Oil and Gas Exploration and Production Fundamentals

Course Overview

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.

You 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 Should Participate

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 Benefits

• 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

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.