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Each program participant will get 1 year free individual license access to a Program Domain Specific AI System to Answer his job related queries
CPD400-2
2 Week Online Instructor Lead Process Approach Training

Petroleum Drilling Contract Processes
Understanding, Administering & Drafting Process by Process

Building Process-by-Process Skills & Competencies in

  1. Drilling Risks Assignment
  2. Drafting Enforceable Contract Conditions
  3. Contract Administration that Helps Meet Objectives
  4. Benchmarked to IADC, API and other Industry Standard Contracts
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3 Week Advanced Training Workshop Dates

1 Week On-Line Training Programs
2nd & 4th Monday of Month



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What is Covered in this Program?

  1. This Work Process Skills program provides understanding of Oil & Gas Drilling Substantial Commercial, Technical, Safety and Community related Risks and how they are typically assigned between the stakeholders.

  2. This Job Process Competency program will further show how risks change from Wild Cat Wells to Production Wells and what provisions need to be added to clarify risks and liabilities.
    This Job Process Competency program will briefly discuss the process of Contracting Out Drilling Oil & Gas wells to Specialist and well-Resourced Drilling Contractors.
    This Job Process Competency program will provide the required multi-discipline multi-stakeholder knowhow to help your organization meet the operational and strategic objectives on drilling contracts.

  3. Drilling Contracts define the rights and responsibilities of the parties. The contracts mention situations, under which the contractor will be entitled to reimbursement of his losses or recoverable costs. These situations need to be administered carefully to prevent unrecoverable costs being charged by the Drilling Contractor.

  4. Industry Standard Contracts referenced include IADC, API and others.

  5. The E&P operator or field owner provides to drilling contractor information and data on the site, permits, access to site, some materials as mentioned in contract, and, expected and maximum depths to be drilled. Drilling Contractors are expected to have the required professional expertise and judgement, perform diligently and to good professional standards.

  6. Safety and Accident Incidents are recorded and documented. Major Risks are often covered by Insurance. Blowout is usually the responsibility of the Operator. Responsibility for Lost circulation and any redrilling requirements depends on specific circumstances, Supervisory Control and Contract.
    This Job Process Competency program will provide the participant a detailed Process Level Understanding of the Contractual and management aspects of each of the above-mentioned processes and events.
    Sometimes the drafted special conditions are modified on a drilling project to assign additional responsibility and risk on a stakeholder. These risks do not get effectively transferred unless the related decision making, contract administration and disclosures are effectively performed. This Work Process Skills program provides the participants the necessary understanding and knowhow.
    The program will also discuss the effective Contract Administration, Data and Information sharing and Mitigation Steps required to ensure your organization's liabilities of Oil & Gas Drilling Contracts are not avoidably Increased.
    This Job Process Competency program will also discuss Contract Administration Good and Best Practices to ensure Drilling Risk Events are Adequately Documented, Mitigated and Rapidly Resolved to avoid increasing their impacts on the Stakeholders.
    This Work Process Skills program benchmarks its discussions with IADC, API and other Oil & Gas Industry Standard Contracts

Who Should Attend

  1. This Work Process Skills program is intended for Oil & Gas Drilling Contract Administrators, Professionals, Project Managers, Legal Department, Consultants and Coordinating Executive Managers.
  2. This Program will also benefit Drilling Project Operational Auditors, Finance Staff and Drilling Planning Professionals.

PROGRAM CONTENT
(Ai & Data Analytics Leveraged)

Petroleum Drilling Contract Processes
Understanding, Administering & Drafting Process by Process


  1. Understanding the Business Aspects of Drilling for Oil & Gas
  2. Understanding Drilling Operational & Strategic Objectives
  3. Administering Request for Approval of Drilling Contractors & Sub Contractors
  4. Drilling Contractor Procurement Process & Stakeholders
  5. Sharing of Data and Information by the Stakeholders
  6. Drilling Financial Risks
  7. Drilling Technical Risks
  8. Drilling Operational Mitigation Risks
  9. Risk Distribution Options (1) Daywork or Footage Contracts (2) Turnkey Contracts (3) Mixed Contracts
  10. Understanding the Drilling Contracts and Risks Sharing by the Stakeholders
  11. Industry Standard Contracts IADC, API and others
  12. The Right and Wrong Ways to Customize Standard Drilling Contracts
  13. Administering the Ongoing Drilling Contracts
  14. Administering Standards of Crew & Workmanship
  15. Interpreting Recommendations and Interpretations
  16. Administering Control of the Services, Data, Drawings and Documents
  17. Administering Responsibility for Permits and Approvals
  18. Applicable Laws and Regulations
  19. Administering Contract and Contractor Registration
  20. Administering Offshore Transportation Arrangements
  21. Contractor Provided Items Scope & Quality
  22. Company Provided Items Scope, Process & Quality
  23. Administering Variations or Changes in Work Requested
  24. Administering Responsibility for Safety & the Environment
  25. Administering Contractor requests for Compensation, Invoices, Payment
  26. Management of Disputes
  27. Administering Indemnification Events

    (1) Loss of Down-Hole Equipment,

    (2) Loss of or Damage to Hole,

    (3) Blow Out or Crater,

    (4) Reservoir Damage,

    (5) Pollution,

    (6) Consequential Damages
  28. Administering Liability for Taxes and Duties
  29. Parties to Follow Local Laws and related Indemnifications
  30. Administering requests for Assignment & Subcontracting
  31. Administering Claims of Liability for Infringing Patents, Copyrights and Technology
  32. Administering Publicity Requests
  33. Administering Audit Rights of Owner
  34. Restrictions about Commissions or Fees
  35. Administering failure of Contractor to pay Subcontractors in a Timely Manner
  36. Administering Contract Termination Situations
  37. Applicable or Governing Law
  38. Administering Notice of Arbitration for Dispute Resolution
  39. Procedure for Notices under Various Clauses
  40. Scope of Services to be Provided
  41. Administering Checks for Equipment and Personnel Technical Specifications
  42. Administering Compensation Payments
  43. Commercial Specifications
  44. Administering Failure to Fulfil Responsibility for Safety
  45. Administering Compliance and Failure to Comply with Occupational Health & Environmental
  46. Standards & Specifications Applicable
  47. Administering Approvals for Subcontracting Proposals
  48. Limits of Liabilities of the parties
  49. Administering Insurance Compliance
  50. Contract Duration and Milestones
  51. Administering Contract Term Extension Requests or Instructions
  52. Administering Compliance with Income, Profits, and other taxes
  53. Responsibility for Import Duties, Importation and Exportation of Equipment
  54. Administration of Good Standing Status of Foreign Contractors in Country
  55. Administering Requests from Contractor for More Information
  56. Administering Requests for Assistance from Contractors
  57. Administering Drilling Contractor Claim Requests
  58. Benefits of Double Taxation Agreements
  59. Administering Force Majeure Claims
  60. Early Warning System for Emerging Drilling Risks
  61. Daywork, Footage Contracts, Turnkey Contracts
  62. Operator or field owner provided information and data on the site etc..
  63. Understanding Responsibilities of Both Parties to Mitigate Impact of Risks
  64. Strategies for arguing and Win-Win resolving any disputes or disagreements
  65. Program Recommendations & Next Steps
  66. Participant Customized Detailed Action Plan

Participant's Program Outcomes and Take-Aways

Job Process Good & Best Practices Workshop Outcomes and Takeaways
  1. Knowhow and Technology Transfer to the Participants.
  2. Multi-discipline Advanced understanding, skills, competencies and step-by-step analytic understanding and implementation of the program topics and issues (this understanding and application competency would otherwise have come from years of very rich work experience).
  3. Knowledge framework which will enable participant catch his own past/present/future job related experience and understand its relevance to the job decisions. Participant will be able to propose such knowledge system requirements.
  4. Training that empowers the participant to identify, support and implement improvements in his job, team, section, department or organization.
A 3 Week Advanced Training Workshop participant will typically take away...
  1. A Multi Discipline Knowledge Framework that will help the participant make sense of, put in the proper context and learn from his previous, present and future experience on the work. He will also take away Program (Instructors) Recommendations and a Detailed Action Plan. The Action Plan provides a Detailed Road Map for Implementing (in his work) what participant has learnt during the program.
  2. Generally the 3 week programs add advanced level depth to the 1 and 2 week program topics typically by including additional considerations (where applicable) of Risks, Prioritization, Quality Assurance, Strategic Considerations, Process and Control Automations, Early Warning Systems, Performance Evaluation, Key Performance Indicators, Improvements, Benchmarking, Innovation, Disruptive Innovation, Data Analytic, Quality Assurance System, Risk Management, Standardization, Audit and Preparing an individualized Detailed Action Plan to apply the program learnt methods and strategies. These longer duration programs also typically add many case studies and 2 or 5 hands on workshops to help apply what the participant has learnt during the program.

Benefits to Organization Sponsoring Participants

(Benefits Made possible by Euro Training's unique, multidiscipline, customer focused easy to understand and apply training methodology that relies on Industry Good and Best Practices)

  • This training is an effective way to quickly make the participant competent, effective and productive on his job. Each program is customized and made useful for...
    • Training new employees to get them productive quickly on relevant jobs
    • Existing Employees Transferred to a New Training Program Relevant Assignment or being prepared for such an assignment as part of his career development
    • Team Building Training Just Prior to a Relevant New Project, New Initiative, New Technology, New System, New Improvement, New Emphasis or New Strategy being Planned or Implemented in the Organization (requires sending 2 or more team members together to the same program at the same location and dates)
  • Create Proven and Documented Competency (3/4 week programs and if Certified) and Skills in participant to incorporate in his job performance (to the depth allowed by the program duration)...
    • Technical and Process Knowhow
    • Alignment to the Needs and Expectations of Stakeholders/ Customers (internal & external)
    • Alignment to Organizational Strategic Objectives
    • Good Management Practices meeting Recommendations and Requirements of the Relevant Industry Standards
    • Best Practices that assist Making Dramatic Improvements, including as relevant, Productivity Improvements, Product and Service Differentiation, Big Performance Improvements and Generally Exceeding Stakeholder/ Customer Expectations
  • Create a pool of trained (instructor) manpower that can cost-effectively disseminate the program knowhow to a large number of employees inside the organization. There is a possibility for the participant to sit for the professional certification tests and on passing the tests be professionally certified in the program field - if applicable. (You can consider attending the 4 week program version if certification or becoming a program instructor is the primary objective)
  • Euro Training Instructors often act as mentors for your employees who have attended our training programs. Your organization or the individual participant can utilize this service to ensure effective post program reinforcement and application of skills and competencies acquired during the training - to develop his career and performance further. (This depends on the relationship your participant builds with the Instructors. Please inquire about our post program mentoring plans)

Participant Individual Career Benefits

  1. As a participant you gain a multi-discipline understanding of the issues, analysis competency and methods relevant to your program topics and modules. This means that you will be able to understand and perform your relevant job like a Professional and Not like a Just-Graduated-Professional/Teenager/Novice. In other words this means post program when you take decisions related to your work you will start considering your work's Implications on (as applicable): Technology Options, Risks, Needs and Expectations of the different stakeholders; Strategic Alignment, Work Productivity, Legal & Contractual Obligations, Intellectual Property Aspects, Safety, Security, Audit, Cost Benefit Aspects, Value Engineering Opportunities.... and more as relevant.
  2. The detailed action plan you prepare and take away after the program will help you take initiative and make a positive difference in your performance on the job, team, business unit or organization. This difference after implementation and when added to your resume will make you a prime candidate for career advancement in your own organization or in your next job/s.
  3. Implementing what you learn in the program will lead to providing you a feeling of Job Satisfaction, Self Esteem and reduce Monday Morning Blues. The program ensures you will learn about and understand the Strategic Alignment Aspects of your job (as relevant) and in the process enable you to make a leadership contribution in your work area, team or organization.
  4. There is a possibility for the participant to sit for the professional certification tests on completing the 3 week program, and, on passing the tests be professionally certified in the program field - if applicable. (You can consider attending the 4 week program version if certification or becoming a program instructor is the primary objective)

Registration Form

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Registration & Fee Information (2 Week Workshops)

  1. Fee information is also available at: PROGRAM-FEE-PAGE   Special Discounts May be Available Please email scholarships@eurotraining.com.
  2. To register please send us an official letter confirming registration (on organizational letterhead or company email), or, send us a completed registration form above. GET MSWORD REGISTRATION FORM .
  3. Fees are Payable by Bank Transfer or Bank Draft.
    • 2 week (80 hrs) Process-by-Process ONLINE Training Fee : $4,500.
    Fee includes 1 year Free Access to Program Related Ai System.
  4. A Special discount of 10% is offered for participants who pay their fees at least 45 days before start of the program.
  5. Cancellation & Date Change: No Fee Refund if participant cancels his registration less than 3 weeks before start of the program. Alternate nominations may be allowed if requested atleast 2 weeks before program start. In case of exceptional hardship or emergency participant may be allowed to attend same program at another location or date on payment of 10% of fee.
  6. All participants are required to fill in Participant Information Form and Program Related Questionnaire - on first day of the program.
  7. Each program Undergoes Customization to Better Meet Participant Present and Future Job and Career Needs. Please be prepared to let the Instructor/s know about your organization's Special Needs, Interests or Initiatives.
  8. It is always useful for participants to bring their existing problems or case studies, work-process flow charts or job related problems for discussion - consideration will be at sole discretion of the program director/s.
  9. Provisional Registration : You can make a provisional registration request by sending us an email using an official email account. Provisionsl registration request, when confirmed by Ai Knowledge Systems, will reserve a seat for you for 14 days. After our Confirmation you have 2 weeks to send us an official registration request. Provisional registration is automatically cancelled at the earlier of (1) 2 weeks after Provisional Registration Confirmation if registration is not reconfirmed from your side (2) Two weeks before start of the program. We do request you to inform us ASAP you have decided either way.
  10. Please note All provisional registrations automatically cancel 2 weeks before program start unless confirmed otherwise by us.

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Why Euro Training USA Limited?

  1. We are your dependable source for Ai Knowhow and Human Resource Development for your Business Unit.
  2. When you are looking for Job Related Understanding, Ai Leveraging Opportunities, Practical Understanding, Strategic View, Operational Excellence, Customer Focus these Training Programs from Euro Training should be your First Choice!!
  3. We are also No. 1 in Incorporating Latest Technologies, Good & Best Management Practices in Our Training Programs!!

Training Programs Typically Cover
Based on Program Duration

BOT-PPP Projects | Contracts-Drafting-Claims | Customer Focus | District Cooling | eDocument Management & eLibrary | Innovation | Logistics | Operational Audit | Maintenance | Management & Leadership | Mergers & Acquisitions | Intellectual Property | Project Management | Renewable Energy Solar | Corporate Security & Safety | Water & Waste-Water Treatment | Water Desalination |


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Training & Development

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Euro Training USA Limited

Whatsapp USA: +15512411304

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