This program is an abbreviated version of IHRDC’s very popular international gas business workshop. It emphasizes the commercial, technical, financial and market aspects of upstream gas project development from host country agreement to exploration, reserves estimation and field development. The simulation game scenario takes place in one of three possible regions: Atlantic Basin, East Africa or Asia. Weekly learning includes three hours of e-Learning, one hour online with an IHRDC virtual mentor, who discusses the weekly assignment and introduces the gas business simulation session for that week.
$950 – $3,750
Technical, commercial, and operations personnel who seek an in-depth understanding of the Upstream Sector of the gas industry: technology, economics, project development process, markets and how they relate to the broader industry.
3-4 hours self-study and 1 hour online virtual mentored session per week for six continuous weeks.
e-Learning self-study, individual or team participation in a competitive simulation game with a virtual mentor.
e-Learning Solutions Mentored Sessions Learning Simulator
Individuals/teams explore, develop and produce a challenging gas exploration opportunity through 20 years of production. Best performing team wins the Team Prize.
Upstream Oil and Gas Agreements
Project Cash Flow Analysis
Gas Measurements, Gas Industry Structure and Pricing
Introduction to Simulation Scenario; Study the Impact of PSC Fiscal Terms and Commit to an Exploration Work program
Petroleum Geology and the Exploration Process
Design and Interpret Seismic Surveys; Identify Prospects
Drilling and Well Completions
Drill Exploration and Appraisal Wells; Characterize the Reservoir
Estimate Gas Resources and Reserves
Calculate Contingent Gas Resources Using Deterministic and Probabilistic Techniques; Establish Commercial Viability
Gas Field Design and Development
Field Development Planning; Design Well Placement and Surface Production Facilities
Mentor Summary of Gas Simulation Game Results