Upstream Oil and Gas Fundamentals 2016

Key Topics

• Land lease acquisition and obligations of the operator
• The four requirements for an oil and gas reservoir
• Geologic risk and how it is quantified
• Exploration program planning and goals
• Vertical vs. directional vs. horizontal drilling choices
• Drilling and how a well is planned
• What are the key issues in determining how a field is developed
• The importance of appraisal work
• Reservoir engineering to optimize the recovery
• Definitions of proven, probable and possible volumes
• Where petroleum economics impacts the discovery-appraisal-development-production stages
• Special techniques to recovery more oil, i.e., waterflooding, miscible gas injection, polymer-surfactant injection and thermal processes
• The theory of peak oil production … why prices are going upward

Who should Attend

• People who work on the periphery of the upstream: service companies, suppliers, refiners and pipeliners
• New employees in the upstream industry
• Investors, analysts and regulators