Course description
Upstream Oil and Gas Development Lifecycle Costing
Upcoming start dates
Training Course 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
Why choose LCT International
We have trained over 25,000 delegates from almost 500 client organisations
Highly qualified and experienced trainers who offer a unique learning experience tailored to you
Endorsed by various organisational and subject specific accrediting bodies
Reviews
Average rating 4.6
I liked all aspects of the course. Although it is my first experience with LCT, it will not be my last. The instructor is very knowledgeable and well organised. He has strong de...
I liked all aspects of the course. Although it is my first experience with LCT, it will not be my last. The instructor is very knowledgeable and well organised. He has strong de...
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I was very lucky to receive one to one training with the consultant who was very helpful and tailored the course to my needs. I am very satisfied with the outcome of the course ...