Foundational of Oil & Gas Exploration and Production

Course Info

Length: 2 Weeks

City: Kuala Lumpur

Type: In Classroom

Available Dates

  • July-08-2024

    Kuala Lumpur

  • Aug-12-2024

    Kuala Lumpur

  • Sep-09-2024

    Kuala Lumpur

  • Oct-07-2024

    Kuala Lumpur

  • Nov-11-2024

    Kuala Lumpur

  • Dec-09-2024

    Kuala Lumpur

Dates in Other Venues

  • June-17-2024

    Singapore

  • June-17-2024

    Paris

  • June-24-2024

    Dubai

  • June-24-2024

    Barcelona

  • July-01-2024

    London

  • July-01-2024

    Amsterdam

  • July-08-2024

    Istanbul

  • July-15-2024

    Singapore

  • July-15-2024

    Paris

  • July-22-2024

    Dubai

  • July-29-2024

    Barcelona

  • Aug-05-2024

    London

  • Aug-05-2024

    Amsterdam

  • Aug-12-2024

    Istanbul

  • Aug-19-2024

    Singapore

  • Aug-19-2024

    Paris

  • Aug-26-2024

    Dubai

  • Aug-26-2024

    Barcelona

  • Sep-02-2024

    Amsterdam

  • Sep-02-2024

    London

  • Sep-09-2024

    Istanbul

  • Sep-16-2024

    Singapore

  • Sep-16-2024

    Paris

  • Sep-23-2024

    Dubai

  • Sep-30-2024

    Barcelona

  • Oct-07-2024

    London

  • Oct-07-2024

    Istanbul

  • Oct-07-2024

    Amsterdam

  • Oct-21-2024

    Paris

  • Oct-21-2024

    Singapore

  • Oct-28-2024

    Dubai

  • Oct-28-2024

    Barcelona

  • Nov-04-2024

    London

  • Nov-04-2024

    Amsterdam

  • Nov-11-2024

    Istanbul

  • Nov-18-2024

    Singapore

  • Nov-18-2024

    Paris

  • Nov-25-2024

    Dubai

  • Nov-25-2024

    Barcelona

  • Dec-02-2024

    Amsterdam

  • Dec-02-2024

    London

  • Dec-09-2024

    Istanbul

  • Dec-16-2024

    Paris

  • Dec-16-2024

    Singapore

  • Dec-23-2024

    Dubai

  • Dec-30-2024

    Barcelona

Course Details

Course Outline

10 days course

Global energy context: oil and gas supply and demand
 
  • Global energy and the transition to cleaner fuels
  • Main producing regions – globally and locally
  • Global supply vs demand – can we deliver?
  • The exploration, development, and production value chain – an overview of the asset management cycle

 

LNG
 
  • The role of LNG
  • LNG development, production and liquefaction, includingcase examples and videos
  • LNG construction, contracting, shipping, marketing, business models, economics
The petroleum system
 
  • Basins, basin formation and plate tectonics
  • Components of oil and gas accumulations – source, seal, reservoir and trap
  • Petroleum provinces of the world – geological framework
  • Gaining entry: exploration license types and agreements - Production sharing contracts vs. tax and royalty systems

 

Exploration methods
 
  • Gravity and magnetics
  • Seismic – 2D and 3D onshore and offshore
  • Oil and gas volumetrics, reserves and risking
  • Valuing a prospect – risking, NPV and expected monetary value

 

Drilling systems and techniques
 
  • Types of drilling rigs – onshore and offshore
  • The rotary system – conventional, top drive and rotary steerable
  • Drilling fluids, types and functions
  • Well planning considerations
  • Drilling a well including well control
  • Casing and cementing
  • Things that can go wrong – stuck pipe, overpressures, lost circulation and kicks
  • Mud logging

 

Reservoir description
 
  • Reservoir rock types
  • Depositional environments – the use of outcrop, analogues, well and seismic data
  • Structures – faults, folds and fractures • Digenesis and reservoir property modifications
  • Reservoir fluids and composition • Drive mechanisms – how does a well flow
  • Volumetric estimates and reserves classification
  • Well testing and reservoir surveillance – data gathering activities
  • Reservoir modelling and simulation

 

Field appraisal
 
  • Role of appraisal and uncertainty
  • More data vs. a more flexible concept
  • Appraisal planning
  • The value of information

 

Concept selection and field development planning
 
  • Defining requirements and specifications
  • HSE requirements in field development
  • From reservoir to surface – well completions and artificial lift
  • Basic processing equipment
  • The process flow scheme – from well head to refinery
  • Facilities options and concepts – onshore/offshore
  • Evacuation options

 

Petroleum economics
 
  •  Elements of a project cash flow and commercial indicators
  • Discounting
  • Production profiles into revenue
  • Commercial risks, uncertainties, and opportunities
  • Oil vs. gas
  • Profitability indicators used for oil and gas projects
  • Project screening and ranking
  • Economics vs strategies – publicly traded companies vs.national oil and gas companies

 

Managing production
 

 

  • Managing the subsurface
  • Managing surface facilities and maintenance
  • De-bottlenecking
  • Managing the external factors

 

Managing field decline
 

 

  • Infill drilling
  • Workover activities
  • Facilities and process integrity issues
  • Enhanced oil recovery techniques
  • Incremental projects and near field opportunities

 

Oil Refining
 

 

  • • Review how crude oil is refined via a short movie
  • • Understand the physical separation of crude via fractionation into the main fractions required for market ie. gases, gasoline, diesel, kerosene, and residue/heavy fractions

 

Decommissioning
 

 

  • Legislation
  • Economic vs. technical lifetime
  • Decommissioning funding
  • Decommissioning methods

Course Video