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Oil & Gas Fields Unitization

UNIT-EN-P
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Who should attend?

  • 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 - Duration : 0.25 Day

      • Context - Stakes.
      • Overview of current unitized oil developments.

  • RESERVES DEVELOPMENT UNDER AN UNITIZATION PROJECT - Duration : 0.25 Day

      • Principles.
      • Stakes and key factors.
      • Consequences in terms of development schemes.

  • UNITIZATION IMPLICATIONS - Duration : 0.5 Day

      • Political aspects.
      • Contractual aspects.
      • Economic aspects.
      • Fiscal aspects.

  • STRUCTURE OF AN UNITIZATION CONTRACT - 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.

More

Coordinator :IFP Training trainers having expertise and experience in oil field unitization.

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