BEGIN:VCALENDAR VERSION:2.0 METHOD:PUBLISH PRODID:-//Tendenci - The Open Source AMS for Associations//Tendenci Codeba se MIMEDIR//EN BEGIN:VEVENT DESCRIPTION:--- This iCal file does *NOT* confirm registration.\r\nEvent d etails subject to change. ---\r\nhttps://www.spegcs.org/events/1423/\r\n\r \nEvent Title: SPEI: Asset Management - Tools, Process and Practice\r\nSta rt Date / Time: Feb 09, 2010 08:00 AM US/Central\r\nLocation: SPE Houston Office Training Centre\r\nSpeaker: Alok Jain\r\nGoogle\r\nhttp://maps.goog le.com/maps?q=10777+Westheimer+Rd+Suite+1075,Houston,TX,77042\r\n\r\nForec ast\nhttp://www.weather.com/weather/monthly/77042\r\n\r\n\r\nIntended Audi ence\r\nReservoir engineers, drilling engineers, facilities engineers, pro ject engineers, project managers, petroleum engineers, production operatio ns engineers &\; managers, geologists, geophysicists, negotiators, comm ercial managers, asset managers, multi-disciplinary team leaders, and mana gement\r\nDescription\r\nDefining an asset as an exploration license, a di scovery, or a producing oil or gas field including all the infrastructure, facilities, equipment, and services, asset management begins with acquisi tion of the exploration license and continues through exploration, apprais al, development, production, and abandonment. Successfully managing the as set with a view to maximizing its value requires developing a plan, extrao rdinary attention to discipline quality &\; integration, a careful mana gement of handovers in lifecycle phases, and a rigorous discipline to cont inuously improve by conducting well planned post audits.\r\nThe instructor has over 30 years of extensive domestic and international experience in m any aspects of asset development and management and offers his life time e xperiences by describing the tools and process used in the development of an asset management plan using a real life example and concludes by highli ghting mistakes that are frequently made and often lead to significant ero sion in value and a vicious cycle of re-learning the same lessons over and over again.\r\nTopics Covered\r\n•\; Defining the contents of an Ass et Management Plan\r\n•\; Providing an Asset Management context by ex amining External Factors such as fiscal terms, host government policies, r egulatory requirements, partner’\;s and other stakeholders concerns, macroeconomic factors including prices of products and goods and services, and Internal Factors such as company policies, external commitments, reso urces, decision process and criteria, roles and responsibilities, authorit y guidelines, rewards, budgeting process and budget constraints\r\n•\ ; Describing Asset Management Process, key decisions, decision criteria, a nd deliverables required for the decisions\r\n•\; Multi-disciplinary team members roles, and information needed from each discipline in various stages of the asset life cycle\r\n•\; Managing and monitoring discip line quality\r\n•\; Overview of Asset Management Tools –\; Decis ion Mapping, Front End Loading, Decision and Risk Analysis, Value of Infor mation, and Value Improving Practices\r\n•\; Explaining asset managem ent process and tools with a field example\r\n•\; Role of benchmarkin g, post auditing and continuous improvement\r\n•\; Examples of mistak es that are frequently made in managing assets\n\n--- This iCal file does *NOT* confirm registration.Event details subject to change. ---\r\n\r\n--- By Tendenci - The Open Source AMS for Associations ---\r\n UID:uid1423@spegcs.org SUMMARY:SPEI: Asset Management - Tools, Process and Practice DTSTART:20100209T140000Z DTEND:20100210T230000Z CLASS:PUBLIC PRIORITY:5 DTSTAMP:20240329T152034Z TRANSP:OPAQUE SEQUENCE:0 LOCATION:SPE Houston Office Training Centre X-ALT-DESC;FMTTYPE=text/html:
Reservoir engineers, dri lling engineers, facilities engineers, project engineers, project managers , petroleum engineers, production operations engineers &\; managers, ge ologists, geophysicists, negotiators, commercial managers, asset managers, multi-disciplinary team leaders, and management
Defining an asset as an exploration license, a discovery, or a producing oil or gas field including all the infrastructure, faciliti es, equipment, and services, asset management begins with acquisition of t he exploration license and continues through exploration, appraisal, devel opment, production, and abandonment. Successfully managing the asset with a view to maximizing its value requires developing a plan, extraordinary a ttention to discipline quality &\; integration, a careful management of handovers in lifecycle phases, and a rigorous discipline to continuously improve by conducting well planned post audits.
The in structor has over 30 years of extensive domestic and international experie nce in many aspects of asset development and management and offers his lif e time experiences by describing the tools and process used in the develop ment of an asset management plan using a real life example and concludes b y highlighting mistakes that are frequently made and often lead to signifi cant erosion in value and a vicious cycle of re-learning the same lessons over and over again.
Top ics Covered
& #8226\; Defining the contents of an Asset Management Plan
•\; Providing an Asset Management context by examining External Factors < /font> such as fiscal terms, host government policies, regulatory requirements, partn er’\;s and other stakeholders concerns, macroeconomic factors includi ng prices of products and goods and services, and Internal Factors such as co mpany policies, external commitments, resources, decision process and crit eria, roles and responsibilities, authority guidelines, rewards, budgeting process and budget constraints
•\; Describing Asset Management Process, key decisions, decision criteria, and deliverables req uired for the decisions
•\; Multi-disciplinary team m embers roles, and information needed from each discipline in various stage s of the asset life cycle
•\; Managing and monitoring discipline quality
•\; Overview of Asset Management Tools –\; Decision Mapping, Front End Loading, Decision and Risk Anal ysis, Value of Information, and Value Improving Practices
•\; Explaining asset management process and tools with a field exampl e
•\; < font face="Arial" size="2">Role of benchmarking, post auditing and continu ous improvement
•\; Examples of mistakes that are frequently made in managing assets