
An Intensive 5-day Training Course
Upstream Oil & Gas Asset Management
Management in Optimizing of Upstream Assets
Scheduled Dates
Classroom
24 - 28 Feb 2025 | Kigali - Rwanda | $5,950 | RESERVE A SEAT |
07 - 11 Jul 2025 | London - UK | $5,950 | RESERVE A SEAT |
11 - 15 Aug 2025 | Dubai - UAE | $5,950 | RESERVE A SEAT |
22 - 26 Dec 2025 | Houston TX - USA | $6,950 | RESERVE A SEAT |
19 - 23 Jan 2026 | Dubai - UAE | $5,950 | RESERVE A SEAT |
30 Mar - 03 Apr 2026 | Kigali - Rwanda | $5,950 | RESERVE A SEAT |
Online
24 - 28 Feb 2025 | Online | $3,950 | RESERVE A SEAT |
11 - 15 Aug 2025 | Online | $3,950 | RESERVE A SEAT |
30 Mar - 03 Apr 2026 | Online | $3,950 | RESERVE A SEAT |
Would an alternative date be more suitable?
We offer a variety of tailored training options, customized to meet your organisation's needs. Delivered anytime, anywhere, we make it easy to bring expert training directly to your team.
Why Choose this Training Course?
The vibrant upstream oil and gas industry is investing large amounts of capital, and investment which will lead to huge payouts in the future. Asset management is challenge that remains and how to improve production output and oil recovery factors given the current environment and impending risk.
The management of upstream assets is driving growth, maximize profit and minimize risk to achieve the most profitable return from the management of the asset over its lifetime.
This PetroKnowledge training course will explain upstream asset management to develop your ability to manage asset effectively.
This PetroKnowledge training course will highlight:
- Overview of upstream asset management
- HSE issues and energy project investment analysis
- Exploration and appraisal well decisions
- Field development decisions
- Asset optimization
What are the Goals?
The objectives of this PetroKnowledge training course are to develop your ability to manage upstream assets effectively. This PetroKnowledge training course has five key objectives:
- Learning about scope of upstream asset management and integration
- Understanding HSE issues and creating project investment analysis
- Determining decision in exploration and appraisal of well
- Determining decisions in field development
- Explaining asset optimization
Who is this Training Course for?
Upstream Oil & Gas Asset Management, training course suitable to a wide range of professionals but will greatly benefit:
- Asset Managers
- Operation Managers
- Engineers
- Planning Managers
- Contract Managers
- Financial Managers
- HSE Managers
- Team Leaders & Supervisors
- All personnel involved with upstream
How will this Training Course be Presented?
Participants to this PetroKnowledge training course will receive a thorough training on the subjects covered by the seminar outline with the Tutor utilising a variety of proven adult learning teaching and facilitation techniques. Seminar methodology includes classroom-style with highly interactive, exercise and case studies the training course will be run using PowerPoint slide and video.
Organisational Impact
The organisational impact will be demonstrated by the employees participating in this training course:
- Understanding upstream asset management to support company objective
- Developing of a skilled workforce to create project investment analysis
- Understanding the issues of HSE to mitigating the risk
- Developing the ability to make decision
- Optimizing assets helps to drive growth and profitability
Personal Impact
Upon completion of this PetroKnowledge training course, participants will gain:
- Knowledge of the upstream asset management
- Create project investment analysis
- Be proactive in identification of risk sources
- Improved skills in decision making in upstream operations
- Enhance their knowledge to minimize risks
- Develop their ability to optimize upstream assets
Daily Agenda
Day One: Overview of Upstream Asset Management
- Overview of the oil, gas and power value chains
- Scope of upstream asset management
- Integration with downstream assets and markets
- Differences between oil and gas markets
- Market opportunities identified for production
Day Two: HSE Issue and Energy Project Investment Analysis
- Considerations of health, safety and the environment on the upstream asset
- Sustainable development issues
- Time value of money
- Present value of net cash flow
- Internal rate of return
- Sensitivity analysis
Day Three: Exploration and Appraisal Well Decisions
- Preparation of the well plan for the exploration and appraisal wells
- Selection of sampling and evaluation methods
- Preparation of AFE
- Submission of application for drilling permit
- Issuance of RFP for drilling services
- Review of bids and selection of contractors
Day Four: Field Development Decision
- Prepare geological model and estimate resources
- Prepare drilling and well completion plans
- Prepare reservoir model
- Predict reservoir performance under natural depletion
- Enhanced recovery and artificial lift natural drive mechanisms
Day Five: Asset Optimization
- Infrastructure development decision
- Analyze crude oil markets
- Analyze natural gas markets
- Analyze gas liquids markets
- Decisions during the producing life of the field
Certificate
- On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.
Frequently Asked Questions
Why PetroKnowledge?
PetroKnowledge is a globally recognized provider of training courses for oil and gas professionals, offering a wide range of specialized training courses designed to enhance knowledge, skills, and expertise in the energy sector. With courses tailored to meet the evolving demands of the oil and gas industry, PetroKnowledge helps professionals stay up-to-date with industry standards, technological advancements, and best practices.
Who are these training courses designed for?
Our courses are specifically developed for professionals in the oil and gas industry, including engineers, technical staff, managers, and other specialists looking to advance their careers. Whether you’re a seasoned expert or new to the sector, our training for oil and gas professionals is suited to individuals at all stages of their professional journey.
Are the courses delivered online or in person?
PetroKnowledge offers flexible learning solutions with both online courses and in-person training options. Online courses for oil and gas professionals provide the flexibility to learn from anywhere, while in-person courses offer a hands-on, interactive learning environment. Each training course page provides detailed information on the delivery format, allowing you to choose the option that best meets your learning style and schedule
Can I get a customized training course for my team?
Yes, PetroKnowledge offers customized in-house training solutions for organizations looking to upskill their teams. We work closely with companies to design bespoke training courses for oil and gas professionals that address specific challenges and objectives. Whether you need on-site training or online solutions, we can tailor the training courses to suit your organization’s needs.
Are there any prerequisites for attending a course?
Certain advanced training courses for oil and gas professionals may require prior experience or technical knowledge. These prerequisites ensure that participants can fully benefit from the course content. We recommend reviewing the course description on the relevant page to determine if any prerequisites apply to your selected course.
How can I enroll in a course?
Enrolling in one of our training courses for oil and gas professionals is simple and convenient. Navigate to the specific course page, click “Enroll Now,” and complete the registration form. You will receive a confirmation email with further details on how to proceed.
You may also get in touch with our Registration Team on
+971 50 981 7386 | +971 2 557 7389 or send an email to [email protected]
When should I expect to receive confirmation of registration?
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.
Will I receive a certificate after completing the course?
Yes, upon successful completion of our courses for professionals in the oil and gas industry, you will receive an industry-recognized certificate from PetroKnowledge. This certification is designed to validate your skills and knowledge and can significantly enhance your professional credentials, boosting your career prospects in the competitive oil and gas sector.
When and how do I arrange payments?
We offer two convenient payment options:
- Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
- Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.
What is the refund or cancellation policy?
Our refund and cancellation policy varies depending on the course and circumstances. Generally, cancellations made at least 21 days before the training are eligible for a refund, less any administrative fees. If you have any specific inquiries about the cancellation or refund, don’t hesitate to contact our support team, who can assist with your booking and cancellation queries.
Is there a discount for more than one registrant/course?
For corporate fees and group registration, please send your query to [email protected].