Day 1: Exploration Trends and Benchmarking by Basin
- Conventional Exploration Performance and Trends by Basins (worldwide)
- Cost of Exploration Compared with the Value of New Field Discoveries
- Exploration Spend and Key Basins Including Shallow-Water, Deep-Water
- Opportunity Screening Through Benchmarking at Basin level
- Investment Decisions – Which Regions or Sectors Are Best to Explore
- Discovery and Development Costs and Full-Cycle Returns
- Interpreting Various Upstream Development Scenarios – Scenario Analysis (Qualitative and Quantitative)
Day 2: Streamlining Upstream Operations and How to Realise Savings
- Enhancing Early Phase Cost-Estimation with World Class Project Cost Estimation
- Improving Procurement Strategy with Historic Price Time Series Data and Forecasts
- Benchmarking Costs and Expenditure with Industry Peers to See Where CAPEX and OPEX Reduction Could Be Achieved Tangibly and Meaningfully
- Understanding Which Development Concepts Are Most or Least Affected by Specific Cost and Oil Price Drivers (e.g. Platform; Tension Leg Platform; Floating Production, Storage, and Offloading Vessels; and Other Structures)
- Assigning Activities and Resources to All Areas of an Asset from Maintenance of a Single Equipment to Any Corporate Overheads with Activity Based Costing (ABC) Methodology and Other Leading and Established Industry Costing and Accounting Methods
- Improving Maturity and Experience in Upstream Capital Efficiency – How Investment Dollars Can Work Harder in the Upstream Operations (E&P) and a Cost Efficient Upstream New Development
Day 3: Optimising Upstream Costs through Improved CAPEX and OPEX Discipline
- Structured and Effective Cost Management Discipline
- Improving Operational Efficiency in Field Development Planning in an Era of Low Oil Prices
- Hydrocarbon Management and Accounting Maturity
- The Impact of Lower Oil Prices on Supply-Demand Balance and the Resulting Outlook for Onshore and Offshore Rig and Equipment Rates Globally and Regionally
- Enabling Step Change Improvements in Upstream Efficiency, Productivity, and Effectiveness
- Cost Efficiency Through Extended Supply Chain at Granular Level to Achieve Long-Term Growth, Profitability and Competitive Advantage
Day 4: Upstream Detailed Cost Categories and Components
- Understanding Critically the Upstream Operations Supply Chain and Extended Supply Chain
- Upstream Direct and Indirect Cost Categories and Components
- Benchmarking and Baseline with Petroleum Industry Peers Cost – Oilfield Development
- Benchmarking and Baseline with Petroleum Industry Peers Cost and Cost Gaps Analysis – Pipelines
- Benchmarking and Baseline with Petroleum Industry Peers Cost and Cost Gaps Analysis – Surface Facilities
- Benchmarking and Baseline with Petroleum Industry Peers Cost and Cost Gaps Analysis – Water Management
- Gaps Analysis, Where, What and How to Improve in the Upstream Operations, Cost and Capital Management Including How to Transfer Cost Between Various Elements
Day 5: Enhancing Upstream Cost and Capital Efficiency
- Future Projects and areas for Cost Reduction
- Sustainable Cost and Capital Efficiency
- Which Cost Areas and Components That You Can Adopt from Benchmarking Against Current Trends and Demands of Petroleum Value Chain
- Suppliers and Contractors Matrix and Scorecard
- Information and Analytics That Will Enable Companies to Identify Business Opportunities and Business Development
- Integrated Cost Management Approach from FEED, FID, E&P Activities