This course is aimed at both managers, engineers and commercial specialist. It provides the participants with tools and practical techniques to identify, analyse and manage uncertainties and risk in exploration and production projects.
Delegates will have the opportunity to explore these challenges, with hands-on application of industry-standard tools and techniques to assess realistic scenarios and associated data. The essential commercial drivers are held in perspective at all times. Learning is reinforced by working on case material to explore uncertainties and risks in the context of production forecasting, cash-flow management, incremental projects and asset portfolio manipulation.