You're now visiting the official Saudi
website of GLOMACS International

Cost Analysis of Plug and Abandonment Operations

An Interactive 5-Day Training Course

Cost Analysis of Plug and Abandonment Operations

Cost Estimation Good Practices for Liability Provisioning, Project Planning and Effective Cost Control of Well Abandonment

NASBA
Classroom Schedule
Date Venue Fees
15 - 19 Jun 2026 Dubai $ 5,950
26 - 30 Oct 2026 Dubai $ 5,950

Course Summary

Well Abandonment is commonly the largest area of expenditure in decommissioning oil and gas production assets and is often the area of largest cost overruns. Estimating the abandonment costs at end of well life provides some unique challenges to the engineer and the cost estimator due to the potential step change impact of technical decisions and regulatory requirements.

The strategic nature of decommissioning, and particularly abandonment, has only recently been recognized, with the growing impact on Company balance sheets, and the potential for significant cost overruns now in the spotlight in many organisations. Lessons can be learnt from recent industry experience, with good quality estimating practices at the heart of ensuring appropriate strategies can be implemented to minimize the current and future impact on the business. 

This GLOMACS training course on Cost Analysis of Plug and Abandonment Operations will highlight:

  • The strategic importance of understanding the scale of future abandonment liabilities
  • Current Good Estimation Practices and how these should be applied to well abandonment
  • The relationship between data quality and accuracy
  • Common risks of cost overrun in well abandonment and how to manage them
  • How good practices contribute to improved cost control
  • The value of Benchmarking
Course Outline
Day 1

Cost Estimate Methods and their Applicability to Well Abandonment

  • Types of Estimate and their Limitations
  • Classes of Estimate and their Application
  • Understanding Appropriate Accuracy
  • Recent Industry Experience
  • What Drives Abandonment costs?
  • The Ideal Data Set
Day 2

Basis of Estimate Good Practices

  • AACE Basis of Estimate Model
  • Data Gathering
  • Benchmarking and Reconciliation
  • Managing Risks with a Risk Register
Day 3

Probabilistic Estimation

  • Methodology and Good Practice
  • Advantages
  • Avoiding the Pitfalls
  • Applicability
Day 4

Cost Control and Applying Lessons Learnt

  • Common Causes of Cost Overrun in Well Abandonment
  • Risk Mitigation
  • Project Maturation
  • Record Keeping
  • Potential Impact of Capturing and Applying Lessons Learnt
Day 5

Consolidation

  • Value and Importance of Good Cost Estimation
  • Methods and their Applicability
  • Key Takeaways
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates.
  • Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
Providers and Associations

Endorsed Education Provider

NASBA

In Association With

Options & Brochure

Why Choose Saudi GLOMACS?

Saudi GLOMACS is the official Saudi Arabian division of GLOMACS International (glomacs.com), delivering internationally recognised training courses both within Saudi Arabia and across international locations. Our training courses are aligned with the highest professional and institutional standards, supported by a strong understanding of the professional landscape in Saudi Arabia and access to global expertise.

Saudi GLOMACS enables professionals and organisations to strengthen leadership, capability, and long-term excellence through consistently high-quality learning experiences.

Official Saudi Presence

Official Saudi Arabian division of GLOMACS with established global credibility.

International Benchmarks

Internationally benchmarked training courses aligned with professional best practices.

Trusted Across Sectors

Trusted by professionals and institutions across public and private sectors.

Flexible Delivery

Training courses delivered within Saudi Arabia and across international locations.

Related Courses
Frequently Asked Question

No. Saudi GLOMACS delivers courses in Saudi Arabia and internationally, including delivery across Europe and Asia. This allows organisations and professionals to access training both locally and abroad.

No. While governance and leadership are part of the portfolio, Saudi GLOMACS delivers training across the entire business and professional lifecycle, including administrative, technical, legal, regulatory, and sector-specific training.

No. Our training courses are delivered globally through international locations and online platforms, enabling participants from Saudi Arabia and around the world to learn together. This global delivery approach ensures exposure to diverse perspectives, international best practices, and cross-cultural insights while maintaining strong relevance to regional and organisational needs.

View All Training Locations

Yes. Saudi GLOMACS designs and delivers bespoke in-house training tailored to organisational objectives, sector requirements, and workforce needs. Training can be delivered in Saudi Arabia or internationally, depending on requirements.

Yes, in-house and customised strategy training courses are available to support organisations seeking tailored strategic capability development. These courses can be aligned with your industry context, organisational challenges, and long-term strategic objectives.

For further details or to discuss customisation requirements, you may call or WhatsApp +966 (54) 286 8546 or email info@glomacs.sa . You can also submit a detailed enquiry through our in-house training page at: https://sa.glomacs.com/in-house-seminars

If you would like further information about these training courses, our team is available to provide professional guidance and support. We are pleased to assist with course selection, the registration process, and any other related enquiries.

For personalised assistance or detailed enquiries, please contact our team on +966 (54) 286 8546 or email us at info@glomacs.sa

Courses delivered in Saudi Arabia are adapted to reflect local regulatory frameworks, organisational structures, sector conditions, and professional expectations. This ensures training is relevant, practical, and aligned with Saudi workplace realities.

GLOMACS has been delivering professional training for over thirty years, with courses delivered across Europe, the Middle East, Asia, and other international markets.

Saudi GLOMACS combines three decades of global training experience with a clear focus on Saudi market relevance. This allows it to deliver training that is both internationally credible and locally applicable, across a broader range of disciplines than niche or single-focus providers.

Saudi GLOMACS is a Saudi-based professional training provider delivering courses tailored to the Saudi market and applicable internationally. It operates within the global GLOMACS framework and draws on more than three decades of international training experience.

Saudi GLOMACS offers professional training across a wide range of disciplines, including administration, leadership and management, governance and regulation, law, oil and gas, energy, engineering, finance, digital technologies, and sector-specific specialisations.

Training supports professionals across all career stages, from operational roles to specialist and senior responsibilities.

Participants include professionals from public sector, semi-government, and private sector organisations, across a wide range of roles and industries. Attendees range from administrative and operational professionals to technical specialists, managers, and senior decision-makers.

Related Categories