External Project Management & Integrated Services Approach to Well Construction

An Intensive 5-day Training Course

External Project Management &
Integrated Services Approach
to Well Construction

Integrating Drilling & Project Management Services

External Project Management & Integrated Services Approach to Well Construction

Scheduled Dates

Classroom

20 - 24 May 2024 Houston TX - USA $6,950 RESERVE A SEAT
11 - 15 Nov 2024 Houston TX - USA $6,950 RESERVE A SEAT

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Why Choose this Training Course?

Small and large operators are looking at alternate management systems to drill, complete and repair wells. This training course looks beyond the conventional internal model and presents other approaches that employ External Project Management (EPM) teams and Integrated Services (IS) to improve the overall value.

To conduct well construction and large-scale down hole rejuvenation projects, an Operator must employ a technical engineering team and many specialized products and services. The traditional approach has been to retain internal resources that design the program and select individual suppliers to execute the work. In many circumstances, this may not be possible or does not yield the best results.

Understanding these concepts and identifying where they add value is important to improving wellbore construction efficiency. Knowing the general steps to put these methods in place will allow Operator personnel to select and support the best EPM and IS approach for the application. External suppliers will learn how to participate successfully in offering and providing support to these alternate approaches.

This External Project Management & Integrated Services Approach to Well Construction training course prepares the participants to effectively develop, administer and participate in externally-managed well construction projects. The training course spans the key elements of a project from initial analysis through set up and execution using an independent and/or integrated approach. The participant will also learn useful tools for procurement, bridging and performance management that can be applied in many different fields.

This PetroKnowledge training course will feature:

  • Well construction work elements and flow
  • Drivers for external management & integration
  • Management & Integration options
  • Contracts, procurement, bridging and KPI/goals
  • Start-up, management, evaluation and wind up

What are the Goals?

At the end of this External Project Management & Integrated Services Approach to Well Construction training course, you will learn to:

  • Understand the elements and flow of the well construction process
  • Evaluate and determine where EPM and IS can bring value
  • Develop models for management and integration
  • Prepare contract work scopes, select vendors and apply control systems
  • Set-up working systems, manage and evaluate through conclusion

Who is this Training Course for?

This training course is suitable to a wide range of professionals but will greatly benefit:

  • Project and General Management
  • Operations Managers & Superintendents
  • Well construction Engineers and Technicians
  • Legal, Administration & Support Personnel
  • Field service personnel

How will this Training Course be Presented?

An experienced engineer who has worked extensively in this area the industry and has good teaching skills will lead the participants of this course. Materials and working documents will be made available to aid students in understanding and future use. The instructor will describe case studies and examples of design, administration and operations. Participants will be encouraged to present their own experiences and develop techniques from the syllabus that will work in their area of business.

Daily Agenda

Day One: Well Construction Work Elements and Flow
  • Well construction and rehabilitation overview
  • Design process breakdown
  • Approvals and permitting
  • Service and materials selection
  • Project start-up process
  • Execution activity and monitoring
  • Evaluation and learning feedback
Day Two: Drivers for External Management & Integration
  • Evaluation of internal resources
  • Weighing the value of an EPM approach
  • Understanding where IS can bring benefits
  • Health Safety and Environment (HSE) considerations
  • Assessment of service quality sensitivities
  • Determining financial drivers for EPM & IS
  • Overall assessment and recommendations
Day Three: Develop Models for Management & Integration
  • Stakeholder identification
  • EPM relationships with stakeholders
  • EPM and IS supplier association options
  • IS groupings for best value
  • Specialized supplier considerations
  • Model roll out and peer review
Day Four: Contract, Procurement, Bridging and KPI/Goal Setting
  • Contract work-scope preparation
  • Legal and administrative considerations
  • EPM and IS supplier prequalification
  • Selection of KPIs and project goals
  • Request for proposal (RFP) execution
  • Evaluation of proposals
  • Contract negotiation and bridging
Day Five: Start-up, Management, Evaluation and Wind up
  • Conceptual design and offset review process
  • Supply & logistics sensitivities
  • Project schedule and management plan
  • Connecting stakeholder links
  • Risk management and contingency plans
  • Pre-spud process and communications
  • Ongoing management and service quality
  • Wind up of EPM and IS suppliers

Certificate

  • On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.
  • On successful completion of this PetroKnowledge training course, Certificate with eligible Professional Development Units (PDUs) / Contact Hours from Project Management Institute (PMI®), will be awarded to the delegates

Accreditation

PMI® Registered Training Courses

The Registered Education Provider (R.E.P. ID:4349) status with the Project Management Institute (PMI®) enables PetroKnowledge to issue applicable Professional Development Hours/Units (PDHs/PDUs) to participants on our Project Management oriented training courses, to help them achieve or maintain PMI® professional credentials.
The PMI® Registered Education Provider logo is a registered mark of the Project Management Institute, Inc.

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Frequently Asked Questions

  • To register online through our website, please click “Enroll Now” on the course page, complete and submit the form. A confirmation e-mail and instructions will be sent to the participant’s e-mail.
  • You may also get in touch with our Registration Team on
    +971 50 981 7386 | +971 2 557 7389 or send an email to reg@petroknowledge.com

  • Payments can be made in USD or UAE local currency AED (Arab Emirates Dirhams) either by Bank Transfer or by Credit Card. Our Bank Account details will be provided on the invoice.
  • Course fees are payable upon booking unless a valid, authorized Purchase Order is provided and accepted.
  • Invoices will be sent via email/courier to the ID/name and address provided.
  • The course fee shall be settled prior to course start date. Corporate payments with existing payment policy shall be relayed to us in advance.

Upon successful registration online, enrolment on the respective training course will be confirmed by Registration Team by e-mail along with the invoice and joining instruction.

For corporate fees and group registration, please send your query to info@petroknowledge.com.

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