PETROENG 7070 - Integrated Field Development Planning and Economics Project
North Terrace Campus - Semester 2 - 2019
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General Course Information
Course Details
Course Code PETROENG 7070 Course Integrated Field Development Planning and Economics 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 6 Contact Approximately 90 - mixture of intensive-format lectures and class exercises with consultation & advice for project teams Available for Study Abroad and Exchange Y Incompatible PETROENG 7049, PETROENG 7054 Assumed Knowledge Content of the first 8 courses in the Master of Petroleum Engineering Program plus mathematics and physics typical of a BEng or BSc Program. Proj teams will be chosen to ensure team as a whole has assumed knowledge Assessment Examination, Written Project Reports & Project Presentations Course Staff
Course Coordinator: Professor Steve Begg
Part A - Professor Steve Begg
Part B - Teof RodriguesCourse Timetable
The full timetable of all activities for this course can be accessed from .
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Learning Outcomes
Course Learning Outcomes
On successful completion of this course students will be able to:
1 Understand the broader oil & gas industry context within which business decisions are made, including societal and ethical factors that impact organizational (public, private and national) business goals 2 Know (recall, define, describe) and comprehend (explain) the main concepts, terminology, tools/techniques and processes that are typically used in the O&G industry for economic evaluation and decision making 3 Apply the key ideas underlying the modelling tools and techniques (eg Net Cash Flows, Discounted Cash Flows, Decision Tree Analysis and Monte Carlo Simulation), by performing calculations (including in Excel) and interpreting their output 4 Calculate and interpret metrics that measure the economic value of a DCF and be able to use them in a decision-making process to make investment recommendations, both stand-alone and portfolio 5 Comprehend and construct workflows as applied to major studies in petroleum engineering or petroleum geosciences. 6 Take on responsibility for a role (technical or project management) in a diverse, multidisciplinary team requiring a high degree of interection and communication and the ability to integrate their component in the team's broader proposal 7 Search for, evaluate, analyse and synthesize/integrate multiple, real, industry data sets, representing multiple information types and sources. 8 Decide on how to appropriately deal with safety, health and environmental issues 9 Carry out extensive literature searches, including the use of the internet, in order to broaden their knowledge and to awaken their curiosity. Innovation and creativity are stressed in finding workable solutions, applying contemporary technology 10 Write a report delailing the elements of their proposed field development plan and an economic analysis of that plan - and make an oral presentation of it to a panel of academic and industry experts acting as "management"
The above course learning outcomes are aligned with the Engineers 最新糖心Vlog .
The course is designed to develop the following Elements of Competency:
最新糖心Vlog Graduate Attributes
This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:
最新糖心Vlog Graduate Attribute Course Learning Outcome(s) Deep discipline knowledge
- informed and infused by cutting edge research, scaffolded throughout their program of studies
- acquired from personal interaction with research active educators, from year 1
- accredited or validated against national or international standards (for relevant programs)
2,3,7,9 Critical thinking and problem solving
- steeped in research methods and rigor
- based on empirical evidence and the scientific approach to knowledge development
- demonstrated through appropriate and relevant assessment
3-7,9 Teamwork and communication skills
- developed from, with, and via the SGDE
- honed through assessment and practice throughout the program of studies
- encouraged and valued in all aspects of learning
6,10 Career and leadership readiness
- technology savvy
- professional and, where relevant, fully accredited
- forward thinking and well informed
- tested and validated by work based experiences
1-5,9,10 Intercultural and ethical competency
- adept at operating in other cultures
- comfortable with different nationalities and social contexts
- able to determine and contribute to desirable social outcomes
- demonstrated by study abroad or with an understanding of indigenous knowledges
6,8 Self-awareness and emotional intelligence
- a capacity for self-reflection and a willingness to engage in self-appraisal
- open to objective and constructive feedback from supervisors and peers
- able to negotiate difficult social situations, defuse conflict and engage positively in purposeful debate
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Learning Resources
Required Resources
PDFs of powerpoints and additional readings. Additional exercises.Online Learning
Powerpoints, Examples and Exercises (& their solutions) will be distributed on MyUni along with additional handouts.
Laptops will be provided for in-class Excel exercises
Good sources of help with learning are the downloadable learning guides (Writing, Effective Reading, Making Notes, Time Management, Exam Prep, etc) and links to other learning resources at -/writingcentre/resources/
The “Writing and Speaking at Uni” course will help with assignments. I can provide further tips on preparing presentations for those that would like them. -
Learning & Teaching Activities
Learning & Teaching Modes
No information currently available.
Workload
No information currently available.
Learning Activities Summary
No information currently available.
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Assessment
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
No information currently available.
Assessment Detail
No information currently available.
Submission
No information currently available.
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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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.
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Student Support
- Academic Integrity for Students
- Academic Support with Maths
- Academic Support with writing and study skills
- Careers Services
- Library Services for Students
- LinkedIn Learning
- Student Life Counselling Support - Personal counselling for issues affecting study
- Students with a Disability - Alternative academic arrangements
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Policies & Guidelines
This section contains links to relevant assessment-related policies and guidelines - all university policies.
- Academic Credit Arrangements Policy
- Academic Integrity Policy
- Academic Progress by Coursework Students Policy
- Assessment for Coursework Programs Policy
- Copyright Compliance Policy
- Coursework Academic Programs Policy
- Intellectual Property Policy
- IT Acceptable Use and Security Policy
- Modified Arrangements for Coursework Assessment Policy
- Reasonable Adjustments to Learning, Teaching & Assessment for Students with a Disability Policy
- Student Experience of Learning and Teaching Policy
- Student Grievance Resolution Process
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Fraud Awareness
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.
The 最新糖心Vlog of Adelaide is committed to regular reviews of the courses and programs it offers to students. The 最新糖心Vlog of Adelaide therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.