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E & P contract Management

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E & P contract Management

4(39)
1 enrolled
1142 views
₹ 4999
16 hrs
Next month
English , Hindi
Dr Milap Goud
Dr Milap GoudFounder and Instructor
  • 7-day money-back guarantee
  • Session recordings included
  • Certificate of completion
Volume pricing for groups of 5+

Why enroll

Exploration and Production - Contract Management

The participants will get good exposure and understanding of various tools and techniques of contract management in all segments in general and drilling in particular. The knowledge gained can be transformed in real life contract management and create a value-added atmosphere, both for contractor and operator - a win- win situation for all.

Is this course for you?

You should take this if

  • You work in Oil & Gas
  • You're a Geoscience / Petroleum professional
  • You have 3+ years of hands-on experience in this field
  • You prefer live, instructor-led training with Q&A

You should skip if

  • You're new to this field with no prior experience
  • You need a different specialisation outside Geoscience
  • You need fully self-paced, on-demand content

Course details

Objectives:

Exploration and Production - Contract Management

The participants will get good exposure and understanding of various tools and techniques of contract management in all segments in general and drilling in particular. The knowledge gained can be transformed in real life contract management and create a value-added atmosphere, both for contractor and operator - a win- win situation for all.

Course Duration- 2 days (14 to 16 hr)

Content:

Evolution and early development, strategies of framing a contract, master service agreement, insurance, types of contracts, claim settlements, conflict resolution, salvage, writing the SOW, bid evaluation, art of negotiation, award of contract, monitoring the execution of awarded contract, contract closure, termination provision

Course suitable for

Key topics covered

Key topics Covered:

  • Evolution and early development,

  • Strategies of framing a contract

  • Master service agreement

  • Insurance

  • Types of contracts

  • Claim settlements

  • Conflict resolution,

  • Salvage

  • Writing the SOW,

  • Bid evaluation

  • Art of negotiation

  • Award of contract

  • Monitoring the execution of awarded contract

  • Contract closure

  • Termination provision

Opportunities that await you!

Career opportunities

Training details

This is a live course that has a scheduled start date.

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Industry-aligned courses, expert training, hands-on learning, recognized certifications, and job opportunities-all in a flexible and supportive environment.

What learners say about this course

Rudra Sorte
Rudra Sorte Engineering
Feb 25, 2026

This course turned out to be more technical than I anticipated. The sections on drilling fluid rheology and wellbore stability went beyond surface-level definitions and actually tied properties like yield point and gel strength back to hole cleaning and ECD management. That helped fill a gap left from earlier field exposure where mud checks were routine but not always fully understood. One challenge was keeping up with the environmental and regulatory discussion, especially around disposal limits and fluid selection trade‑offs. That part moved fast and assumed some prior familiarity with compliance frameworks in oil and gas operations. Still, it was relevant, particularly for offshore or sensitive land rigs. What stood out was the practical framing around fluid selection and troubleshooting. The takeaway that stuck was how small changes in mud composition can directly impact shale inhibition and torque-and-drag trends. That insight was immediately applicable on a current well where cuttings recovery had been inconsistent, and it prompted a more informed discussion with the mud engineer. The course didn’t shy away from real constraints like cost, logistics, and monitoring limitations. Overall, it felt grounded in real engineering practice.

Mostafa Mohamed Elsayed
Mostafa Mohamed Elsayed Geologist Engineer
Feb 25, 2026

Coming into this course, I had some prior exposure to the subject from field operations and a couple of rig-based mud schools. The overview did a decent job tying fundamentals like drilling fluid rheology and wellbore stability back to actual oil and gas drilling scenarios, especially when ECD management and shale inhibition were discussed together. That linkage often gets lost in day-to-day operations where fluids and drilling teams work in silos. One challenge was the pace around environmental regulations and fluid measurement standards. The content was solid, but mapping those requirements to different regions and operator practices took some effort, particularly when thinking about offshore discharge limits versus typical onshore practices. A few edge cases, like HPHT wells with narrow mud windows, highlighted how small rheology changes can cascade into torque, drag, and hole-cleaning problems at the system level. A practical takeaway was a more structured approach to daily mud checks—looking beyond density and funnel viscosity to trends in gel strengths and filtration, which aligns better with how leading operators manage drilling risk. Compared with some vendor-led courses, this felt more balanced and closer to how fluids decisions impact overall well performance. The content felt aligned with practical engineering demands.

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Sateesh Kumar Yadav PhD
Feb 25, 2026

This course turned out to be more technical than I anticipated. The sections on drilling fluid rheology and wellbore stability went beyond slide-level theory and actually tied viscosity profiles, gel strengths, and ECD back to hole cleaning and fracture gradients, which is closer to how problems show up on a rig. Discussion around water‑based vs oil‑based mud systems reflected current oil and gas practices, including the tradeoffs around shale inhibition, disposal limits, and regulatory compliance. One challenge was keeping up with the breadth of topics in a short format. Jumping from mud composition to environmental impact, then into automation and monitoring, required some mental context switching. A few edge cases—like HPHT wells where standard rheology models break down or lost circulation scenarios where mud weight alone isn’t the fix—could have used deeper treatment, especially compared to how service companies handle these in the field. A practical takeaway was a clearer framework for troubleshooting mud-related wellbore instability by linking fluid properties to formation response instead of treating them in isolation. From a system-level view, the emphasis on fluid management decisions impacting drilling performance, NPT, and long-term well integrity was useful. I can see this being useful in long-term project work.

Olufemi David
Olufemi David Drilling fluid Engineer
Feb 25, 2026

This course turned out to be more technical than I anticipated. The sections on drilling fluid rheology and wellbore stability went beyond surface-level definitions and got into how yield point, gel strength, and filtration actually affect hole cleaning and ECD in real wells. Coming from an operations background in oil and gas, that helped close a gap between what the mud reports say and what’s happening downhole. One challenge was keeping up with the amount of terminology packed into a short overview, especially around fluid loss control additives and environmental compliance requirements. A bit of self-review was needed to connect everything. Still, the examples tied back to field conditions like shale inhibition problems and barite sag, which made it relatable to current projects. A practical takeaway was a clearer method for evaluating mud performance during drilling rather than relying blindly on daily lab numbers. That’s already useful for conversations with mud engineers on the rig. The brief discussion on future courses was less relevant to immediate needs, but the core content filled a real knowledge gap. I can see this being useful in long-term project work.

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Questions and Answers

Q: You're reviewing a vendor GA during a lump-sum EPC dispute and you google "separator GA drawing nozzle orientation contract responsibility". The GA shows a 3-phase separator with inlet nozzle tagged N1 at 0° elevation, while the datasheet specifies tangential inlet at 90°. Contract says GA governs unless it violates datasheet performance guarantees. What contractual position is technically defensible?

A: A tangential inlet isn't decoration; it's bound to droplet breakup, residence time, and carryover. Option B sounds reasonable if you're thinking pressure vessel code only, but the contract ties performance to datasheet parameters, not shell strength. Option C mixes governance with technical cause — MOC doesn't transfer vendor non-compliance risk. Option D fails because P&IDs rarely define inlet geometry; they define connectivity and safeguards, not hydrodynamics.