The digital learning ecosystem An efficient management approach to capability development, delivering smarter teams, improved productivity and better business outcome for the managers.
Bridging industry with academia An immersive and collaborative learning experience event, using OilSim simulator, providing highly relevant industry knowledge and soft skills.
The digital learning ecosystem Digitally and seamlessly connecting you, the learner, with pertinent learning objects and related technologies ensuring systematic, engaging and continued learning.
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Upstream learning simulator With more than 50,000 participants instructed in various disciplines, data driven OilSim runs real-world oil and gas business scenarios and technical challenges.
Engaging. Educational. EnjoyableUpstream learning simulator With more than 50,000 participants instructed in various disciplines, data driven OilSim runs real-world oil and gas business scenarios and technical challenges.
Engaging. Educational. EnjoyableBridging industry with academia An immersive and collaborative learning experience event, using OilSim simulator, providing highly relevant industry knowledge and soft skills.
The digital learning ecosystem Digitally and seamlessly connecting you, the learner, with pertinent learning objects and related technologies ensuring systematic, engaging and continued learning.
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During this course, participants will learn about the types of unconventional resources and the similarities between tight gas, coalbed methane, and shale gas. The lifecycle and key parameters of unconventional plays will be discussed in order for participants to gain an understand of how to model the economic viability of a potential development. This modeling process will incorporate the benefits of the latest industry knowledge on unconventional resource development, such as sweet spot identification, well planning, drilling, and completions, and incorporation of risk and uncertainty, in order to analyze the potential for profitability.
The participants will gain an overview of worldwide unconventional activity, the ability to understand best practices for development, and the process for identifying key risks and uncertainties. In addition, a proven process for modeling the economics of unconventional resource development, including the use of dynamic decision trees, will be covered.
This course uses Excel.
Geoscientists, Engineers, Commercial team members, or Managers who need to model and analyze the business impact of unconventional resources.
A working knowledge of project economics or a foundation level course in Petroleum Economics.
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