Introduction:
The personnel in the Oil & Gas industry bring a wide range of academic and practical experiences. However, they may not always have a comprehensive understanding of the industry’s day-to-day operations, associated uncertainties, risks, and specialized terminology. To enhance the decision-making process, it is crucial for all stakeholders to have a thorough awareness of the risks, challenges, and capital-intensive nature of the oil and gas business. This knowledge will contribute to improved decision-making by ensuring that everyone involved is well-informed about the industry’s intricacies and potential obstacles.
Course Objectives:
This course is designed to familiarize non-technical personnel in the petroleum and related government, financial, legal, and service industries with the basics of the upstream (exploration and production) and midstream petroleum industry operations.
The course will provide an overview of most aspects of the petroleum industry, including exploration, drilling, reserves, production, processing, transportation, storage and economics. The course instructor will familiarize the participants with very rich information about issues closely related to oil and gas industry operations and vocabulary. Participants in this course will professionally get familiar with the following tasks.
- Overview of the Oil & Gas Industry
- Prospecting and exploration
- Domestic and international leasing
- Drilling, testing and completion
- Reserves Evaluation
- Production and maintenance
- Transportation and storage
- Refining, gas processing, liquefied natural gas (LNG), petrochemicals and natural gas liquids (NGLs), etc.
- Marketing, pricing and economics
Who Should Attend?
This course is aimed at non-technical personnel within exploration, production, refining, and service companies. Employees who would benefit from learning about current issues in oil and gas, industry terminology, how money flows through the entire business chain, how different parts of the business interact with each other, with other companies and with outside investors, how oil and natural gas differ in their business treatment. It is specifically designed for specialists working in the following departments of the oil and gas and related industry personnel.
- Finance and Accounting
- Banks and financial institutions
- Human resources and planning
- Legal and marketing
- Security and secretarial staff
- Chemists and technicians
- Field supervisors and training specialists
- Contracts and materials procurement specialists
- Information systems and health, safety & environment (HSE) specialists
- Administrative and technical support staff
Course Outlines:
General Overview of the Industry:
- The petroleum industry
- Typical oil & gas Company objectives
- Typical oil & gas Industry activities
- Typical oil & gas industry organization structure
- Interaction between various disciplines
- Meaning of petroleum
- Brief History of the oil & gas Industry
- Uses of petroleum
- Historical crude oil prices
- Worldwide reserves and production
- The Origin of Oil & Gas
- The nature of crude oil
- Classification of oil and gas
- Typical oil and gas composition
- Requirements for hydrocarbon accumulation and migration
Reservoir Rock Properties, Traps and Faults:
- Porosity
- Capillary pressure
- Permeability
- Structural and Stratigraphic traps
Petroleum Prospecting (Exploration):
- Petroleum prospecting
- Seismic data acquisition
- Stratigraphic cross-section
Reservoir Mapping:
- Structure map
- Isopach map
Control of Petroleum Exploitation:
- Aspects of leasing
- International contracts
- Typical contract terms
- Concessionary system
- Production sharing system
- Risk service contracts
- Government take
Drilling Operations:
- Drilling contracts
- Components of rotary rig
- Routine drilling operations
- Functions of drilling mud
- Classification and functions of casing
- Cementing
- Well control
Type and Orientation of Wells:
- Types of wells drilled
- Orientation of wells drilled
Evaluating a Well:
- Evaluating a well
- Coring
- Open hole logging tools
- Cased hole logging tools
- Well testing
Reservoir Drives:
- Solution-gas drive reservoir
- Gas-cap drive reservoir
- Water drive reservoir