Upstream Petroleum Business Fundamentals with Challenging Learning Simulation Game
SUBJECT AREA | Petroleum Business |
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TARGET AUDIENCE | Technical, commercial, and operations personnel who seek an in-depth understanding of the Upstream Sector of the petroleum industry: technology,economics, project development process, markets and how it contributes to the broader industry. |
COMMITMENT | 3-4 hours self-study and 1 hour online virtual mentored session per week for five continuous weeks. |
LEARNING FORMATS | e-Learning self-study, individual or competitive team participation in simulation game with virtual mentor |
SIMULATION SCENARIO | Individuals/teams explore, develop and produce a challenging petroleum exploration opportunity through 20 years of production. Best performing team wins the Team Prize. |
MENTORS |
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LANGUAGE | e-Learning courses in English, Spanish and Portuguese |
ENROLLMENT FEE |
PRICE US $500 per person
PRICE US $1,500 per Team (up to 5 Team Members)
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DATES |
Program Content | ||||
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e-Learning | e-Learning | |||
Virtual Mentored Learning | Virtual Mentored Learning | |||
Simulation Game | Simulation Game | |||
WEEK ONE | e-Learning | Upstream Oil and Gas Agreements | ||
Virtual Mentored Learning | Simulation Game | Introduction to Simulation Scenario; Select Concession or PSC Agreement | ||
WEEK TWO | e-Learning | Petroleum Geology and the Exploration Process | ||
Virtual Mentored Learning | Simulation Game | Design and Interpret Seismic Surveys; Identify Prospects | ||
WEEK THREE | e-Learning | Drilling and Well Completions | ||
Virtual Mentored Learning | Simulation Game | Drill Exploration and Appraisal Wells; Estimate Resources | ||
WEEK FOUR | e-Learning | Oilfield Development | ||
Virtual Mentored Learning | Simulation Game | Field Development: Design Surface and Subsurface Facilities | ||
WEEK FIVE | e-Learning | Oilfield Development (Continued) | ||
Virtual Mentored Learning | Simulation Game | Field Development: Design Surface and Subsurface Facilities(Continued) | ||
WEEK SIX | e-Learning | Marketing and Trading of Crude Oil | ||
Virtual Mentored Learning | Simulation Game | Select Crude Oil Marketing Options; Review Financial Results |