a case study through the techniques taught in the course.
The course is highly interactive and participants are encouraged to share their own experiences and problems to the benefit of all.
The course is delivered by seasoned professionals who have been involved directly with major projects and applying these techniques in International Oil & Gas Companies and National Oil Companies.
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Michel LensinkGeneral Manager Support
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