Fundamentals of Oil and Gas Industry Operations

202419aug(aug 19)12:25 am23(aug 23)12:25 amFundamentals of Oil and Gas Industry Operations

Course Details


  • Overview of the Oil & Gas Industry
  • Prospecting and exploration
  • Domestic and international leasing
  • Drilling, testing, and completion
  • Reserves Evaluation
  • Production and maintenance
  • Transportation and storage
  • Refining, gas processing, liquefied natural gas (LNG), petrochemicals, and natural gas liquids (NGLs), etc.
  • Marketing, pricing, and economics


General Overview of the Industry

  • The petroleum industry
  • Typical oil & gas Company objectives
  • Typical oil & gas Industry activities
  • Typical oil & gas industry organization structure
  • Interaction between various disciplines
  • Meaning of petroleum
  • Brief History of the oil & gas Industry
  • Uses of petroleum
  • Historical crude oil prices
  • Worldwide reserves and production

The Origin of Oil & Gas

  • The nature of crude oil
  • Classification of oil and gas
  • Typical oil and gas composition
  • Requirements for hydrocarbon accumulation and migration

Reservoir Rock Properties, Traps and Faults

  • Porosity
  • Capillary pressure
  • Permeability
  • Structural and Stratigraphic traps

Petroleum Prospecting (Exploration)

  • Petroleum prospecting
  • Seismic data acquisition
  • Stratigraphic cross-section

Reservoir Mapping

  • Structure map
  • Isopach map

Control of Petroleum Exploitation

  • Aspects of leasing
  • International contracts
  • Typical contract terms
  • Concessionary system
  • Production sharing system
  • Risk service contracts
  • Government take

Drilling Operations

  • Drilling contracts
  • Components of rotary rig
  • Routine drilling operations
  • Functions of drilling mud
  • Classification and functions of casing
  • Cementing
  • Well control

Type and Orientation of Wells

  • Types of wells drilled
  • Orientation of wells drilled

Evaluating a Well

  • Evaluating a well
  • Coring
  • Open hole logging tools
  • Cased hole logging tools
  • Well testing

Reservoir Drives

  • Solution-gas drive reservoir
  • Gas-cap drive reservoir
  • Water drive reservoir
  • Combination drive reservoir

Well Completions

  • Factors in completion design
  • Completion types
  • Reservoir stimulation

Artificial Lift Systems

  • Why use artificial lift?
  • Beam pumping and gas lift
  • Hydraulic and Electrical submersible pumps

Separating and Treating Well Fluids

  • Crude treatment and processing
  • Treating natural gas

Maintenance of Facilities

  • Well servicing and work over
  • Remedial cementing

Oil & Gas Reserves

Reserves evaluation methods

  • Oil and gas reserves estimates
  • Volumetric estimates
  • Decline curves analysis
  • Economic limit

Reservoir Management

  • Maximize oil & gas recovery
  • Improved oil recovery
  • Field development activities

Oil & Gas Processing

  • Crude oil refining
  • Gas processing

Crude Oil Marketing

Transportation of Oil & Gas

International Contracts

  • Concessionary system’s cash-flow
  • Production sharing system’s cash-flow

Project Economics

  • Data required for economics
  • Cash-flow projections
  • Typical decision yardsticks
  • Characteristics of ideal yardsticks

Investment Selection & Decision-Making

  • Investments types
  • Types of investment decisions
  • Investment decision-making
  • Uncertainties in oil and gas investments

Who Should Attend ?

  • Finance and Accounting
  • Banks and financial institutions
  • Human resources and planning
  • Legal and marketing
  • Security and secretarial staff
  • Chemists and technicians
  • Field supervisors and training specialists
  • Contracts and materials procurement specialists
  • Information systems and health, safety & environment (HSE) specialists
  • Administrative and technical support staff


19 (Monday) 12:25 am - 23 (Friday) 12:25 am(GMT+03:00)



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Health Guidelines for this Event

Masks Required
Physical Distance Maintained
Event Area Sanitized
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