Overview of the Petroleum Industry
About the Course
Participants will develop a comprehensive grasp of the Exploration, Appraisal, Development, and Production phases, with a specific focus on actionable steps they can individually undertake within each phase to facilitate value creation. This course employs a variety of teaching methods, including lectures, multimedia presentations, and interactive class exercises, to provide a wide-ranging understanding of upstream business knowledge encompassing economic, business, geoscience, and engineering subjects. Discussions will encompass various resource plays, including deepwater, shale oil/gas, and enhanced oil recovery technologies.
Course Content
- The Business of E&P
- Hydrocarbon origin
- Exploration – acquisition of exploration/development rights
- Exploration – prospect generation & evaluation
- Appraisal – asset characterization & reserve quantification
- Development – drilling, completion, & facilities
- Produce Asset – recovery optimization strategies.
Who should attend?
This course caters to both technical and business-oriented professionals who are either newcomers to the upstream oil and gas sector or experienced in one aspect but seek a broader perspective. Additionally, for non-industry personnel, it provides a foundational understanding of various Exploration and Production (E&P) topics. Legal, Financial, Accounting, Management, and Service Company team members will find significant value in gaining insights and knowledge from this course.
Course Duration - 5 Days