Essentials of the Oil and Gas Industry

With the oil and gas sectors growing rapidly around the world, it is essential that anyone associated with the industry has a detailed practical understanding of the key topics and issues relating to the sector.

Course Highlights

During this intensive two-day course you will get:

Grasp the drivers and changes in the oil & gas chains
Explore oil & gas hydrocarbon formation and reserves
Understand the E&P, mid-stream and down-stream processes
Investigate the effect of geopolitics on oil & gas developments
Examine market dynamics and pricing effects

For details of the course trainer, please download the course brochure

Booking Information

Dates	Prices	Book This Course	Discount
25 - 26 Oct 2010	£ 1899		-
07 - 08 Mar 2011	£ 1899		-

Course Programme

DAY ONE - THE OIL STORY

Hydrocarbon Basics

Where does it come from?
Geology - where do you find it?
Conventional & unconventional oil
Characterisation

Economics & Geopolitics of Oil

Reserves - terminology …. and reserve creep
Consumption
Supply and consumption
OPEC
"Peak Oil"

Structure of Oil industry

Supply chains
Players & roles
IOCs & NOCs – PSAs, JVs and other arrangements
Service companies

Exploring for Oil

Concessions
How we look for oil
Drilling
Probabilities of finding oil

E&P Business

Appraisal & planning
Investment & economics
Risk

Case Study: Madagascar Oil

Oil Production

Process
Depletion
Enhanced recovery

Oil Refining

Process
Products
Margin

Oil Logistics

Pipelines
Shipping
Storage

The Oil Business

Oil markets
Pricing & netback
Contracts
Trading

Case Study: Russian Oil Industry

DAY TWO - THE NATURAL GAS STORY

Conventional & Unconventional Gas Resources

Dry vs. wet gas
Flare gas
Shale gas
Coal-bed (CBM or CSG)

Economics & Geopolitics of Gas

Reserves
Supply and consumption
Resource nationalism
OGEC

Case Study: Russian Gas

Structure of Natural Gas industry

Supply chains
Players & roles
IOCs & NOCs
Integration vs. liberalised markets

Commercialising Natural Gas Reserves

Terminology
Composition
Quality
Risk

Case Study: Indonesia Natuna Gas Field

Case Study: Australian Coal-Bed Methane

Natural Gas Logistics

Pipelines – transit & transport
UGS storage
LNG & CNG
Gas-to-liquids

The Natural Gas Business

Gas markets
Contracts
Pricing & netback
Trading

Group Exercise: Commercialising a gas resource summary & closure