Upstream Exploration for Oil and Gas will introduce you to principles, definitions, and concepts regarding
1) The formation of oil and gas
2) How exploration activities find oil and gas accumulations
3) How the discovered volumes of oil and gas are evaluated, quantified and reported.
You will learn about risks, technologies, investment decisions and operations in one of the world’s most important industries.
With more than 5 hours of online, recorded instruction, you get the same in-depth, top-notch learning experience that EMI’s in-person classes are known for. Plus you have the advantage of accessing your course anytime, anywhere.
WHAT YOU WILL LEARN
Learn about: Crude oil and natural gas formation; Petroleum geology; Geoscience tools that image the subsurface and measure rock properties; Managing exploration risk and the economics of exploration; How geologists and engineers estimate the size of the discovery; Why appraisal drilling and petrophysics saves investment dollars; What proven, probable and possible reserves mean to the oil and gas professional.
Topics covered include:
- Petroleum formation and geoscience techniques (the rock cycle, plate tectonics, hydrocarbon generation, source rocks, reservoirs, traps, seals, unconventional resources, seismic and well data).
- Geologic risk and exploration economics (basin analysis, commerciality / volumetrics, mineral leasing, global oil and gas reserves, national oil companies vs. international oil companies).
- Appraisal drilling and petrophysics (the appraisal process, reserves and resources definition).
Special focus on:
- The essential elements for a commercial oil and gas reservoir.
- Land lease acquisition and obligations of the operator.
- Exploration and appraisal program planning and goals.
- Geologic risk and how it is quantified.
- Vertical vs. directional vs. horizontal drilling choices.
The course leads attendees through five sessions totaling 5hrs 13 minutes of recorded instruction. The course covers exploration through appraisal evaluation of a discovery including reserves recognition. Key terminologies and concepts are developed using numerous examples. Attendees will learn fundamental petroleum geology and exploration principles which provide a solid foundation for understanding drilling, reservoir development and production concepts. We will also consider the differences between onshore and offshore activities and conventional versus unconventional resources.
SCORM compliant. Available across all platforms (desktop, tablet and mobile).
EMI online learning programs provide immediate access to instructor-narrated courses on a wide variety of industry topics. Most courses contain multiple sessions comprising 6 or more total hours of content. Upon purchasing you will receive an instant email containing your secure registration credentials. Your course selections are ready and waiting for you upon login. Programs are viewed on demand using your standard web browser and high-speed internet connection. Access to each individual session will end 14 days after first being accessed, although there is no limit to the amount of time it takes to complete the entire course. You can start, stop, pause and view the content within each session as often as you like during the access period.
WHO SHOULD ATTEND
This course is an excellent introduction to new employees in the upstream industry, introducing them to concepts, terminology and relationships that can take years to learn on their own. People who work on the periphery of the upstream (service companies, suppliers, refiners and pipeliners) will find that these sessions clear up many of the uncertainties and confusions that exist. Investors, analysts and regulators will gain insight into the risks and rewards of the business as well as how to interpret press releases and annual reports that detail significant events in an often-times arcane language.
Course At a Glance
|Industry Segment||Natural Gas, Oil|
|EMI Competency Path||Certified Energy Professional, Natural Gas, Oil|
|Course Length||5 hours 13 minutes|