Fundamentals of Oil and Gas

Understand the energy value chain from upstream exploration to downstream sales. This course provides a comprehensive overview of the oil and gas industry from upstream exploration and production to downstream refining, sales and marketing.

Typical Course Outline

·         Oil Industry Overview – a look back and a look forward

·         Geographical look at oil and gas reserves and the worldwide demand; current trends in the industry

·         The oil and gas Value Chain – upstream, midstream and downstream – and the role each plays

Upstream Operations

ü  Exploration and exploitation – finding reserves and producing oil

ü  Terminology of the upstream oil and gas business

ü  Definition of oil and gas reserves

ü  The role of worldwide governments in the distribution of oil and gas supplies

ü  Structuring oil and gas operations; partnerships, joint ventures and contract

Midstream Operations

ü  Refining Crude Oil

ü  Marketing and

Downstream Operations

ü  Selling oil and gas products

·         Market and pricing determinants for the Oil and Gas Industry

·         Economics of the Oil and Gas Industry

·         Understand market shifts in the industry