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.
Public :
Managers et executives 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.
Level :Skilled
Prerequisite :
Basic knowledge of the contractual and economic environment of E&P.
Course Content
INTRODUCTION
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Duration : 0.25 Day
Context - Stakes.
Overview of current unitized oil developments.
RESERVES DEVELOPMENT UNDER AN UNITIZATION PROJECT
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Duration : 0.25 Day
Principles.
Stakes and key factors.
Consequences in terms of development schemes.
UNITIZATION IMPLICATIONS
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Duration : 0.5 Day
Political aspects.
Contractual aspects.
Economic aspects.
Fiscal aspects.
STRUCTURE OF AN UNITIZATION CONTRACT
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Duration : 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
Learning Objectives
Attendees will be able to implement the following skills:
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.
Ways & Means
Real-case studies.
Feedbacks from experts in the field of unitization.
Learning assessment
Participants will be evaluated during the training through quizzes and case studies.
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Coordinator :IFP Training instructors, with expertise in the field and trained in modern teaching methods adapted to the specific needs of learners from the professional world.
To French entities : IFP Training is referenced to DataDock ; you may contact your OPCO about potential funding.
Please contact our disabled persons referent to check the accessibility of this training program : referent.handicap@ifptraining.com
IFPT Account
