Oil and Gas Exploration and Production Fundamentals
Build your confidence and understanding of the petroleum business lifecycle and its technical jargon by examining the geological, physical, engineering and commercial components of exploration, drilling, production and facilities management
Oil and Gas Exploration and Production Fundamentals
Learn about oil and gas exploration and production. Build your confidence in and understanding of the petroleum business lifecycle and its technical jargon by examining the geological, physical, engineering, and commercial components of oil and gas exploration, drilling, production, and facilities management.
About the Course
What are the fundamentals of oil and gas exploration and production? This intensive course will provide participants with a solid all round grounding in the technologies, concepts, methods, and language used in upstream oil and gas projects.
The technical and commercial building blocks of oil and gas projects will be examined, and how a venture progresses, from the point of acquiring a licence, through exploration, appraisal, concept selection, and the development phase, into production, late field life and, finally, decommissioning.
The link to downstream is bridged with a discussion on refining and the LNG business.
Participants will learn to appreciate the impact of geological and reservoir uncertainty on concept selection and production management, and how the right combination of technology, business processes and decision making can improve project value.
Towards the end of this oil and gas exploration and production training programme, the critical roles of the many different disciplines and stakeholders involved in upstream projects will be discussed.
The commercial aspects of how oil and gas fields are evaluated and which profitability indicators are used to screen and rank projects will be analysed.
Who Will Benefit
This oil and gas exploration and production fundamentals course is not a basic-level introductory programme. It has a specific techno-commercial focus for technical and business-oriented professionals who are either new to the upstream oil and gas industry or experienced in one part but could benefit from a wider perspective.
- Technical (exploration and production, geoscience and engineering)
- Non-technical (commercial, finance, marketing, and legal) backgrounds
- Those who have recently joined a petroleum market development/project
Key Learning Objectives
- Review the global make-up of the oil, gas and LNG-export industries, their jargon and challenges
- Discover petroleum exploration, drilling and evaluation/testing techniques and methods
- Appreciate reservoir engineering and the uncertainty surrounding resource/reserve estimation
- Understand field development planning techniques, economic assessments and reservoir management
- Gain awareness of basic petroleum geoscience, petrophysics and field appraisal
- Determine the basic components of production engineering, managing field decline, processing, and refining
- Understand petroleum economics and appreciate the balance between commercial and technical risk, uncertainty and opportunity in a project lifecycle
- Review the design, construction, commissioning, and decommissioning of facilities
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Course Information
Instructional Delivery Method: In Person
Prerequisite & Advanced Preparation: Reading material will be sent prior to the course
LEARN MORE ABOUT THIS TRAINING COURSE
Delivered by Professor Peter Moore
Professor Peter Moore is a senior energy executive and has over 35 years of industry experience in the resources industry and academia. Most of his career has been spent in senior and executive management roles within the oil and gas industry, mainly at Esso Australia Ltd, Exxon Exploration Company (Houston) and Woodside Energy Ltd, although he started his career in the mining industry and with the WA Geological Survey.
Run this course in-house
Informa Connect Academy’s customised training solutions have helped organisations deliver tailored learning in different languages to suit every requirement.