A partner of excellencefor oil and gas professional development

Oil Fields Unitization

3 days EAM/UNITZ
Level
Proficiency
Audience
  • Managers from the public and the private sector with a minimum 5-year experience in technical or functional positions in the upstream Oil & Gas sector, having to deal with unitization cases or projects.
Purpose
  • To provide the participants with a comprehensive overview of the various parameters at stake in an oil field unitization project using real-case examples, in order for them to be able to take part in negotiations for oil field unitization contracts.
Learning Objectives
  • Upon completing the course, participants will be able to:
  • explain the various factors at stake in the case of an unitization project, both on a national perspective (cross permit) and a transnational perspective (cross country),
  • have a critical approach to the main provisions at stake in a unitization contract,
  • choose the best suitable type of contract.
  • take part in a negotiation team for unitization.
Prerequisite
  • Basic knowledge of the contractual framework of E&P and its main provisions.
Ways and means
  • Real-case studies.
  • Feedbacks from experts in the field of unitization.

INTRODUCTION 0.25 day
  • Context - Stakes.
  • Overview of current unitized oil developments.
RESERVES DEVELOPMENT UNDER A UNITIZATION PROJECT 0.25 day
  • Principles.
  • Stakes and key factors.
  • Consequences in terms of development schemes.
UNITIZATION IMPLICATIONS 0.5 day
  • Political aspects.
  • Contractual aspects.
  • Economic aspects.
  • Fiscal aspects.
STRUCTURE OF AN UNITIZATION CONTRACT 1 day
  • Main provisions.
  • Cross country case:
  • The boundary question.
  • Various types of contracts: Unitization, Commercial agreement, Joint Development Area.
  • Study case based on real-case examples.
CASE STUDIES BASED ON RECENT UNITIZED DEVELOPMENT CASES 1 day
2017 course calendar
Language Dates Location Tuition Register
May 10 - 12 Rueil €2,980 Online By email
Dec 06 - 08 Rueil €2,980 Online