Discipline E&P Introduction and Fundamentals ,
Upstream Business Simulator
LevelAwareness
Duration5 Days
Delivery Mechanism Classroom with Simulator
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Introduction to Petroleum Exploration and Production with OilSim

Petroleum Exploration and Production is an awareness level course designed for professionals associated with the oil and gas industry. The course content is designed to expose the participants to the full life cycle of the oil and gas industry. Participants will understand the functions of companies involved throughout the cycle and their roles and responsibilities.

The course will provide an overview of technologies, workflows and processes that enable the oil and gas industry to explore, appraise, develop and produce hydrocarbons. Throughout the course, participants will learn the risks and rewards associated with the industry along with their social, environmental and financial impacts.

This course uses OilSim, a learning platform in which teams take on the roles of oil and gas companies and authorities, and are guided by expert facilitators to learn through actively making decisions in a virtual, realistic business environment.

  • Agenda
  • Topics
  • Audience
  • Agenda

    Day 1

    Introduction

    In day one, the participants will be exposed to the definition of hydrocarbon deposits and the key phases of the reservoir life cycle. Consequently, the course will cover the principle of Exploration Geology and Geophysics. Introducing exploration technologies and process that enables the oil and gas industry to define the origins of petroleum reservoirs, as well as exploration business processes and risk assessment.

    OilSim challenge 1 "Nominating blocks" will be utilized in a competitive but friendly teamwork environment.

    Day 2

    Exploration

    In day two, the course will continue covering exploring using common risk segment maps (CRS) and 2D seismic.  Drilling will be extensively covered including who is involved in drilling, main types of rigs and main rig sub-systems, and well design, directional drilling and the drilling AFE.

    OilSim challenge 2a "Prioritizing blocks with CRS" and challenge 2b "Use of 2D seismic and bidding" will be utilized in a competitive but friendly teamwork environment.  In OilSim challenge 3a participants learn about portfolio risks and collaboration between oil and gas companies through partnership agreements.

    Day 3

    Appraisal and Field Development Planning

    In day three, appraisal technologies and processes that define the rocks and fluids (Oil/Gas/Water) properties; how the reservoirs are evaluated; estimate and categorize resources and reserves; define how the discoveries are going to be produced - drive/depletion mechanisms; completions types and activities.  Field development planning activities using the appraisal information and petroleum economics and risk will also be discussed.

    OilSim challenge 3b "Appraisal Drilling" and challenge 4 "Depletion planning" will be utilized in a competitive but friendly teamwork environment.

    Day 4

    Facilites Planning and Construction

    In day four, the facilities and why they needed is addressed.  Personnel involved in facilities design and construction, the main pieces of equipment in the facilities and their function are all discussed.  The basics of project management are also introduced as an important part of the construction process.

    OilSim challenge 5 "Facilities Planning",  challenge 6a "Construction project planning", and challenge 6b "Construction project execution" will be utilized in a competitive but friendly teamwork environment.

    Day 5

    Producing and Summary

    In day five, the course will review personnel and companies involved in production. Consequently, participants will be exposed to technologies and processes required to prepare and produce well fluids; process the recovered fluid to separate oil, gas and water and sell oil and gas and dispose or reinject water. Furthermore, the course will cover how to minimize operating expenses; monitor and maximize production; and eventually abandon a well. 

    The course will end with team reflections on all learning modules, as well as the use of OilSim.

  • Topics

    This course introduces the fundamental aspects of full life cycle of oil and gas industry including the key four phases - exploring, defining, developing and producing along with the financial aspects of the oil and gas busi-ness. The course will also cover similarities and dissimilarities among national and international oil companies and the functions of various service providers.

    Key Learning Elements

    • People – involved personnel and their functions in the oil and gas business.
    • Life Cycle – various phases of the oil and gas industry.
    • Technologies – exposure to enabling technologies and processes for successful exploitation of the non-renewable hydrocarbon resources.
    • Social, environmental and financial aspects of the oil and gas business.
  • Audience

    This course is designed to provide an overview of full life cycle of oil and gas business to individuals involved in any capacity with the industry.

  • Prerequisites

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