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Key Performance Indicators (KPIs) in Petroleum

Curriculum

  • 5 Sections
  • 15 Lessons
  • 5 Days
Expand all sectionsCollapse all sections
  • Module 1: Fundamentals of Performance Measurement in Petroleum Operations
    3
    • 1.1
      Role of KPIs in asset performance, strategy execution, and operational efficiency
    • 1.2
      KPI categories: operational, financial, HSE, maintenance, and project-management metrics
    • 1.3
      Linking KPIs to organisational goals and petroleum value-chain activities
  • Module 2: Designing Effective Petroleum KPIs
    3
    • 2.1
      Selecting KPIs using relevance, measurability, reliability, and alignment principles
    • 2.2
      Production KPIs: uptime, throughput, recovery factor, flaring intensity, and OPEX per barrel
    • 2.3
      Drilling KPIs: NPT, well-delivery performance, cost per metre, and safety indicators
  • Module 3: Data Collection, Analysis & Reporting Tools
    3
    • 3.1
      Data sources: SCADA, historians, ERP systems, maintenance systems, and production logs
    • 3.2
      Analysing KPI data using dashboards, data visualisation, and performance workflows
    • 3.3
      Interpreting trends, variances, and root causes to support timely decision-making
  • Module 4: Benchmarking, Best Practices & Performance Optimisation
    3
    • 4.1
      Internal and external benchmarking frameworks for petroleum assets
    • 4.2
      Using KPIs to drive operational excellence, cost optimisation, and process improvement
    • 4.3
      Integrating KPIs into continuous-improvement systems and performance reviews
  • Module 5: Governance, Compliance & Strategic Performance Management
    3
    • 5.1
      Setting performance targets, cascading KPIs, and building accountability systems
    • 5.2
      Aligning KPIs with safety culture, environmental standards, and regulatory compliance
    • 5.3
      Performance-governance models for upstream assets, refineries, and midstream operations
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Production KPIs: uptime, throughput, recovery factor, flaring intensity, and OPEX per barrel
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