Oil and Gas Technical Competence for Non-Technical Professionals

Introduction

In today’s competitive and demanding market environment, non-technical professionals need to acquire and develop essential skills that will improve their technical competence in Oil & Gas while, at the same time, improve their overall knowledge that will enable them to relate it to better serve their organization. The Oil & Gas Technical Competence for Non-Technical Professionals course is an excellent introduction to the highly complex industry that is pivotal to our modern way of living. This training course not only covers production fundamentals but also includes the necessary upstream background, geology, origins of oil & gas, transportation and storage refining, and petroleum product sales and marketing. The training course also includes ownership and land rights, surface operations, production strategy development, and project economics. Participants attending Oil & Gas Technical Competence for Non-Technical Professionals training course will develop the following competencies:

• Learn the basics of oil and gas formation
• Understand the importance of reserves location v’s market location
• Update their knowledge on modern petroleum exploration
• Become aware of the latest developments in refining and storage
• Develop their skills in providing an improved service to their customers
• Appreciate the importance of geopolitics on oil transportation and pricing
• Improve the competitive position of their company/ department in the market
• Help their organization to optimize their daily operations and activities

Objectives

By the end of the course, participants will be able to:

• Get an overview of the Global Oil & Gas Industry, from discovery to production through to consumption
• Gain an overview of Refining processing
• Evaluate the primary uses of oil and gas and the significance of oil and gas within the global energy industry
• Appreciate the role of the various organizations involved in the oil and gas industry – governments, oil companies, service companies, regulators, external (i.e. non-oil) bodies, and others
• Understand the objectives, functions, and commercial relationships between companies and organizations in the upstream and downstream oil and gas supply chain.
• Comprehend the Geopolitics of Oil and Gas and the Major challenges facing the energy industry
• The future of the oil and gas business

Training Methodology

This is an interactive course. There will be open question and answer sessions, regular group exercises and activities, videos, case studies, and presentations on best practices. Participants will have the opportunity to share with the facilitator and other participants what works well and not so well for them, as well as work on issues from their own organizations. The course is conducted online using MS-Teams/ClickMeeting.

Who Should Attend?

The Oil & Gas Technical Competence for Non-Technical Professionals training course is suitable for a wide range of professionals employed in the petroleum industry, and it will be particularly beneficial to:

• New entrants to the Oil & Gas industry
• Petroleum engineers and geologists new to their careers
• Financial, marketing, legal, and other professionals and their staffs interested in the industry
• E&P service company personnel will find it particularly beneficial in understanding the roles played by their clients
• Graduates wanting to get a better overall understanding of the business
• Professional advisers and Business Consultants

Course Outline

Day 1: The Oil and Gas Industry Overview

• Introduction and overview of the Oil & Gas Industry

• Global petroleum reserves, supply, and demand

• The nature and formation of fossil fuels and oil reserves

• The Sedimentary theory for oil and gas formation

• Fossil fuel Characteristics

• Crude oil Assay & properties

• Product properties & specifications

Day 2: Hydrocarbon Location, Geology, and Exploration

• Hydrocarbon Location, Geology, and Exploration

• Hydrocarbon Traps and trapping mechanism

• Petroleum Exploration methods and Seismic Surveys

• Drilling the Well and Drilling Technology

• Casing and Logging the Well

• Reservoir production mechanisms

• The Technology of Offshore Drilling

Day 3: Fiscal Regimes - Hydrocarbon Ownership

• Introduction to tax and royalty schemes

• Fiscal Regimes / PSA JV’s,

• Concessions and licenses

• Effect on the fiscal take from oil price fluctuations

• Lifting and production costs

• Reserve estimates and location

Day 4: Crude Oil and Natural Gas Treatment & Storage

• Oil, Gas & water Separation Processes

• Produced Water Generation and Management Practices

• Crude oil stabilization

• Natural gas processing and commoditization

• Oil and gas transmission and pipeline specifications

• Petroleum and petroleum product storage

• Tank gauging & Fiscal Metering

• Transportation and Sales

Day 5: Oil and Gas, Mid and Downstream Activities

• Crude Oil Refining Processes

• Refining complexity

• Refining profitability and netbacks

• Petrochemicals, adding value

• Time value of money

• Key Performance Indicators

  • NPV, IRR, DPIR, UTC, Payback

• Discounting and non-discounting methods