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About this Virtual Instructor Led Training (VILT)
Well abandonment of Oil and Gas installations is an inevitable part of the ‘Life of Field’ activities. It carries a very high cost with no commercial return, and it is also the most expensive part of upstream decommissioning.
This 2 half-day Virtual Instructor Led Training (VILT) course is specifically designed to give the participants a clear understanding of the engineering and cost estimations for well abandonment projects, with potential opportunities identified and risks mitigated. Innovative data-driven software is used to quantify and optimise the project scope and well abandonment cost estimates at the earliest stage. This provides a powerful ‘link’ between well abandonment engineering and cost estimation. This method is adopted by major oil operators and companies involved in the supply chain in Europe, Asia and Australia to improve the basis for more effective decision making.