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Technology Development & Implementation

TechnologyAfter a merger, a major oil and gas company found it was left with multiple trading systems, which were not well coordinated and supported only limited types of trading.

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Events

17Platinum: PKF Texas Gold: Schlumberger, Silver: McGriff Seibels & Williams, Westin Galleria - 5060 West AlabamaHouston Texas
Jul 20, 2012
06:30 AM - 09:00 AM
Established in 1994, the Oilfield Breakfast Forum has emerged as one of the premiere thought-leadership events in Houston, attracting over 700 industry executives per event. Held three times a year,...

Thought Leadership Blog

Recently, a client planning to participate in a Play in the Western Canadian Sedimentary Basin raised a seemingly simple question with a very complex answer: how much land should we buy? Clearly,...
Posted by: on 03/22/2012 09:40 PM
5
With today’s drilling and completion costs accounting for nearly two-thirds of the capital expenditures of some projects, you know that errors in cost and timing estimates can have a significant...
Posted by: on 03/11/2012 08:27 AM
4
The usual stage at which risk tolerance is applied is the development phase of a project. Companies are comfortable with the notion of failed exploration wells, but not failed developments. Stringent...
Posted by: Pat Leach on 05/03/2011 03:14 PM
3
Routine decisions – whether business or personal – are easy. We make them without a lot of thought. Kahneman and Klein identified four criteria to be met in order to make a decision by...
Posted by: Pat Leach on 03/31/2011 12:06 PM
2
In any situation where you need to make a critical decision, there is always some level of risk – whether you’re working on an internal reorganization or considering a multi-billion dollar...
Posted by: Paul Wicker on 07/07/2010 08:55 PM
1

News/Features

36
Apr 17, 2012
Applying Decision Analysis When Faced With 1,000 Decisions
For any strategic initiative, applying decision analysis (DA) is viewed as best-in-class approach for the selection of the optimal decision path.
34
Mar 11, 2012
Oil 101, Spring 2012
A Comprehensive Overview of Oil and Gas Production

Events

Leave the Guesswork Behind

“Decision Making in an Uncertain World”

March 8-9, 2012 in Houston, TX

A 2-day professional development course designed to take the guesswork out of decision making and enable you to make critical decisions with confidence.

In today’s fluctuating environment, there are numerous conditions, variables, and risk factors to examine and consider when making decisions related to a project or strategic initiative. More importantly, the outcome of those decisions can significantly impact not only on the end result, but also on the bottom line. So it’s no surprise that there are times when even the most seasoned professional can question his or her judgment and ability to see through the complexity to a clear path forward.

“Decision Making in an Uncertain World” takes the guesswork out of the decision process and arms you with the tools you need to become much more proficient and confident in your ability to make deliberate, creative, and value-driven business decisions.

For more than a decade, the principles and techniques taught in this course have been helping Oil and Gas companies create and preserve value through effective decision making, even under the most stressful and complex conditions.

Register by February 14, 2012 and receive a 30% discount.
Second attendees from your company receive a 50% discount off the full course price.

Following this hands-on training, you will have the ability to:

· Understand the important principles of decision making that are still widely unknown to most project leaders, managers, and executives

· Apply world-class decision-making techniques to complex situations

· Generate solutions and develop a clear strategic path forward with confidence and conviction

· Appropriately identify and tackle risk and uncertainty

· Frame decision problems with ease

· Build value for your company through consistent, successful decision making

Who Should Attend?

This course is designed for anyone in the oil and gas industry who is responsible for making difficult decisions or wants to learn best practices for decision making. Managers of projects and members of project teams would find this information of immediate use in adding clarity to complex problems and situations.

COURSE INSTRUCTORS:

Patrick E. Leach

Patrick is the CEO of Decision Strategies.  He has extensive international experience in the development and implementation of creative strategic initiatives, probabilistic methodologies, and upstream energy projects. He is a recognized expert in risk management and decision making, and has published and presented numerous papers on these subjects. An excellent communicator and teacher, he has added millions of dollars in value to clients’ projects through employee training, process facilitation, VOI analysis, and stochastic modeling. Pat is also the author of Why Can’t You Just Give Me the Number? – An executive’s guide to using probabilistic thinking to manage risk and to make better decisions.

Paul Wicker

Paul is a Senior Consultant with Decision Strategies with more than 25 years of experience in decision analysis in the oil & gas industry. He has facilitated critical strategic projects that have helped clients develop creative solutions to meet primary objectives and deliver maximum value. With extensive background in both decision analysis and facilitation, Paul brings his experience into the classroom to create an interesting and dynamic learning environment.

About Decision Strategies

Decision Strategies is a decision-focused business consultancy that enables clients in the oil & gas, chemicals, and related industries to solve their most complex problems. The company maintains a strong position in its target industries through best practices in strategy creation, portfolio management, and investment decisions.

Decision Making in a Uncertain World

Take the guesswork out of the decision process and arms you with the tools you need to become much more proficient and confident in your ability to make deliberate, creative, and value-driven business decisions.
Location
10260 Westheimer
City
Houston
State
Texas
Dates
Mar 8 - 9, 2012
08:00 AM - 04:00 PM
15
Additional Company Employee Attendees
$900.00
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