Poor measurement and allocation process accounts for the major losses in the oil and gas industry. According to Nigeria Extractive Industries Transparency Initiative (NEITI) audit reports 2012-2015, Nigeria lost over $9.89 Billion worth crude oil due to poor metering and allocation. The urgency to address this impact is key.
Accurate production data for effective monitoring and allocation has always been a challenge to efficient well, reservoir and facilities management in the oil and gas industry. Oil and Gas Hydrocarbon Accounting principally involves; allocation of volumes, storage of data, effective production deferment administration and data reporting. In almost all assets globally, metering and production allocation process has always been a challenge and this course is designed to address and manage such limitations. There are several factors that influence metering but majorly the linearity, the turndown ratio and the repeatability are key. This course will equally highlight some of these challenges with mitigations and come up with how it fits into the overall HCA process in order to facilitate improved definition, selection, design, operation and troubleshooting of production numbers or data.
Training and retraining of domain experts have been identified as crucial in fully understanding the concept and process of Hydrocarbon Accounting and Metering. Hence, this course will elicit the fundamentals of Hydrocarbon Accounting and Metering across assets, while also highlighting the common challenges encountered during this process and how to mitigate them in future HCA processes.
General Principles of Hydrocarbon Accounting
This course is suitable to a wide range of professionals but will greatly benefit:
By the end of this Course, participants will be able to:
The training will be delivered in a workshop format with strong emphasis on industry best practice alongside an interactive approach from all participants.
The training tutors are highly seasoned industry experts and have designed this course to help participants fully understand the concept of Hydrocarbon Accounting and Metering in the present-day Energy Industry.
Location: Check Schedule
Cost: N2,200,000: 00 (US$1,450) per participant (Large-pool registration attracts discount)
Date: Check Schedule
Location: Uyo, Nigeria
Cost: ₦1,750,000.00
Date: 13th - 17th October, 2025