Last modified: 22 May 2019 17:07
This course provides a detailed overview of oil and gas field development from discovery to abandonment with particular focus on the decisions made prior to first production. The roles of uncertainties, economics considerations, safety and environmental impact on the design choices are explored.
|Session||Second Sub Session||Credit Points||15 credits (7.5 ECTS credits)|
This course provides the practical context for many of the other technical petroleum engineering courses already studied and mirrors the processes followed by oil and gas companies in selecting which opportunities to invest in and how to mature them. The methods used to compare different investment options and characterise uncertainty will be covered. By considering the input data required to perform such investment appraisal, students will be introduced to the challenges of getting hydrocarbons economically from the subsurface rock matrix to saleable products at the surface. The course takes a multi-disciplinary approach to show the integration of subsurface characteristics, well and completions design, surface facilities, petroleum economics and environmental impact in the preparation of a viable field development plan.
Information on contact teaching time is available from the course guide.
Continuous assessment (100%). Detailed breakdown will be provided at the beginning of the course.
Resit: As this is a group exercise there is no resit opportunity. Students who do not achieve the minimum pass mark at the first attempt would have to re-do the course the academic following year.
There are no assessments for this course.
a) Students can receive feedback on their progress with the Course on request at the weekly tutorial/feedback sessions and at the meeting of the design groups with the design supervisors.
b) Assessment grade and feedback comments will be provided on the interim design report.
c) Feedback on the oral presentation will be provided within one week of the presentation.