Setting the scene for success
Scope & intent of the course
Personal introductions & Expectations
Strategic Approach for Deepwater exploration – Setting the Scene
- Recognising the need for Deepwater exploration
- ESG and its influence on Deepwater Exploration Strategy
- Setting strategic goals and recognising the scale of the challenge
Long term planning
- What do you want from Deepwater exploration?
- What timeline/urgency is required
- What is the critical concern – CAPEX or Schedule?
- Setting up joint ventures
- Planning for appraisal in the event of a discovery
- Contracting and procurement considerations
Portfolio management exercise (breakout in teams)
- Team exercise to model the contribution from deepwater exploration
- Portfolio simulation with simple stochastic tool
- Recognise the outcomes with and without Deepwater exploration
Technical critical success factors
- Data quality and richness
- Seismic data – acquisition & processing
- Direct Hydrocarbon Indicators
- Non-seismic data
- Pressures and Seals
- Reservoir identification
- Petroleum systems modelling
Leadership
- Deepwater exploration Leadership – key requirements
- Managing upwards the risks and outcomes of Deepwater
- Managing costs and aligning CFO
Organisation & Operating Model
- Exploration Organisations & Competitor analysis
- Partnerships & Joint Ventures
- Operator or Non-Operator
- Capability in-house or outsourced
Capability & Competence Management
- Skills & Competence required for Deepwater exploration
- Developing competence
Closing session
- Lessons learned
- Reflect on expectations for the course
- Learning Methods or Course Approach
- Lectures
- Plenary discussions
- Breakout Sessions
- Target Audience / Industry
Team Leaders, Managers, and advisors in Exploration, New Ventures and Business Development.
Course Level
Intermediate and Advanced.