As the complexities of real life systems increase so has to increase our understanding of them. Issues that are regularly arising in oil and gas exploration, production and transportation industries must be optimized in order to achieve increase in productivity and efficiency. Oil and gas industry requires constant innovation throughout the sector, update of present practices, and implementing new technological advances.
Process updates, innovation implementation usually interrupt existing projects and cause delays, although they are there to remove them, this causes frustration and difficulty in implementation. On other hand, not implementing innovation, reducing research and not updating processes, threatens sustainable profitability. Agent Based Simulation modeling ensures effective change implementation by enabling analysis, optimization, and experimentation in an environment that can fully capture the details of operations in risk free environment, companies can implement and analyze changes without interruption in production, the problems and risks can be identified and addressed in the beginning of the project, before they appear in real life implementation.
This training course will feature:
By the end of this training course, participants will be able to:
This Coventry Academy training course is designed for all professionals working in the field of data analysis, oil and gas exploration, extraction, project management in oil and gas, field development and petroleum engineering. It will greatly benefit:
This Coventry Academy training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes presentation of theoretical concepts, video lectures and many exercises that will be done through the guided work of the delegates themselves. The delegates will be able to use Personal Learning Edition of AnyLogic software and built the models themselves.