McTimothy Associates

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OIL AND GAS BUSINESS MANAGEMENT: UNDERSTANDING INTERNATIONAL BEST PRACTICES

Why Attend

The Oil & Gas sector is considered to be one of the important areas of the global economy liable for about 2.5% of world GDP. Oil & Gas is a vital source of energy for the world and will be expected remain so for many decades, even under assumptions about the growth in alternative energy sources. It is highly desirable that non-technical personnel that works in the petroleum industry or in related activities acquire a practical basic understanding of the petroleum industry in an interesting and effective manner.

The course provides a non-technical review of upstream (exploration and production), midstream (gas processing and transportation) and downstream (refining and marketing) operations. Further, the course comprehensively covers the oil and gas supply chains from exploration through field development, valuation, and risk, production, transportation, processing and refining, marketing, contracts, trading, retailing, logistics, emerging markets and competition with alternative energies.   As such, it provides understanding and insight into the processes, drivers, threats, and opportunities associated with the core industry activities.

Participants will gain an appreciation of the principal activities in the international upstream and downstream petroleum industry and an understanding of how this inter-relate, as well, an awareness of the impact of external influences and the ways in which the industry is adapting to increase its competitiveness and to meet new challenges.

$ 141.41

Event Date: 17/07/2023 – 20/07/2023

Total:

Module 1 – Introduction – Oil Production Life Cycle

    • Overview of oil and gas operations
    • The nature of crude oil and natural gas
    • Oil and gas in energy supply and demand
    • Descriptions of the distinct oil and gas supply chains
    • Origin and distribution of oil and gas
    • Upstream production, reserves and price trends
    • Petroleum product consumption trends
    • Supply, demand to license and bidding

Module 2 – Petroleum Geology and Drilling Operations

    • Petroleum geology
    • Exploration technologies and activities
    • Reservoir Rock Properties
    • Properties of Reservoir Fluids
    • Drilling operations and Engineering
    • Well Completions

Module 3 – Reservoir and Well Dynamic Behavior

    • Reservoir Drive Mechanisms
    • Estimation of Reserves and Prediction of Reservoir Performance
    • Field Appraisal & Volumetric Estimation
    • Project planning and managing field developments
    • Upstream fiscal terms, contractual and project finance

Module 4 – Field Development and Production Operations

    • Secondary Recovery and Pressure Maintenance
    • Introduction to Enhanced Oil Recovery Techniques
    • Role and Tasks of Production Technology
    • Inflow Performance
    • Artificial Lift Systems
    • Well Stimulation

Module 5 – The Role of Technology in Hydrocarbon Processing

    • Surface Facilities Operations
    • Introduction to Oil & Natural Gas Processing
    • Gas treatment Operations and Products
    • Pipeline transportation of oil and gas
    • Refined products
    • Case Studies

 

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