Operating Company/Service Company Dynamics: How E&P Gets Done - OSD

Discipline: Introductory and Multi-Discipline Training
Level: Foundation
Instructors who teach this course:
  • Dr. Satish K. Kalra
  • Mr. William (Bill) E. Powell

Related courses
Basic Petroleum Engineering Practices - BE
Basic Petroleum Technology - BPT
Exploration and Production Process Basics: Understanding the Petroleum Industry Value Cycle - EPB
About the course Designed For You will learn Course Content
About the course
This course will explain how oil and gas technology is transferred between service and operating companies and applied in real world situations. Attendees from operating companies and service companies will learn how to identify, evaluate, engage and manage each other's resources in the context of E&P projects. Issues are presented from a balanced perspective representing views of both service companies and oil/gas companies; they are two complimentary parts of one whole, and neither can succeed without the other.
Designed For
Entry level oil and gas company engineers and geoscientists, entry level service company field operations and sales staff, mid-career hires from outside the E&P industry, administrators and investors, national oil company staff contemplating closer working relationships with western service companies
You will learn
How To:
  • Understand operating companies and how they operate
  • Understand services companies and how they operate
  • Distinguish how company types effect dynamics
  • Improve E&P project planning and operations
  • Make knowledgeable cost-benefit decisions
  • Focus product development
Course Content
  • Types of operating and service companies
  • Central role of reserves for operating companies
  • Central role of technology for service companies
  • Operating/service company structures and motives
  • Managing joint operations
  • Planning and mobilization issues
  • Pricing structures
  • Risk/reward models
  • Collaboration
  • Research and development
  • e-Commerce in E&P