About
This course is part of the Track 1: Well Site Supervisor Development Program. Well Site Supervisor Development Program - Track 1 This Unit complements the overall industry awareness of Track 1 Unit 1: Well Construction Foundations by considering the key factors that create the highly cyclic nature of the oil and gas industry. We are price-takers, and all the various operators and contractors must remain nimble to respond to those outside forces we don’t control. Being able to create break-even assessments for services such as bits, trajectory services, and data capture services is representative of the ongoing need. A total of 28 hours are included in this course with 20 hrs eLearning and 8 hrs virtual instructor-led sessions
View The Schedule: Track 1 Schedule by Unit (12).pdf
Target Audience
Designed for field supervisors and junior field supervisors who are being developed to be well site supervisors; entry-level well site field personnel; experienced personnel who are cross-training to move into a supervisory role and lead operations at the well site.
You Will Learn
- Production Forecasting
- Oil and Gas Pricing
- Cash Flow
- Economic Decision Tools
- Risk and Uncertainty
- Financing and Ownership
- Petroleum Industry Accounting
- Budgeting