Introduction:
As the main fuel sources in the world, oil and natural gas are important sectors of the energy industry and have a significant impact on the international economy. Modern technology is needed to handle the intricate, capital-intensive, and highly sophisticated systems and processes involved in the production and distribution of gas and oil.
This training course, Oil & Gas Industry Fundamentals, covers the upstream (exploration and production), midstream, and downstream areas of the industry in plain English.
Course Objectives:
On completion of this Oil & Gas Industry Fundamentals course you will be able to:
- Gain a comprehensive overview of petroleum and gas industry operations
- Confidently master the technical terms: enhance your credibility with colleagues and clients
- Explore the latest issues in exploration, drilling, production, transportation, storage, product prices, price risk management, world legal systems, economics and much more
- Understand the energy value chain – from prospect to the burner tip
- Evaluate the major costs, risks and uncertainties in oil and gas markets and projects calculate the maximum sustainable capacity.
- Explore future trends and innovations
Who Should Attend?
Oil & Gas Industry Fundamentals training course, is ideal for:
- Planning managers
- Non Geoscience engineer
- Analysts IV.Commercial managers
- Economists, bankers and stock brokers
- Government officials
- Business advisors
- Asset managers
- IT, HR and HSE personnel- Finance, accounting, auditing, taxation and legal personnel
- Administrative secretaries
Course Outlines:
Essentials of the Industry
- Meaning of petroleum
- Typical oil and gas company objectives
- Industry streams
- World reserves and production
- Peak oil
- Production management
- Quotas and capacities (OPEC/non-OPEC)
- Market distribution and dynamics
- Role of IOCs, NOCs and regulatory bodies
- Glossary of terms
Production Chemistry and Technology
- Role and scope
- Production chemistry
- Elements of production technology
- Reservoir production concepts
- Performance of flowing wells
- Well deliverability and production forecast
- Units and conversions
- Case Study: gas-oil ratio, inflow performance, effect of skin on well productivity
Production Engineering
- Completion concepts and techniques
- Casing, tubing and wellhead
- Completion equipment
- Completion design
- Artificial lift techniques
- Completion Practices and well Interventions
- Completion installations
- Multi zone completions
- Well interventions
- Production problems
- Causes of low productivity
- Effect of water-cut on economics
- Abandonments
Production Facilities
- Process selection
- Oil and gas separation
- Crude oil treating systems
- Condensate stabilization
- Gas dehydration
- Produced water-handling systems
- Pumps and compressors–centrifugal and reciprocating
- Offshore production facilities
Production Supply Planning and Scheduling
- Control room
- Oil and gas measurement and regulations
- SCADA systems
- Custody transfer and royalty payment
- Metering systems
- Specification and procedures
- Distribution pipeline network
- New metering technologies
- Case study: Gravity separation,
- metering accuracy and financial impact
Storage, Transportation and Marketing
- Oil and gas storage
- Transporting petroleum fluids
- Sales and marketing
- Challenges
- Vertical integration
- Improvements