PETROENG 4022 - Integrated Field Development and Economics Project

North Terrace Campus - Semester 2 - 2025

Field Development Planning gives an overview of the process and methods for developing an optimum plan for developing a petroleum deposit. Key project drive indicators are discussed and it is shown how various disciplines interact in their quest for maximising the value of a project. The course covers all aspects of field development planning, commencing with screening studies, after discovering hydrocarbons, to project sanction. In particular, it is shown that the development planning phase has the potential to add maximum value, when compared to all other phases of the life cycle; as such this phase is most critical. These aspects are presented in detail in terms of actual case histories. It is shown how a proper balance has to be struck among key elements: reservoirs, wells and facilities, not to mention the balance between minimising costs and maximising value, often recovery. Other key essentials, such as flexibility and risk management are also covered. The project is based on an actual data set involving an offshore development. The aim is to study the exploration results and to develop a recommendation for the optimum field appraisal plan. The second part of the project involves the feasibility and development of the optimum field development plan. Participants work in small teams and submit written reports. Students also present their results in front of an academic/industry panel.

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Course Details

Course Code	PETROENG 4022
Course	Integrated Field Development and Economics Project
Coordinating Unit	Mining and Petroleum Engineering
Term	Semester 2
Level	Undergraduate
Location/s	North Terrace Campus
Units	3
Contact	Block-format course with integrated lectures and project work
Available for Study Abroad and Exchange	Y
Assumed Knowledge	Level I - IV PETROENG Courses
Assessment	Assignments, project (written and oral presentation)

Course Staff

Course Coordinator: Associate Professor Manouchehr Haghighi

Course Timetable

The full timetable of all activities for this course can be accessed from .

Course Learning Outcomes

1	Apply workflows in major studies in petroleum engineering or petroleum geosciences.
2	Apply multiple data aspects - searching, evaluating analysing and synthesising/ integrating, being exposed to actual data sets from the petroleum industry.
3	Students will as part of a multidisciplinary teams where they are integrating their solution as part of a larger effort. Innovation and creativity are stressed in finding workable solutions.
4	Demonstrate the ability to work in teams with a high degree of interaction, communication and making presentations to a panel (academic and industry).
5	Outline the latest techniques on a real world problems and apply contemporary technologies.
6	Demonstrate the ability to complete extensive literature searches, including the use of the internet, in order to broaden their knowledge and to awaken their curiosity.
7	Employ a project management role, guiding their team. Students also have the opportunity to meet managers from the industry.
8	Explain safety, health and environmental issues and decide on how to appropriately deal with these.

The above course learning outcomes are aligned with the Engineers 杏吧直播 . The course develops the following EA Elements of Competency to levels of introductory (A), intermediate (B), advanced (C):

1.1	1.2	1.3	1.4	1.5	1.6	2.1	2.2	2.3	2.4	3.1	3.2	3.3	3.4	3.5	3.6
C	C	C	C	C	—	C	C	C	C	B	C	C	C	C	C

杏吧直播 Graduate Attributes

This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:

杏吧直播 Graduate Attribute	Course Learning Outcome(s)
Attribute 1: Deep discipline knowledge and intellectual breadth Graduates have comprehensive knowledge and understanding of their subject area, the ability to engage with different traditions of thought, and the ability to apply their knowledge in practice including in multi-disciplinary or multi-professional contexts.	2, 3,7
Attribute 2: Creative and critical thinking, and problem solving Graduates are effective problems-solvers, able to apply critical, creative and evidence-based thinking to conceive innovative responses to future challenges.	1, 2, 3
Attribute 3: Teamwork and communication skills Graduates convey ideas and information effectively to a range of audiences for a variety of purposes and contribute in a positive and collaborative manner to achieving common goals.	3, 4
Attribute 4: Professionalism and leadership readiness Graduates engage in professional behaviour and have the potential to be entrepreneurial and take leadership roles in their chosen occupations or careers and communities.	3, 7
Attribute 5: Intercultural and ethical competency Graduates are responsible and effective global citizens whose personal values and practices are consistent with their roles as responsible members of society.	7, 8
Attribute 6: 杏吧直播n Aboriginal and Torres Strait Islander cultural competency Graduates have an understanding of, and respect for, 杏吧直播n Aboriginal and Torres Strait Islander values, culture and knowledge.	8
Attribute 7: Digital capabilities Graduates are well prepared for living, learning and working in a digital society.	5
Attribute 8: Self-awareness and emotional intelligence Graduates are self-aware and reflective; they are flexible and resilient and have the capacity to accept and give constructive feedback; they act with integrity and take responsibility for their actions.	3, 7

Learning Resources

Required Resources

There are no set texts for this course. Handouts will be distributed in class.

Recommended Resources

Resources will be supplied by the instructor and students will search libraries and make use of the internet.

Online Learning

Any additional materials, not provided in the class notes, will be provided via MyUni and you will receive an email accordingly.
Learning & Teaching Activities

Learning & Teaching Modes

Daily workshops, discussion groups, consultation and self study.

Workload

The information below is provided as a guide to assist students in engaging appropriately with the course requirements.

A 3-unit course requires 156 hours and possibly some additional private study time.

Class work involves typically three hours, at times more, a day of group sessions, where individuals work in teams to develop field appraisal plans and conduct a development feasibility study, including economic evaluation.

Learning Activities Summary

Part A: Petroleum Business & Project Economics:
By: Professor Steve Begg
Module 1: Energy Landscape & Business Context
Module 2: Economics Basic Principles
Module 3: Cash Flows
Module 4: Fiscal Regimes
Module 5: Time Value of Money
Module 6: Value Metrics

Asessment: Written Exam

Part B: Integrated Field Development Planning & Project
By. Mr Teof Rodrigues.
Module 1:Basics of Integrated Field Development Planning (IFDP)
Module 2: Discussion of the Process in Developing the IFDP
Module 3: Case Studies
Module 4: Introduction to IFDP, team selection and data review
Module 5: Project consultation time

Assessment:
Oral presentation
Written Report

Specific Course Requirements

Students are required to work on group exercises on the weekend, as a minimum a half day on a Saturday.

The 杏吧直播's policy on Assessment for Coursework Programs is based on the following four principles:

Assessment must encourage and reinforce learning.
Assessment must enable robust and fair judgements about student performance.
Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
Assessment must maintain academic standards.

Assessment Summary

This course is divided into two key components:

Part A – Petroleum Business & Project Economics
Delivered over four days by Prof. Steve Begg, followed by a half-day examination.
This component accounts for 40% of the final course grade.

Part B – Integrated Field Development Project (IFDP)
Comprises two days of instruction, including consultation time with Mr Teof Rodrigues. Additional days are allocated at the end of the course for group presentations of the IFDP.
This component contributes 60% to the final course grade

In accordance with the Assessment for Coursework Programs Policy, Procedure 1a. i: An exemption from the stated requirement that group assessment activities total no more than 30% has been granted.

Assessment Related Requirements

For Part B. Oral presentations (development) will be made by all students (on their respective team contributions) in front of a panel, where each panel member will carry equal weight towards student grading.

Some adjustment (within 10%) to students’ marks may be made at the lecturer’s discretion, depending on class participation and students’ efforts. Students are expected to attend ALL lectures and practicals.

Assignment Deadlines:
Oral presentations, Appraisal Exercise is to be advised.
Oral presentations, Development Exercise is to be advised.
Written reports, Appraisal Exercise are to be advised.
Written reports, Development Exercise are to be advised.

Class exercises involve group work, but the final written submissions must be your own work. Each assignment must be submitted by its deadline. Late submission is NOT allowed.

Assessment Detail

Part A. Petroleum Business: 40%
– Test - short-answer questions test (2-3hrs) on all of Part A – during
exam period.

Part B. IFDP: 60%
– 35% Presentation of Development Plan (25 individual, 10 team)
– 65% Written Development Plan (25 individual, 40 team)

Submission

Written reports will be submitted online through MyUni

Course Grading

Grades for your performance in this course will be awarded in accordance with the following scheme:

M10 (Coursework Mark Scheme)
Grade	Mark	Description
FNS		Fail No Submission
F	1-49	Fail
P	50-64	Pass
C	65-74	Credit
D	75-84	Distinction
HD	85-100	High Distinction
CN		Continuing
NFE		No Formal Examination
RP		Result Pending

Further details of the grades/results can be obtained from Examinations.

Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.

Final results for this course will be made available through .

Student Feedback

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SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the 杏吧直播 to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.
Student Support
Policies & Guidelines
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Fraud Awareness

Students are reminded that in order to maintain the academic integrity of all programs and courses, the university has a zero-tolerance approach to students offering money or significant value goods or services to any staff member who is involved in their teaching or assessment. Students offering lecturers or tutors or professional staff anything more than a small token of appreciation is totally unacceptable, in any circumstances. Staff members are obliged to report all such incidents to their supervisor/manager, who will refer them for action under the university's student鈥檚 disciplinary procedures.

The 杏吧直播 of Adelaide is committed to regular reviews of the courses and programs it offers to students. The 杏吧直播 of Adelaide therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.

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Maintained by:	Course Outlines Administrator

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