Rike Service, Inc.  

 Practical Petroleum Training

 
 

 

 

 

  

Managing a Drilling Company

(5 days)

For: Those who aspire to better manage a drilling company

This course includes 4 days of discussion/lecture and one day of workshop. We recount a number of real-world drilling company situations that required good management decisions in order to maximize the company’s present worth. 

The workshop works best by having groups of 4-6 delegates each take a specific problem for about 3 hours. Each group then presents their solutions to the class for discussion.

Major Topics Covered:

  • Strategic Plan

  • Decision-Making

  • Safety First

  • Implementation of Contracts

  • Foreign Contracts

  • Corporate Policy

  • Governmental Policy

  • Technology Transfers

  • Best Available Technology

  • Alliances and Mergers

  • Contract Management

  • Risk Management

  • Pollution

  • Storm or Severe Weather

  • Damage to the Vessel

  • Person Overboard

  • Loss of Communication