Well P&A Cost Estimating and Control Course

Name: Advanced Well P&A Cost Estimating and Control Training Course
Availability: InStock

Build defensible abandonment estimates by linking scope, duration, contractor rates, uncertainty and execution evidence.

Well P&A Cost Estimating and Control Course

At a glance

Duration: 1 Week
Format: Classroom
Cities: Kuwait, Barcelona, Prague, Porto, Bali, Milan and more
Next session: 25 – 29 October 2026, Kuwait
Average fee: 5,750 €

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Advanced Well P&A Cost Estimating and Control Training Course

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Overview

Advanced Well P&A Cost Estimating and Control Training Course is a one-week course for oil and gas cost engineers, decommissioning project managers, finance partners and operations planners, who leave with a Well P&A Cost Assurance Pack. Participants build scope-based estimates, connect schedules with cost, model uncertainty, challenge contractor pricing and reconcile execution performance. The course treats technical scope as cost evidence while keeping engineering design outside its remit. Agile Leaders Training Center develops well P&A cost estimating and control capability.

Who Should Attend

Cost engineering teams responsible for estimate development, benchmarking and change control
Decommissioning teams responsible for well abandonment scope, campaign planning and delivery
Finance teams responsible for asset retirement provisions, forecasts and cost assurance
Contract and procurement teams responsible for bid analysis and commercial evaluation
Operations planning teams responsible for rig, vessel, logistics and resource schedules

The course assumes participants can interpret cost estimates, work scopes and project schedules, and it leaves out barrier design, well-control engineering and legal advice.

Departments and Industries

The course supports departments and industries that plan, fund, contract and assure end-of-life well work.

Oil and gas cost engineering, finance and project controls
Drilling, wells, decommissioning and late-life asset operations
Marine logistics, rig services and intervention contracting
Energy investment, asset retirement and assurance functions
Engineering consultancies and specialist supply-chain organizations

Learning Objectives

By the end of this course, participants will be able to:

Build a scope-based well P&A cost estimate
Apply basis-of-estimate and work-breakdown controls
Analyze rig, vessel, material and logistics cost drivers
Evaluate contractor prices, uncertainty and contingency
Use schedule-cost integration for campaign forecasting
Diagnose variances and prioritize cost-assurance actions

Course Agenda

Day 1: Scope and Estimate Architecture

Well P&A Scope Definition Map
Cost Estimate Classification and Purpose Matrix
Work Breakdown Structure for Abandonment Operations
Basis of Estimate Content Checklist
Estimate Assumption and Exclusion Register

Day 2: Resource and Time Cost Build-Up

Rig and Intervention Spread Rate Model
Vessel, Marine and Port Cost Build-Up
Material, Cement and Disposal Quantity Model
Personnel, Logistics and Support Cost Sheet
Time-Depth Cost Curve for Well Activities

Day 3: Commercial Evaluation and Uncertainty

Contractor Bid Normalization Matrix
Rate, Productivity and Escalation Challenge Sheet
Three-Point Estimate for Activity Duration
Cost Risk and Opportunity Register
Contingency Allocation and Confidence Range Model

Day 4: Campaign Control and Liability Evidence

Multi-Well Campaign Sequencing Model
Schedule-Cost Integrated Forecast
Estimate Benchmark and Normalization Dashboard
Asset Retirement Liability Evidence File
Cost Change, Commitment and Variance Bridge

Day 5: Well P&A Cost Assurance Practice

Exercise: Validate a Basis of Estimate
Exercise: Rebuild Rig and Vessel Cost Exposure
Exercise: Challenge Contractor Price and Contingency
Exercise: Reforecast a Delayed Abandonment Campaign
Capstone Exercise: Well P&A Cost Assurance Pack

Practical Exercises

The course uses suggested activities to convert abandonment scope, duration and commercial evidence into controlled cost decisions.

Suggested activity: map estimate ownership and cost boundaries for an offshore well campaign
Suggested activity: normalize competing rig and intervention bids against a common scope
Suggested activity: model duration uncertainty and allocate contingency to named risks
Suggested activity: present a cost variance, liability and recovery recommendation

FAQs

Who suits advanced well P&A cost estimating training, and what does it assume?

Cost engineers, decommissioning managers, finance partners, asset retirement specialists and planners suit the training. It assumes working familiarity with estimates, scopes and schedules.

How does well P&A cost estimating differ from technical well abandonment training?

Well P&A cost estimating converts an approved technical scope into resource, duration, contract, uncertainty and liability evidence; technical training concentrates on barrier design, well integrity and execution methods.

What drives well P&A cost estimate uncertainty?

Well condition, scope maturity, activity duration, rig or vessel availability, contractor rates, logistics, weather exposure, failed operations and regulatory obligations drive estimate uncertainty.

How should contingency be used in a well P&A cost estimate?

Contingency should reflect identified uncertainty and risk exposure, remain traceable to estimate assumptions, and be reviewed as scope, schedule and commercial evidence mature.

How can well P&A campaign costs be controlled during execution?

Campaign costs are controlled by linking progress with commitments, actual cost, remaining duration, approved changes, risk movement and forecast-at-completion evidence.

Conclusion

Participants take back a Well P&A Cost Assurance Pack containing the estimate structure, basis, rate models, risk register, confidence range, campaign forecast and variance bridge. The pack makes cost exposure and assumptions traceable. It supports estimate approval, contractor challenge, liability evidence, execution forecasting and management decisions.

credits: 5 credit per day

Course Mode: full-time

Provider: Agile Leaders Training Center

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Showing 61-75 of 75 events

Location	Dates	Duration	Mode	Price
Tbilisi	Week 34, 2027 23 – 27 August 2027	1 Week	Onsite	€5,000
Zanzibar	Week 34, 2027 29 August – 2 September 2027	1 Week	Onsite	€5,500
San Diego	Week 36, 2027 6 – 10 September 2027	1 Week	Onsite	€14,000
Kuala Lumpur	Week 37, 2027 13 – 17 September 2027	1 Week	Onsite	€5,200
London	Week 38, 2027 20 – 24 September 2027	1 Week	Onsite	€5,700
Abu Dhabi	Week 38, 2027 20 – 24 September 2027	1 Week	Onsite	€4,700
Manama	Week 38, 2027 26 – 30 September 2027	1 Week	Onsite	€4,700
Dubai	Week 39, 2027 27 September – 1 October 2027	1 Week	Onsite	€4,500
Rome	Week 40, 2027 4 – 8 October 2027	1 Week	Onsite	€5,700
Frankfurt	Week 40, 2027 4 – 8 October 2027	1 Week	Onsite	€5,700
Toronto	Week 40, 2027 10 – 14 October 2027	1 Week	Onsite	€12,000
Istanbul	Week 41, 2027 11 – 15 October 2027	1 Week	Onsite	€4,500
Vienna	Week 42, 2027 18 – 22 October 2027	1 Week	Onsite	€5,700
Singapore	Week 42, 2027 18 – 22 October 2027	1 Week	Onsite	€5,700
Athens	Week 43, 2027 25 – 29 October 2027	1 Week	Onsite	€6,700

Frequently asked questions

What does this course cover?

OverviewAdvanced Well P&A Cost Estimating and Control Training Course is a one-week course for oil and gas cost engineers, decommissioning project managers, finance partners and operations planners, who leave with a Well P&A Cost Assurance Pack. Participants build scope-based estimates, connect schedules with cost, model uncertainty, challenge contractor…

Are training dates available?

Yes. Available dates and destinations are listed in the course dates section on this page.

How can I register?

Choose an available date on this page and complete the registration form, or send a programme enquiry.

Can I download the course brochure?

Yes. Use the brochure download link provided on this page.

Well P&A Cost Estimating and Control Course