How will the proposed study contribute to your career?
drilling and exploration - very important task
Planning for drilling and exploration so it can be run effectively with low cost-effectiveness is the most important thing for investor and government. Indonesia's regulation for upstream oil and gas has been changed from Production Sharing Contract (PSC) to Gross Split. In Gross Split scheme, investor and government will share the profit evenly, which is tighter than PSC scheme for investor. In geothermal, the challenge is high-temperature well, in which advanced technology and special treatment are needed to harness the operation.
Drilling activity is the most expensive process and there are many stockholders will be involved during the exploration. Having more understanding in reservoir modelling, drilling engineering and technology, formation evaluation and geomechanics will help me in solving problem in technical issues. In addition, project management and economic engineering courses will benefit me to handle operation and stakeholders. If I can solve the problem quickly and manage stakeholder effectively, the operating time and cost will be more efficient.
Moreover, my proposed program of study provides individual and group projects. The projects are very essential for me to combine all the knowledge and my current experience for preparing myself before facing the real projects in the industry. Upon graduating from my Masters study, I will be able to understand, frame and solve the more complex of upstream problem in today's petroleum or geothermal industry.
In summary, my proposed study will contribute to my next career, government, and investor because all knowledge that I gain in university will help me to solve problem by considering entire perspective.