Participants
on this training course will gain a fundamental understanding of the oil and
gas exploration and production. The course covers the wide range of scientific,
technical, engineering, management, commercial and business topics, that are
key to understanding the complex, and highly interesting, oil and gas industry.
The
training course is suitable for a wide range of participants, from both
technical and non-technical backgrounds, both experienced and new to the
industry, who wish to acquire a working knowledge of the industry. No
prior knowledge of the topics is assumed
Training Objectives
What are the Goals?
By the end of this training course, participants will have an
understanding of:
The background to, and importance
of, the oil and gas industry
The wide range of professional
disciplines involved in the industry
The science behind the formation
of oil and gas deposits
How oil and gas assets
(reservoirs) are discovered and developed
The facilities and processing
required to transport the oil and gas for sales
The economics that drive the
feasibility of oil and gas discoveries
Target Audience
Who is this Training Course for?
This course
is suitable for a wide range of participants, from both technical and
non-technical backgrounds, both experienced and new to the industry. No
prior knowledge of the topics is assumed.
In particular, the training course will be of great interest to:
Early career professionals within
oil and gas and other energy sectors
Persons within service sector
companies that serve the oil and gas industry
Commercial, financial, insurance
and legal professionals with energy interests
Those working for government and
non-government organisations that are involved in regulation and oversight
Training Methods
How will this Training Course be Presented?
The training course is made interesting and accessible by means
of:
Interactive presentations and
tutorials
Videos and posters
Debates and discussions
Quizzes
Case studies
Daily Agenda
Day
One: The Role of the Key Geoscience Disciplines
Industry
Perspectives. The upstream oil and gas
industry from various key ‘perspectives’, such as the oil and gas asset
lifecycle, the value chain, the industry players, and the place in
society.
Geology.
The formation of oil and gas and the conditions for the existence of a
‘petroleum system’ from which oil and gas may be produced.
Geophysics.
How geological structures deep below the earth's surface, and likely to
contain oil and gas, are identified using sophisticated seismic and other
survey techniques.
Petrophysics.
The physical and chemical properties of the rock and fluids that make up
the reservoir, leading to an understanding of how the oil and gas can be
extracted from the rocks and brought to the surface.
Day
Two: The Role of the Key Engineering Disciplines
Reservoir
Engineering. How oil and gas that is trapped
in a reservoir can be drained in the most efficient way using natural and
enhanced recovery mechanisms.
Well Engineering.
How oil and gas wells are planned, drilled, tested, operated, and
eventually decommissioned and made safe, and the techniques used to
improve well performance.
Facilities
Engineering. The design, construction and
operation of equipment and structures to enable oil and gas emerging from
the wells to be transported to a place of sale, for example an oil
refinery.
Day
Three: The Role of the Integrated Development Team
Field
Development Planning. How the integrated, team, drawn
from all disciplines (commercial, scientific and engineering) collaborate
to identify the best way to develop a reservoir.
Day
Four: Economics and Decision Making
Petroleum
Economics. The role of economics in the
planning of oil and gas developments, in order to maximise value,
including the use of cash flow analysis, time value of money and
investment indicators.
Decision
Analysis. How the integrated field
development team make complex decisions, involving many different types of
input parameters, in order to ensure that very large investments are made
rationally and efficiently, using tools such as expected value,
sensitivity analysis, decision trees and Monte Carlo simulation.
Day
Five: Commercial, Safety and Environment
Production
Contracts & Licences. The legal, fiscal and
contractual conditions under which an oil company acquires the right to
produce oil or gas, and the way that the revenue and wealth is shared with
the host country.
Petroleum
Resources Management. How quantities of oil and gas in
the reservoir (reserves and resources) are calculated, classified and
reported in a consistent manner for management, regulatory and investment
and purposes.
Corporate
Responsibility. How oil and gas projects
are executed in a safe and sustainable manner, with due respect for the
environment, and it a way that benefits the local communities in which
activities take place, covering topics such as: safety, environmental
impact and social licence to operate.
Awarded Certificate
On successful completion of
this training course, Certificate will
be awarded to the delegates
