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Professional Course

Upstream Oil and Gas Development Lifecycle Costing

LCT International, In London (+1 locations)
Length
4 days
Next course start
Enquire for more information (+2 start dates)
Delivery
Classroom, Self-paced Online
Length
4 days
Next course start
Enquire for more information (+2 start dates)
Delivery
Classroom, Self-paced Online

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Choose between 2 start dates

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  • Classroom
  • London

Enquire for more information

  • Self-paced Online
  • Online

Training content

This Upstream Oil and Gas Development Lifecycle Costing course will cover:

The Oil and Gas Industry

  • Overview of the oil and gas industry
  • Onshore
  • Offshore
  • Unconventionals

Project lifecycle

  • What is the lifecycle
  • Project stages
  • Exploration
  • Appraisal
  • Development
  • Production
  • Abandonment

Cost Estimating

  • Estimating methodology overview
  • Cost fluctuations and forecasting
  • Types of estimating
  • Cost estimate levels
  • Cost accuracy

Cost Estimate Components

  • Exploration and appraisal
  • Drillex
  • Capex – Facilities
  • Opex – Production
  • Abex
  • Project & Owner's costs
  • Contingency
  • Operator's Reserve

Field Development Planning

  • Field development plan
  • Lifecycle costing
  • Scheduling
  • Investment profiles

Petroleum Contracts

  • Petroleum Economics
  • Exploration Economics
  • Development Economics

Industry Software

  • Discussion on industry standard software

Case Studies

Costs

Please contact us for more information on pricing.

Quick stats about LCT International?

We have trained over 2,500 delegates from almost 600 client organisations

Complimentary Heathrow transfer (one-way)

Endorsed by various organisational and subject specific accrediting bodies

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LCT International
3 Shortlands, Hammersmith
W6 8DA London

London Corporate Training (LCT)

London Corporate Training have been established in the education, consulting and training industries for two decades. They work as a training team from their head office in London and aim to ensure all of their course participants receive the highest...

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