Introduction to Upstream Business Process & Practice in Oil & Gas Operations

OVERVIEW

The course leads participants through sessions of material covering exploration through appraisal, reserves recognition, development, and production to the sales transaction point. Key terminologies and concepts are developed using numerous examples. Attendees will learn fundamental petroleum geology and exploration principles which provide the foundation for drilling, reservoir development, and production concepts. At each step, we will consider the differences between on and offshore activities and conventional and unconventional resources.  While all companies plan collaboratively, we believe the adaptation of sales & operations planning/integrated business planning from other industries is completely new to upstream. The course is taught in a format that reveals the economics and risk management decisions that are inherent in the industry. Actual examples from industry are used to illustrate decision processes. This course gives participants techniques for improving cross-functional collaboration across management teams and planning organizations such that the business can respond to changes and take advantage…