PETROENG 7043 - Integrated Field Development Planning & Economic Project

North Terrace Campus - Semester 2 - 2014

Field Development Planning gives an overview of the process and methods for developing an optimum plan for developing a petroleum deposit. Key project drive indicators are discussed and it is shown how various disciplines interact in their quest for maximising the value of a project. It covers all aspects of field development planning, commencing with screening studies, after discovering hydrocarbons, to project sanction. In particular, it is shown that this development phase has the potential to add maximum value, when compared to all other phases of the life cycle, as such it is most critical. Critical aspects are presented in detail in terms of actual case histories. It is shown how a proper balance has to be struck among key elements: reservoirs, wells and facilities, not to mention the balance between minimising costs and maximising recovery. Other key essentials, such as flexibility and risk management are also covered. The project is based on an actual data set involving an offshore project. The aim is to study the exploration results and to develop a recommendation for the optimum field appraisal plan. The second part of the project involves the feasibility and derivation of the optimum development plan. Participants work in small teams and will submit written plans and give presentations in front of a panel.

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Course Details

Course Code	PETROENG 7043
Course	Integrated Field Development Planning & Economic Project
Coordinating Unit	最新糖心Vlogn School of Petroleum & Energy Resources
Term	Semester 2
Level	Postgraduate Coursework
Location/s	North Terrace Campus
Units	3
Contact	Intensive short course of lectures, seminars
Assessment	assignments, project (written and oral presentation)

Course Staff

Course Coordinator: Prof Peter Behrenbruch

Course Timetable

The full timetable of all activities for this course can be accessed from .

Course Learning Outcomes

1	Students will obtain the knowledge of workflows as applied in major studies in petroleum engineering or petroleum geosciences.
2	Students will learn to deal with multiple data aspects - searching, evaluating analysing and synthesising/ integrating, being exposed to actual data sets from the petroleum industry.
3	Students will as part of a multidisciplinary team where they are integrating their solution as part of a larger effort. Innovation and creativity are stressed in finding workable solutions.
4	Students work in teams with a high degree of interaction, communicating among themselves and making presentations to a panel (academic and industry).
5	Students will be exposed to some of the latest techniques on a real world problem and are encouraged to apply contemporary technologies.
6	Students are encouraged to do extensive literature searches, including the use of the internet, in order to broaden their knowledge and to awaken their curiosity.
7	Students have the opportunity to take on a project management role, guiding their team. Students also have the opportunity to meet managers from the industry.
8	As part of their project students are exposed to safety, health and environmental issues and have to decide on how to appropriately deal with these.

最新糖心Vlog Graduate Attribute	Course Learning Outcome(s)
Knowledge and understanding of the content and techniques of a chosen discipline at advanced levels that are internationally recognised.	1
The ability to locate, analyse, evaluate and synthesise information from a wide variety of sources in a planned and timely manner.	2
An ability to apply effective, creative and innovative solutions, both independently and cooperatively, to current and future problems.	3
Skills of a high order in interpersonal understanding, teamwork and communication.	4
A proficiency in the appropriate use of contemporary technologies.	5
A commitment to continuous learning and the capacity to maintain intellectual curiosity throughout life.	6
A commitment to the highest standards of professional endeavour and the ability to take a leadership role in the community.	7
An awareness of ethical, social and cultural issues within a global context and their importance in the exercise of professional skills and responsibilities.	8

Learning & Teaching Modes

Lectures (typically 1-3 per day), discussion groups, consultation and self-study.

Workload

The information below is provided as a guide to assist students in engaging appropriately with the course requirements.

A 3-unit course requires 156 hours and possibly some additional private study time.

Class work involves typically three hours, at times more, a day of group sessions, where individuals work in teams to develop field appraisal plans and conduct a development feasibility study, including economic evaluation.

Learning Activities Summary

Day	Lectures and Activities
Day 1	Introduction (1)
	Case Histories 1: Reservoir Characterisation (2)
	Appraisal Exercise Briefing (A)
	Appraisal Exercise
	Reservoir Performance (3) – self-study
Day 2	Field Appraisal (4)
	Wells: Use and Design Concepts (5)
	BOD and Floating Offshore Facilities (6)
	Appraisal Exercise Continued
	Appraisal Exercise Presentations
	Resources and Reserves (7) – self-study
Day 3	Project Feasibility and Management (8)
	Economic Evaluation (9)
	Appraisal Exercise Debriefing and Development Exercise Briefing (B)
	Development Exercise
Day 4	Subsea Facilities (10)
	Fixed Offshore Structures (11)
	Project Risk: Facilities Examples (12)
Day 5	Gas Field Development (13)
	Deepwater Facilities (14)
	Development Exercise Continued
Day 6	Case History 2: Feasibility and Implementation (15)
	Development Exercise Continued
	Development Exercise Presentations
	Development Exercise Debriefing (C)

Specific Course Requirements

Students are required to work on group exercises on the weekend, as a minimum a half day on a Saturday.

The 最新糖心Vlog's policy on Assessment for Coursework Programs is based on the following four principles:

Assessment must encourage and reinforce learning.
Assessment must enable robust and fair judgements about student performance.
Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
Assessment must maintain academic standards.

Assessment Summary

Grading will be based on the following:

Appraisal Exercise (written report)
Appraisal Exercise (oral presentation)
Development Exercise (oral presentation)
Development Exercise (written report)

Assessment Related Requirements

Oral presentations (development) will be made by all students (on their respective team contributions) in front of a panel, where each panel member will carry equal weight towards student grading.

Some adjustment (within 10%) to students’ marks may be made at the lecturer’s discretion, depending on class participation and students’ efforts. Students are expected to attend ALL lectures and practicals.

Assignment Deadlines:
Oral presentations, Appraisal Exercise will take place on Wednesday, 8 October 2014.
Oral presentations, Development Exercise will take place on Monday, 13 October 2014.
Written reports, Appraisal Exercise are due on Monday, 27 October 2014 (4pm).
Written reports, Development Exercise are due on Monday, 10 November 2014 (4pm).

Class exercises involve group work, but the final written submissions must be your own work. Each assignment must be submitted by its deadline. Late submission is NOT allowed.

Assessment Detail

Appraisal Exercise (oral) during class: 5%
Appraisal Exercise (written report) after completion of course: 15%
Development Exercise (oral presentation) during class: 30%
Development Exercise (written report) after completion of course: 50%
Bonus points are given to project managers.

Submission

Written reports have to be submitted to the School’s office (level 2, Santos building) by the above mentioned deadlines (4 pm). Submissions must be in hardcopy and on a CD. Reports are also to be emailed to the course instructor in pdf format where file names should first mention the student’s surname (only), followed by “Appraisal Exercise” or “Development Exercise”

Course Grading

Grades for your performance in this course will be awarded in accordance with the following scheme:

M10 (Coursework Mark Scheme)
Grade	Mark	Description
FNS		Fail No Submission
F	1-49	Fail
P	50-64	Pass
C	65-74	Credit
D	75-84	Distinction
HD	85-100	High Distinction
CN		Continuing
NFE		No Formal Examination
RP		Result Pending

Further details of the grades/results can be obtained from Examinations.

Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.

Final results for this course will be made available through .

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