Oil & Gas Business Management for International Practices

Course Overview

Welcome to the Understanding the Oil & Gas Sector course! This essential training provides a non-technical review of the vital operations within the oil and gas industry, which is pivotal to the global economy, accounting for approximately 2.5% of the world GDP. Oil and gas remain crucial energy sources, expected to sustain their importance even as alternative energy sources grow. This course is designed to equip non-technical personnel working in the petroleum industry or related fields with foundational knowledge of the sector's operations, from exploration and production to refining and marketing. Join us to explore the comprehensive oil and gas supply chains, understand their dynamics, and grasp the industry's core processes, drivers, threats, and opportunities. 

Target Audience

This course is tailored for:

• Individuals seeking broader knowledge of the oil, gas, and energy industries.
• New recruits in oil, gas, and energy companies.
• Oil & gas field personnel.
• Operations, maintenance, and engineering professionals.
• Finance, procurement, and supply chain staff.
• Support staff interested in understanding oil & gas production operations, including analysts, planners, traders, sales, marketing, engineering, and refining personnel.
• Ministerial, governmental, industry bodies, and development agency staff. 

Course Objectives

Upon successful completion of this course, participants will:

• Identify where petroleum originates and how it accumulates.
• Recognize and understand basic geology related to petroleum formation and exploration.
• Identify stakeholders within the energy supply chain.
• Explore the global oil and gas industry, understanding various types of oil companies.
• Understand exploration and production techniques and their associated risks.
• Gain insights into petroleum economics, fiscal policies, and project planning.
• Become aware of development, transport, and market options for oil and gas.

Key Outcomes

• Petroleum Origins: Understand the sources and accumulation processes of petroleum.
• Geological Insights: Gain knowledge of basic geology and its importance in petroleum exploration.
• Industry Stakeholders: Identify key players in the energy supply chain.
• Global Industry Overview: Explore the history and current state of the oil and gas industry.
• Risk and Economics: Delve into the economic and fiscal aspects, along with project planning in petroleum.

Course Outline

Module 1 - Introduction to the Oil Production Life Cycle 

• Overview of oil and gas operations.
• Understanding crude oil and natural gas.
• Role of oil and gas in energy supply and demand.
• Descriptions of distinct oil and gas supply chains.
• Origin and distribution of oil and gas.
• Trends in upstream production, reserves, and pricing.
• Consumption trends of petroleum products.
• Licensing and bidding dynamics.

Module 2 - Petroleum Geology and Drilling Operations 

• An introduction to petroleum geology.
• Exploration technologies and activities.
• Properties of reservoir rock and fluids.
• Drilling operations and engineering.
• Well completion techniques.

Module 3 - Reservoir and Well Dynamic Behavior 

• Understanding reservoir drive mechanisms.
• Estimation and prediction of reservoir performance.
• Field appraisal and volumetric estimation.
• Project planning and management of field developments.
• Exploration of upstream fiscal terms and contractual arrangements.

Module 4 - Field Development and Production Operations 

• Secondary recovery and pressure maintenance techniques.
• Enhanced oil recovery methods.
• Role and tasks of production technology.
• Inflow performance and artificial lift systems.
• Well stimulation techniques.

Module 5 - The Role of Technology in Hydrocarbon Processing 

• Operations of surface facilities.
• Introduction to oil and natural gas processing.
• Gas treatment operations and products.
• Pipeline transportation of oil and gas.
• Exploration of refined products and case studies.