Upstream Oil and Gas Fundamentals 2016 is a course that covers topics such as:
- 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
Upstream Oil and Gas Fundamentals 2016 is intended for:
- 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
