Oil & Gas Services and Consulting
Oil and Gas Training Courses
At Cowrie+ we believe that Oil and Gas competency training are better handled by practitioners who understand the principles and applications of the subject matter. In this regard, we leverage the expertise of industry professionals who have consistently applied the principles being taught in class and can make a real world connection between the white board and the oil field. The range and depth of our training offerings are continually being improved to help participants improve on their careers and make them valuable contributors at work
Basic Economics
A one week course focused on developing/updating competencies in the fundamentals of oil and gas economics. A part of this training is focused on basic cash flow calculations
Target: Engineers, managers, planners, economists, analysts
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Economic Principles including Cash Flow, Depreciation, Time Value of Money etc.
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Economic Indicators including NPV, ROR, Investment Ratios etc.
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Real and Nominal Economics
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Introduction to Fiscal Systems: Royalty Tax, Production Sharing and Service Contracts
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Introduction to Portfolio Analysis
Petroleum Economics, Risk and Uncertainty Analysis
This course is designed for more experienced engineers, managers, corporate planners etc. It builds on the modules of the basic economics class and extends into in-depth understanding of fiscal systems, and risk and uncertainty analysis. Course is case study intensive.
Target: Engineers, managers, planners, economists, analysts
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Overview of Basic Economic Theories
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Comparison of Risk vs. Uncertainty
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Uncertainty Over A Project Life Cycle
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Uncertainty Techniques- Sensitivity & Scenario Analysis, Expected Value, Decision Trees
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Portfolio Analysis: Project Consolidation, Ring Fencing, Incremental Economics, Portfolio Optimization
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Principles of Monte Carlo Simulation
Corporate Planning, Decision and Uncertainty Analysis for Oil and Gas Executives
A mid to senior management level economics and decision analysis course to help middle to senior level personnel better manage the Oil and Gas enterprise understand or hone their skills in the principles and practices of corporate portfolio planning and decision analysis. Managers are able to understand the economic indicators to look for in optimizing assets and the corporate portfolio
Target: Senior executives , middle to senior level managers, corporate planners, commercial analysts
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Economic Principles and Indicators
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Fiscal Systems
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Risk and Uncertainties- Sensitivity & Scenario Analysis, Expected Value, Decision Trees
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Portfolio Analysis
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Introduction to Dialogue Decision Process
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Managing Uncertainties in Acquisition and Divestiture
Reserves Recognition: Understanding PRMS Principles and SEC Rules
A unique course for professionals responsible for, or aiming to develop skills in, reserves reporting. Participants are exposed to Petroleum Reserves Management System principles and SEC rules governing the reporting of oil and gas reserves.
Target: Reservoir engineers, geologists, reserves managers, corporate reserves engineers, commercial analysts
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Introduction to PRMS Principles
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Reserves vs. Resources & Prospects
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Classification and Categorization
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Proved, Probable and Possible Reserves
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Reserves Status: PDP, PUD, PDNP,
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Contingent Resources
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SEC Rules
Exceptional Presentation-
Corporate Story Telling
Principles and Practices of Reservoir Management
This course is taught with great emphasis on case studies and practical aspects of integrated management of the reservoir. Participants learn the essence of interdisciplinary reservoir management practices and practical integrated approach in efficiently managing the reservoir.
Target: Asset managers, reservoir engineers, production engineers
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Overview of Reservoir Management Process
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Reservoir Management Team
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Data Management
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Reservoir Description
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Depletion Planning
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Wellbore Utilization Plan
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Modeling
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Operating Plan
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Reservoir Surveillance
Unitization and Joint Development of Reservoirs
Participants gain an in-depth understanding of the principles, practices, problems and solutions in unit formation, negotiation of participation factors and operating agreements discussed from the technical and legal stand points including the role of governmental agencies in consent and oversight.
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Introduction to Unitization
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Unit Negotiations
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Unit Operating Agreement
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Unit Accounting Procedures
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Government regulation of units
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Joint Development Areas- Cross asset and cross boundary issues
Effective communication is a prerequisite skill in today’s corporate world. Great leaders are great communicators. Often times however, stage fright, a lack of understanding of the audience and the subject, improper body language and ineffective visuals make communication drudgery. This is where we help!
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Our training program sets out by evidencing the raw presentation skills of participants on the first day, and thereafter takes them through a rigorous, hands-on training using real work life examples.