Oil and Gas Technical training > Estimating for Well Abandonment of Redundant Oil and Gas Installations – Virtual Instructor Led Training (VILT)

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 multi-billion $ cost with no commercial return! It is also the most expensive part of decommissioning.

This Virtual Instructor Led Training (VILT) course is specially designed to give the participants a clear understanding of estimating for well abandonment such that potential opportunities can be identified and identified risks mitigated. The method with innovative data-driven software is used to quantify and optimise project scope and well abandonment cost estimates at the earliest stage. This provides a powerful ‘link’ between well abandonment engineering and cost estimation. The method is used by profound operators and supply chain in Europe, Asia and Australia to improve the basis for earlier decisions.

By the end of this VILT course, the participants will be able to:

  • Understand the different types of 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 ‘hands on’ experience with modern methods, using WellDecommissioned Apollo software

The VILT course is intended for engineers and supervisors in Plug & Abandonment, well intervention, drilling, decommissioning managers,
performance managers, commercial & business planning support, and business finance managers.

  • Intermediate

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.