Oil and Gas Industry Fundamentals


5 Days

Start Date


End Date





1690 KD

20% discount for group above 5 attendees


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