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About this Training Course
How can production be increased by 10-20%? How can reserves be increased? How can costs be reduced? How can performance be optimised to minimize GHG emissions? This advanced WRFM course is an interactive course for Upstream oil and gas companies who want to maximise the value of their assets.
The WRFM course will provide, from reservoir to sales point, industry best practices and Lean principles for teams to understand that, when followed, will deliver WRFM opportunities that maximise an asset value, typically against marginal additional costs or resources. The course will cover all key activities and resources required for performing WRFM successfully and will show how to close the gap to the Asset’s potential. The course is highly interactive with several exercises that can be tailored to the asset challenges.
The course is designed to teach the WRFM workflow to ensure students fully understand oil field practices following the plan-do-review loop and simple lean management principles. The biggest performance impact is realised by getting staff working together hence it is key that all key asset practitioners attend this course together to enable integration, achieve shared understanding of key issues and get the most out of the course.
The course typically will be given with three highly experienced instructors to cover surface, subsurface and Business Improvement. This balance between technical and process improvements is a proven recipe for creating value with ever-reducing cycle times.