PETROENG 4022 - Integrated Field Development and Economics Project

North Terrace Campus - Semester 2 - 2023

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. The course covers all aspects of field development planning, commencing with screening studies, after discovering hydrocarbons, to project sanction. In particular, it is shown that the development planning phase has the potential to add maximum value, when compared to all other phases of the life cycle; as such this phase is most critical. These 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 value, often 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 development. 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 development of the optimum field development plan. Participants work in small teams and submit written reports. Students also present their results in front of an academic/industry panel.

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Course Details

Course Code	PETROENG 4022
Course	Integrated Field Development and Economics Project
Coordinating Unit	最新糖心Vlogn School of Petroleum & Energy Resources
Term	Semester 2
Level	Undergraduate
Location/s	North Terrace Campus
Units	3
Contact	Block-format course with integrated lectures and project work
Available for Study Abroad and Exchange	Y
Assumed Knowledge	Level I - IV PETROENG Courses
Assessment	Assignments, project (written and oral presentation)

Course Staff

Course Coordinator: Mrs Maria Gonzalez Perdomo

Course Timetable

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

Course Learning Outcomes

1	Apply workflows in major studies in petroleum engineering or petroleum geosciences.
2	Apply 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 teams where they are integrating their solution as part of a larger effort. Innovation and creativity are stressed in finding workable solutions.
4	Demonstrate the ability to work in teams with a high degree of interaction, communication and making presentations to a panel (academic and industry).
5	Outline the latest techniques on a real world problems and apply contemporary technologies.
6	Demonstrate the ability to complete extensive literature searches, including the use of the internet, in order to broaden their knowledge and to awaken their curiosity.
7	Employ a project management role, guiding their team. Students also have the opportunity to meet managers from the industry.
8	Explain safety, health and environmental issues and decide on how to appropriately deal with these.

最新糖心Vlog Graduate Attribute	Course Learning Outcome(s)
Attribute 1: Deep discipline knowledge and intellectual breadth Graduates have comprehensive knowledge and understanding of their subject area, the ability to engage with different traditions of thought, and the ability to apply their knowledge in practice including in multi-disciplinary or multi-professional contexts.	2, 3,7
Attribute 2: Creative and critical thinking, and problem solving Graduates are effective problems-solvers, able to apply critical, creative and evidence-based thinking to conceive innovative responses to future challenges.	1, 2, 3
Attribute 3: Teamwork and communication skills Graduates convey ideas and information effectively to a range of audiences for a variety of purposes and contribute in a positive and collaborative manner to achieving common goals.	3, 4
Attribute 4: Professionalism and leadership readiness Graduates engage in professional behaviour and have the potential to be entrepreneurial and take leadership roles in their chosen occupations or careers and communities.	3, 7
Attribute 5: Intercultural and ethical competency Graduates are responsible and effective global citizens whose personal values and practices are consistent with their roles as responsible members of society.	7, 8
Attribute 6: 最新糖心Vlogn Aboriginal and Torres Strait Islander cultural competency Graduates have an understanding of, and respect for, 最新糖心Vlogn Aboriginal and Torres Strait Islander values, culture and knowledge.	8
Attribute 7: Digital capabilities Graduates are well prepared for living, learning and working in a digital society.	5
Attribute 8: Self-awareness and emotional intelligence Graduates are self-aware and reflective; they are flexible and resilient and have the capacity to accept and give constructive feedback; they act with integrity and take responsibility for their actions.	3, 7

Learning & Teaching Modes

Lectures (typically 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 Task	Weighting %	Individual / Group
Presentation of the Development Plan	35	25/10
Development Plan Document (report)	65	25/40

In accordance with the Assessment for Coursework Programs Policy, Procedure 1a. i: An exemption from the stated requirement that group assessment activities total no more than 30% has been granted.

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 is to be advised.
Oral presentations, Development Exercise is to be advised.
Written reports, Appraisal Exercise are to be advised.
Written reports, Development Exercise are to be advised.

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 .

Student Feedback

The 最新糖心Vlog places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.

SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the 最新糖心Vlog to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.
Student Support
Policies & Guidelines
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Students are reminded that in order to maintain the academic integrity of all programs and courses, the university has a zero-tolerance approach to students offering money or significant value goods or services to any staff member who is involved in their teaching or assessment. Students offering lecturers or tutors or professional staff anything more than a small token of appreciation is totally unacceptable, in any circumstances. Staff members are obliged to report all such incidents to their supervisor/manager, who will refer them for action under the university's student鈥檚 disciplinary procedures.

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Authorised by:	Deputy Vice-Chancellor and Vice-President (Academic)
Maintained by:	Course Outlines Administrator

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