Oil & Gas Industry Fundamentals

Course Info

Date: July-04-2022

Length: 1 Week

City: Zurich

Fees: 4,950

Type: In Classroom

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Course Details

Course Outline

5 days course

 

Essentials of the Industry
 
  • Meaning of petroleum
  • Typical oil and gas company objectives
  • Industry streams
  • World reserves and production
  • Peak oil
  • Production management
  • Quotas and capacities (OPEC/non-OPEC)
  • Market distribution and dynamics
  • Role of IOCs, NOCs and regulatory bodies
  • Glossary of terms

 

Production Chemistry and Technology

 

  • Role and scope
  • Production chemistry
  • Elements of production technology
  • Reservoir production concepts
  • Performance of flowing wells
  • Well deliverability and production forecast
  • Units and conversions
  • Case Study: gas-oil ratio, inflow performance, effect of skin on well productivity

 

Production Engineering
 
  • Completion concepts and techniques
  • Casing, tubing and wellhead
  • Completion equipment
  • Completion design
  • Artificial lift techniques
  • Completion Practices and well Interventions
  • Completion installations
  • Multi zone completions
  • Well interventions
  • Production problems
  • Causes of low productivity
  • Effect of water-cut on economics
  • Abandonments

 

Production Facilities

 

  • Process selection
  • Oil and gas separation
  • Crude oil treating systems
  • Condensate stabilization
  • Gas dehydration
  • Produced water-handling systems
  • Pumps and compressors–centrifugal and reciprocating
  • Offshore production facilities

 

Production Supply Planning and Scheduling
 
  • Control room
  • Oil and gas measurement and regulations
  • SCADA systems
  • Custody transfer and royalty payment
  • Metering systems
  • Specification and procedures
  • Distribution pipeline network
  • New metering technologies
  • Case study: Gravity separation,
  • metering accuracy and financial impact

 

Storage, Transportation and Marketing
 
  • Oil and gas storage
  • Transporting petroleum fluids
  • Sales and marketing
  • Challenges
  • Vertical integration
  • Improvements
  • Environmental Concerns in Petroleum Production
  • Waste generation
  • Handling oilfield wastes
  • Waste management and minimization
  • Industry perception on HS&E
  • Corporate responsibility
  • Safety standards
  • Environmental regulations in different regions
  • Case Study: Refining value, transportation cost, contamination limits

 

Economics of Production Management
 
  • Field appraisal and facilities planning
  • Feasibility studies
  • Capital investment planning and operating
  • Cost budgeting
  • Sensitivities analysis and investment
  • Grade estimate
  • Engineering, procurement and construction
  • Phases of production (primary, secondary and EOR)
  • Changing facilities needs
  • Economic limit

 

Human Resources Management
 
  • Corporate objectives
  • HR management challenges
  • Increasing project demands
  • Lack of qualified people
  • Ageing workforce
  • Ineffective skills transfer
  • Local resources development and training
  • Leadership and culture
  • Role of government regulatory agencies

 

Disaster and Contingency Planning
 
  • Scenario planning
  • Think of the unthinkable
  • Minimal operational requirements
  • Alternates
  • Strategic reserves
  • Maximum sustainable capacity
  • Future Trends
  • Intelligent (smart) wells
  • I-Fields – Hi-tech control rooms – Innovations

Course Video