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Virtual oil exploration

The decade ahead is going to be more challenging and exciting as India starts developing the oil sector as the pillar of the economy and embarks on the adventure of becoming an oil power in the SAARC region.

A 2-day course entitled 'XPLORE' is being jointly organised by Jaya Alliance for Management and Technology, an initiative of the Jaya group of collges, and Simprentis, Denmark, in Chennai on May 27 and 28.

The programme will be led by Prof O Gregersen, chairman, F.I. Business School, Denmark, and O Ellefsen, CEO, Simprentis, Denmark, who are industry practitioners familiar with industry responsibilities and challenges and will provide programme participants with valuable and applicable information, ideas and perspectives in petroleum exploration business. Their enthusiasm for sharing their expertise makes this a must attend programme.

XPLORE will be the industry’s premier comprehensive educational event. Content has been updated to present the financial and technical focus in the industry while still covering the fundamentals that are essential to petroleum technology management.

XPLORE is provided as open course for anyone to attend, as bespoke internal courses for businesses or educational institutions, and has a sponsored corporate programme. It is felt that such a course would be very useful for professionals in the oil industry and the many interested students and graduates who are just beginning to consider job prospects in the petroleum industry.

Those already employed in the oil industry may have an opportunity to update their knowledge related to the domain. Those who are currently involved in training or teaching in business or technology management education may find the course useful.

XPLORE will be used as a springboard to kick-start the task of educating students, executives, educators, engineers and professionals across the country. The enthusiasm shown by hundreds of participants around the world is truly inspiring

The purpose of XPLORE is to give an understanding of the dynamics and risks of petroleum exploration. XPLORE is positioned in a classroom setting with facilitators guiding the learner through the simulation. Central to the learning model are the competitive and collaborative elements: teams operate in the same simulated reality and are put in a situation where they must both compete and collaborate. Participants learn by acting as if they were a petroleum exploration company. Their task is to discover commercially viable volumes of oil in a new province.

The simulation games approach that the programme adopts implies that concrete situations are recreated by associating technology/business games domain and the computer.

Early sessions in the programme provide participants with an introduction to petroleum exploration and associated business principles. The remainder of the course draws upon the analytical tool, simulation and intuition developed to evaluate the dynamics and risks of the industry.

XPLORE was originally developed for an Italian energy company and all XPLORE Intellectual Property Rights (IPR) are now transferred to Simprentis, Denmark (www.simprentis.com). The programme was one of the seven workshops presented as part of the pedagogical programme at the Siec-Isbe conference in Stockholm, Sweden.

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K Navaraj, Vice Chairman, Jaya Group of Institutions said to participate in the course one must be able to operate a web browser. Apart from that there are no requirements knowledge of geology or petroleum industry.

The full version of the course is available at www.jayagc.org 

The college management expects to be able to offer financial support to a few participants.

The course administrators would need to have all expressions of interest in the course by May 20. Those interested may also e-mail at vc@jetsb.ac.in 

N Arun Kumar

Published on 14th May, 2004

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