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Oil Field Manager (OFM) Production Performance and Forecasting Analysis

An Interactive 5-Day Training Course

Oil Field Manager (OFM) Production Performance and Forecasting Analysis

Using Oilfield Manager (OFM) — Decline Curve Analysis, Ratio Forecasting & Production Optimisation

NASBA
Classroom Schedule
Date Venue Fees
07 - 11 Sep 2026 Cape Town $ 5,950
14 - 18 Dec 2026 Lisbon $ 5,950
03 - 07 May 2027 London $ 5,950
06 - 10 Sep 2027 Cape Town $ 5,950
13 - 17 Dec 2027 Lisbon $ 5,950

Course Summary

The Oil Field Manager (OFM) Production Performance and Forecasting Analysis training course equips professionals with the skills required to analyse production performance and develop reliable forecasts using industry-standard tools and methodologies. It focuses on practical application of decline curve analysis, multi-well forecasting, and production data interpretation, enabling participants to move beyond basic data handling toward advanced analytical capabilities that support decision-making in oil and gas operations.

Participants gain in-depth understanding of production behaviour, forecasting techniques, and data-driven evaluation methods through structured exercises and realistic datasets. The Oil Field Manager (OFM) Production Performance and Forecasting Analysis training course emphasises building accurate forecasts, managing multiple scenarios, and ensuring data quality, preparing professionals to deliver actionable insights and communicate results effectively to both technical and non-technical stakeholders.

Skills & Competencies

From this Oil Field Manager (OFM) Production Performance and Forecasting Analysis training course, participants will develop the following key skills and competencies:

  • Decline curve analysis application
  • Production data interpretation skills
  • Multi-well forecasting capability
  • Scenario modelling and evaluation
  • Forecast quality control techniques
  • Technical communication of results

Key Learning Outcomes

At the end of Oil Field Manager (OFM) Production Performance and Forecasting Analysis training course, you will learn to:

  • Perform production analysis for oil, gas, and water streams using OFM.
  • Apply decline curve analysis techniques for forecasting production performance.
  • Develop and manage multiple forecast scenarios for different recovery outcomes.
  • Construct ratio-based and calculated forecasts for complex production systems.
  • Evaluate forecast quality and communicate uncertainty effectively.

How You Will Learn

Learning is achieved through structured concept explanation combined with guided application using realistic datasets. Participants engage in continuous practice of production analysis and forecasting techniques, reinforcing understanding through progressive exercises. Emphasis is placed on applying analytical methods, interpreting results, and integrating multiple forecasting approaches into practical workflows.

Who should Attend?

This training course is designed for oil and gas professionals involved in production analysis, forecasting, and field performance evaluation. It supports both technical specialists and professionals requiring deeper insight into production data.

This Oil Field Manager (OFM) Production Performance and Forecasting Analysis training course is suitable to a wide range of professionals but will greatly benefit:

  • Reservoir Engineers
  • Production Engineers
  • Asset Managers and Planners
  • Production Geologists
  • Petroleum Data Analysts
Course Outline
Day 1

Foundations of Production Decline Analysis

This day introduces production decline principles, reservoir behaviour, and key parameters used in decline curve analysis. Participants explore rate analysis and identification of production trends. The topics covered will include:  

  • OFM environment refresher: data model, well selection, plotting
  • Production decline physics and reservoir drive mechanisms
  • Arps decline equations: exponential, hyperbolic, harmonic
  • Key DCA parameters: qi, Di, b‑exponent
  • Rate‑versus‑time analysis and decline regime identification
Day 2

Decline Curve Analysis in OFM

This day focuses on setting up and executing decline curve analysis within OFM, including data preparation and validation techniques. Participants evaluate forecast quality and identify common issues. The topics covered will include:  

  • DCA setup and data filtering
  • Manual vs automated fitting
  • Fit quality evaluation and sanity checks
  • Forecast constraints and economic limits
  • Single‑well forecast generation
  • Common DCA pitfalls
Day 3

Advanced Forecast Methods

This day explores advanced forecasting approaches including multi-phase production and ratio forecasting. Participants develop multiple forecast scenarios and apply automated techniques. The topics covered will include:  

  • Multi‑phase production challenges
  • Ratio forecasting (GOR, water cut, WGR)
  • Multiple forecast cases management
  • Auto Decline configuration and QC
  • Calculated forecasts with user‑defined formulas
Day 4

Multi‑Well & Portfolio Forecasting

This day addresses aggregation of forecasts across wells and fields, including sensitivity analysis and integration of operational assumptions. Participants analyse performance at portfolio level. The topics covered will include:  

  • Forecast aggregation to field level
  • Well grouping strategies
  • Sensitivity analysis of EUR
  • Integrating drilling and workover assumptions
  • Forecast vs actual analysis
Day 5

Reporting, Outputs & Integration

This day focuses on reporting, exporting results, and ensuring forecast quality. Participants complete a final integrated exercise and review outcomes. The topics covered will include:  

  • OFM plots, tables, and summary reports
  • Exporting data for economics and simulation
  • Reserves classification context (1P/2P/3P)
  • Forecast quality control checklist
  • Capstone exercise and peer review
  • Course review, Q&A, and certification
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
Related Categories
Oil and Gas
Related Certificates
NASBA

Customisation & In-House Delivery

Delivering this in-house training course allows organisations to align production analysis and forecasting practices with internal datasets, workflows, and operational priorities. Customisation ensures that participants work on relevant field scenarios, improving forecasting accuracy, strengthening technical capability, and enhancing decision-making across asset teams.

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.

Additional Benefits of this course for Organisations and Professionals in Saudi Arabia

Organisations & Professionals in KSA will have the following additional benefits from this Oil Field Manager (OFM) Production Performance and Forecasting Analysis training course:

  • Improved production forecasting accuracy
  • Stronger data-driven decision-making
  • Enhanced reservoir performance insights
  • Better scenario planning capability
  • Increased operational efficiency
  • Clearer communication of forecast uncertainty
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Frequently Asked Question

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.

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.

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.

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.

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.

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.

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 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.

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.

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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 [email protected] . 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 [email protected]

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