World's Leading Petroleum Training Alliance

Operating Company/Service Company Dynamics: How E&P Gets Done - OSD


Discipline:   Introductory and Multi-Discipline Training
Level: Foundation
Instructors: Dr. Satish K. Kalra, Mr. William (Bill) E. Powell



Upcoming Sessions

Description

DESIGNED FOR

Entry level oil and gas company engineers and geoscientists, entry level service company field operations and sales staff, mid-career hires from outside the E&P industry, administrators and investors, national oil company staff contemplating closer working relationships with western service companies

 

YOU WILL LEARN HOW TO

  • Understand operating companies and how they operate

  • Understand services companies and how they operate

  • Distinguish how company types effect dynamics

  • Improve E&P project planning and operations

  • Make knowledgeable cost-benefit decisions

  • Focus product development

 

ABOUT THE COURSE

This course will explain how oil and gas technology is transferred between service and operating companies and applied in real world situations. Attendees from operating companies and service companies will learn how to identify, evaluate, engage and manage each other’s resources in the context of E&P projects. Issues are presented from a balanced perspective representing views of both service companies and oil/gas companies; they are two complimentary parts of one whole, and neither can succeed without the other.

 

COURSE CONTENT

  • Types of operating and service companies

  • Central role of reserves for operating companies

  • Central role of technology for service companies

  • Operating/service company structures and motives

  • Managing joint operations

  • Planning and mobilization issues

  • Pricing structures

  • Risk/reward models

  • Collaboration

  • Research and development

  • e-Commerce in E&P