| Date | Venue | Fees | |
|---|---|---|---|
| 07 - 11 Dec 2026 | London - UK | $ 5,950 | |
| 21 - 25 Dec 2026 | Houston - USA | $ 7,950 | |
| 18 - 22 Jan 2027 | London - UK | $ 5,950 | |
| 29 Mar - 02 Apr 2027 | Kigali - Rwanda | $ 5,950 | |
| 29 Mar - 02 Apr 2027 | Online | $ 4,950 | |
| 05 - 09 Jul 2027 | London - UK | $ 5,950 | |
| 09 - 13 Aug 2027 | Dubai - UAE | $ 5,950 | |
| 09 - 13 Aug 2027 | Online | $ 4,950 | |
| 20 - 24 Dec 2027 | London - UK | $ 5,950 |
Introduction
This Oil & Gas Asset Management training course equips professionals with the knowledge and capabilities required to evaluate, develop and manage upstream petroleum assets throughout their operational lifecycle. Effective asset management involves integrating technical, commercial, financial and operational considerations to maximise the value of oil and gas resources. Participants will examine the relationships between exploration, appraisal, field development, production and energy markets while learning how investment decisions influence asset performance and long-term profitability. The course emphasises a structured approach to managing upstream assets, balancing resource potential, financial returns, operational risks and sustainable development responsibilities.
The training course examines upstream asset management principles, project investment analysis, exploration and appraisal decisions, field development planning and asset optimisation. Participants will explore economic evaluation techniques, including discounted cash flow, Net Present Value (NPV), Internal Rate of Return (IRR) and sensitivity analysis. Particular attention is given to well planning, resource estimation, reservoir modelling, contractor selection and the evaluation of development alternatives. The course also considers market conditions, infrastructure requirements, production strategies and environmental responsibilities. By connecting technical asset evaluation with commercial and investment decisions, participants will develop a more integrated understanding of how to improve asset performance and maximise value throughout the producing life of an oil and gas field.
This GLOMACS Oil & Gas Asset Management training course will highlight:
- Understanding upstream asset management and energy value chains
- Evaluating petroleum investments and project financial viability
- Managing exploration, appraisal and drilling investment decisions
- Assessing field development and reservoir management strategies
- Integrating HSE and sustainability into asset decisions
- Optimising upstream asset performance and long-term value
Objectives
By the end of this Oil & Gas Asset Management training course, participants will be able to:
- Evaluate the principles and commercial considerations of upstream asset management.
- Apply economic evaluation techniques to petroleum investment decisions.
- Assess exploration and appraisal well planning and investment requirements.
- Evaluate field development alternatives and reservoir performance forecasts.
- Integrate market conditions, infrastructure and operational risks into asset decisions.
- Develop approaches to improving production performance and asset value.
Training Methodology
This Oil & Gas Asset Management training course combines expert-led presentations, upstream petroleum examples, investment evaluation exercises and structured discussions. Participants will examine project cash flows, drilling investment decisions, field development alternatives and production optimisation scenarios. Practical examples will demonstrate how technical assessments, market conditions and economic considerations influence upstream asset decisions. The methodology emphasises integrating subsurface, operational and commercial information to support effective asset planning and management.
Organisational Impact
Organisations will benefit from:
- Stronger integration of technical and commercial asset decisions
- Improved evaluation of upstream investment opportunities
- Better planning of exploration and field development activities
- More informed allocation of capital and development resources
- Improved consideration of HSE and sustainability obligations
- Greater focus on production optimisation and asset profitability
Personal Impact
Participants will develop:
- Greater understanding of upstream oil and gas asset management
- Improved capability in petroleum project economic evaluation
- Stronger knowledge of exploration and appraisal decisions
- Better understanding of field development and reservoir planning
- Greater confidence in assessing petroleum market implications
- Improved ability to evaluate asset optimisation opportunities
Who should Attend?
This GLOMACS Oil & Gas Asset Management training course is specifically designed for professionals directly responsible for upstream petroleum asset planning, development, investment evaluation and production optimisation, including:
- Upstream Asset Managers
- Oil and Gas Asset Development Managers
- Exploration and Appraisal Managers
- Field Development Managers and Engineers
- Reservoir Engineers involved in asset development planning
- Petroleum Economists
- Upstream Investment and Project Evaluation Professionals
- Production Asset Planning Professionals
- Upstream Portfolio Management Professionals
Overview of Upstream Asset Management
- Understanding oil, gas and power value chains
- Principles and scope of upstream asset management
- Managing assets across the upstream lifecycle
- Integrating upstream assets with downstream markets
- Comparing oil and natural gas market characteristics
- Identifying market opportunities for petroleum production
HSE and Energy Project Investment Analysis
- HSE considerations in upstream asset management
- Sustainable development and environmental responsibilities
- Economic evaluation of upstream energy investments
- Time value of money and discounted cash flow
- Net Present Value (NPV) and Internal Rate of Return (IRR)
- Sensitivity analysis for investment decisions
Exploration and Appraisal Well Decisions
- Developing exploration and appraisal well plans
- Selecting well sampling and evaluation methods
- Preparing Authorisations for Expenditure (AFE)
- Drilling permit applications and regulatory requirements
- Preparing Requests for Proposals (RFPs) for drilling services
- Evaluating contractor bids and selection criteria
Field Development Decisions
- Developing geological models and estimating resources
- Preparing field drilling and well completion plans
- Building reservoir models for development planning
- Forecasting reservoir performance under natural depletion
- Evaluating reservoir drive mechanisms and recovery options
- Assessing enhanced recovery and artificial lift strategies
Upstream Asset Optimisation
- Evaluating infrastructure development and investment decisions
- Analysing crude oil markets and commercial opportunities
- Assessing natural gas markets and pricing considerations
- Evaluating natural gas liquids markets and product value
- Optimising production and operating decisions throughout field life
- Integrating technical and commercial factors into asset optimisation
- Upon successful completion of the classroom-based training course, GLOMACS Certificate will be awarded to the delegates. Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance
- Upon successful completion of the online training course, a GLOMACS Certificate will be awarded to all delegates. Guided Learning Hours – In accordance with ISO 9001:2015–certified quality management standards, one Guided Learning Hour is awarded for every 60 minutes of attendance.
