About this Virtual Instructor Led Training (VILT)
Well abandonment of Oil and Gas installations is an inevitable part of the ‘Life of Field’ activities. It carries a very high cost with no commercial return, and it is also the most expensive part of upstream decommissioning.
This 2 half-day Virtual Instructor Led Training (VILT) course is specifically designed to give the participants a clear understanding of the engineering and cost estimations for well abandonment projects, with potential opportunities identified and risks mitigated. Innovative data-driven software is used to quantify and optimise the project scope and well abandonment cost estimates at the earliest stage. This provides a powerful ‘link’ between well abandonment engineering and cost estimation. This method is adopted by major oil operators and companies involved in the supply chain in Europe, Asia and Australia to improve the basis for more effective decision making.
By the end of this VILT course, the participants will be able to:
- Understand the different types of engineering and costs estimates and their appropriateness
- Identify and apply alternative well abandonment methods
- Objectively quantify risk and cost impact
- Understand the logic behind calculations of the individual elements used
- Identify risk elements within the estimate
- Identify cost saving opportunities
- Gain a ‘hands on’ experience with modern methods, using the Apollo software
This VILT course is intended for engineers and supervisors in Plug & Abandonment (P&A), well intervention, drilling. Decommissioning managers, performance managers, commercial & business planning support, and business finance professionals will also benefit from attending this course.
- Basic or Foundation
The VILT course will be delivered online in 2 half-days consisting 4 hours per day, with 2 breaks of 10 minutes per day.
Course Duration: 2 half-day sessions, 4 hours per session (8 hours in total).
To further optimise your learning experience from our courses, we also offer individualized “One to One” coaching support for 2 hours post training. We can help improve your competence in your chosen area of interest, based on your learning needs and available hours. This is a great opportunity to improve your capability and confidence in a particular area of expertise. It will be delivered over a secure video conference call by one of our senior trainers. They will work with you to create a tailor-made coaching program that will help you achieve your goals faster.
Request for further information about post training coaching support and fees applicable for this.
Learn what past participants have said about EnergyEdge training courses
Highly structured and intuitive
Wells Manager, Major Operator, 2021
Massive potential, this software is a game changer
Well Engineer, Large North Sea Operator, 2021
The first time we achieved realistic full costing, at earliest project stage