Basic Petroleum Technology

Audience

The course is designed for non-petroleum professionals, secretarial, administrative, management, field support, accounting, purchasing, economics, legal, finance, human resources, drafting, land and data processing personnel, and those interested in obtaining a general understanding of the petroleum industry.

Purpose

This workshop provides practical guidance in the application of the techniques of the economic analysis currently used in the oil & gas. Techniques for predicting profit, production, costs, and cash flow enable the analyst to evaluate decision alternatives for optimum results. Understanding economic indicators, risk and uncertainty, different economic structures such as royalty/tax regimes and production sharing contracts, enhances the quality and the value of economic analysis.

Prerequisite

The course will include a number of exercises aimed at enhancing each participant capability to conduct various petroleum problems. A number of short films will be presented during the course to enhance the participants’ knowledge about the petroleum operations. Additionally, the seminar assumes no or limited prior knowledge of the topics covered in the course.

Learning Objectives

• Familiarize the participants with global oil & gas related statistics, such as reserves, production, consumption and ex
• Familiarize the participants with both upstream, middle stream and downstream operations and related fac
• Familiarize the participants with various methods and techniques used to explore, drill, produce, treat and transport oil, gas and their produc
• Gain an overview of the typical oil & gas operations facilities from wellhead, flow lines, separators, tanks, pumps and compressors, pipelines, gas treatment and processing, refinery operations, etc
• Understand the basic concept with regards to evaluating oil & gas reserves, artificial lift and enhancing recovery.
• Understand the challenge associated with this industry such as offshore operations, horizontal drilling and other safety conce
• Get a general feel for petroleum economics and risk analy