Organisational & Operational Excellence

Oil and Gas Cost Management: Upstream Budgets, AFE Control and Refinery Benchmarking – London, 28 Dec 2026 – 8 Jan 2027

Oil and Gas Cost Management: Upstream Budgets, AFE Control and Refinery Benchmarking runs in London from Monday 28 December 2026 to Friday 8 January 2027 (2 Weeks). The fee is 41,400 SAR per participant. The same programme is also scheduled in 7 other cities.

Dates: Monday 28 Dec 2026 – Friday 8 Jan 2027
Length: 2 Weeks
Fee per participant: 41,400 SAR
Format: In person, London
Venue: Central London four-star
Status: Open for registration
Week: 53 of 2026
Reference: 754_19539

This session

28 Dec 2026 – 8 Jan 2027

This Oil and Gas Cost Management: Upstream Budgets, AFE Control and Refinery Benchmarking session in London runs from Monday 28 December to Friday 8 January 2027 (week 53, Q4 2026). It is the only date in London in 2026, at a fee of 41,400 SAR, the same for each of them. Registration is open for this date. It is held in person at Central London four-star.

When else does it run in London?

28 December 2026 – 8 January 2027 This date 41,400 SAR
28 June – 9 July 2027 41,400 SAR

How do I book this date?

Reference for this date: 754_19539. Quote it when you contact us.

Before you book, read our cancellation policy.

Let’s talk about your next step.

Questions about this date

When does Oil and Gas Cost Management: Upstream Budgets, AFE Control and Refinery Benchmarking in London start and finish?

It starts on Monday 28 December 2026 and finishes on Friday 8 January 2027: 2 Weeks.

How much does Oil and Gas Cost Management: Upstream Budgets, AFE Control and Refinery Benchmarking in London cost?

The fee for this date is 41,400 SAR per participant. Please read our cancellation policy before you book.

Is this date held in person or online?

It is held in person in London, at Central London four-star.

Where else does Oil and Gas Cost Management: Upstream Budgets, AFE Control and Refinery Benchmarking run?

It is also scheduled in 7 other cities: Amsterdam, Barcelona, Dammam, Dubai, Jeddah, Paris and Riyadh.

What does this programme cover?

Oil and gas cost management fails when field budgets are rolled forward, AFEs are approved without a stated estimate class and refinery cost per barrel is reported without knowing what drives it. Overruns then surface late, unit costs drift above peers and cuts made in a low price cycle remove the wrong activities. This Core Concept course trains cost controllers, planners and operations managers to build work programme and budget submissions, control AFEs, forecast at completion, track lifting cost and refinery cost drivers, and benchmark assets. Participants produce an Asset Budget, AFE Pack and Cost Reduction Plan.

The programme outline covers:

Introduction
Course Objectives
Target Audience
Course Outline
Day 1: Oil and Gas Cost Structure Across Upstream, Midstream and Refining
Day 2: Work Programme and Budget (WP&B) Preparation
Day 3: AFE Preparation, Approval and Control
Day 4: Cost Control, Forecasting and Upstream Unit Cost KPIs
Day 5: Cost Allocation and Week-One Upstream Case
Day 6: Refinery Standard Costing and Cost per Barrel
Day 7: Refinery Energy, Catalyst and Turnaround Cost Drivers
Day 8: Field and Refinery Cost Benchmarking
Day 9: Cost Reduction Programmes in a Low Price Environment
Day 10: Capstone: Asset Budget, AFE Pack and Cost Reduction Plan
Skills You Will Gain
Why Attend This Course
Conclusion