PETROENG 7043 - Integrated Field Development Planning & Economic Project

North Terrace Campus - Semester 2 - 2016

The course information on this page is being finalised for 2016. Please check again before classes commence.

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 planning phase has the potential to add maximum value, when compared to all other phases of the life cycle, as such it 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 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 plan. Participants work in small teams and submit written plans; student presentations are made in front of an academic/industry panel.

  • General Course Information
    Course Details
    Course Code PETROENG 7043
    Course Integrated Field Development Planning & Economic Project
    Coordinating Unit Australian School of Petroleum
    Term Semester 2
    Level Postgraduate Coursework
    Location/s North Terrace Campus
    Units 3
    Contact Intensive short course of lectures, seminars
    Available for Study Abroad and Exchange N
    Restrictions Available to MPetrolEng students only (who started program prior to 2015)
    Course Description 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 planning phase has the potential to add maximum value, when compared to all other phases of the life cycle, as such it 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 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 plan. Participants work in small teams and submit written plans; student presentations are made in front of an academic/industry panel.
    Course Staff

    Course Coordinator: Prof Peter Behrenbruch

    Course Timetable

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

  • Learning Outcomes
    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.
    University Graduate Attributes

    No information currently available.

  • Learning Resources
    Required Resources
    There are no set texts for this course. Handouts will be distributed in class.
    Recommended Resources
    Resources will be supplied by the instructor and students will search libraries and make use of the internet.
    Online Learning
    Any additional materials, not provided in the class notes, will be provided via MyUni and you will receive an email accordingly.
  • Learning & Teaching Activities
    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.
  • Assessment

    The University's policy on Assessment for Coursework Programs is based on the following four principles:

    1. Assessment must encourage and reinforce learning.
    2. Assessment must enable robust and fair judgements about student performance.
    3. Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
    4. 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 to be advised.
    Oral presentations, Development Exercise 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 are to be submitted to the assignment boxes on level 2, Santos Petroleum Engineering 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 Access Adelaide.

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