Fundamentals of Unitisation in Oil and Gas Production-OG 5012

9th April - 13th April 2018 (London, UK) 2nd July - 6th July 2018 (Dubai, UAE) 8th October - 12th October 2018 (London, UK)

Course Overview

Recently, emerging developments abound in the oil and gas industry and one of which is unitization as
a means of oil development and production. With increasing needs for production efficiency, cost
reduction techniques and alternative funding sources, unitization as a production methodology is
increasingly getting attention, consideration and acceptability.

Learning Outcome

The participants at the course will be able to:
 Discuss unitization as production concept
 Identify stakeholders and their roles
 Explain the accounting treatment and reporting
 Understand the underlying laws and regulations both locally and international

Indicative Contents

 Terminology, definitions and concepts
 Drafting Unitization agreement
 Unitization; operations and modalities
 Approaches / alternatives to unitization
 Equity determination and re-determination: conditions and procedure
 Unitization accounting and reporting
 Cross border issues and international law applications
More Detail
Duration 5 working days
Certification A certificate of completion is granted on successful completion of the programme.
Location Dubai-UAE, London-UK
Travel and accommodation Travel and accommodation to be paid for at source by delegates
Fees Course fee covering tuition, Materials and certification: £3,750.00 (excl. VAT) per delegate for 1 week.
Zenith Professional Training