Exploration and Production Process Basics

Introduction

This workshop describes the petroleum value chain from prospect identification, to project commissioning and to final abandonment. Participants will leave this course with a firm understanding of the petroleum industry. Upon completion, participants will have the knowledge and tools necessary to understand the relationships and dependencies across the E&P industry.

The course offers a fresh look at a range of critical, inter-related topics and will be taught with the modern learner in mind.  Multiple tools, such as peer-based learning, internet resources, hands-on exercises, in-depth team workshops, and group discovery sessions, will be used to ensure learning retention and recall.  Participants work as members of multi-disciplinary teams using real oil-field data in interactive workshops that illustrate technology/business concepts. Each team will be held accountable for the results of their interpretations in a safe, constructive learning environment.  Other skills will be learned in short hands-on exercises that reinforce the learning points from the lectures.  Lecturers are widely-experienced oil field professionals who can share experiences from a number of technical settings and organizational approaches to give the students a broad view of the industry and its participants.

The extended workshops conducted through the two weeks of the course include an exploration/discovery workshop, an appraisal workshop to define the static and dynamic models for a new discovery and a facilities workshop in which the students fit the facilities to their newly-defined discovery. Uncertainties, risk management, business practices, and project management lessons are learned through these team events.

Objectives

By the end of this course participants will learn about:

• Exploration/production overview
• Basic petroleum geology principles
• Basic petroleum geophysics principles
• Log interpretation basics
• Drilling basics
• Basic reservoir engineering
• Basic production engineering
• Basic facilities engineering
• Business principles governing

Target Audience

• Newly-hired engineers
• Newly-hired geoscientists

Drilling & Well Construction Outline

The course covers the following topics:

• Opportunity identification
• Elements of petroleum environment
• Play to prospect to field technologies
• Concessions and contracts
• Find and define an asset
• Appraise an opportunity
• Build a field development plan
• Facilities: gas, oil, design, construction, processing, maintenance, decommissioning
• Building an effective team
• Company/industry processes and procedures