Course Details
Course Outline
10 days course
Sources, Origin and Nature of Petroleum
- Fundamentals of Organic Chemistry
- Definition of Petroleum
- The Oil and Gas Industry
- Basic Petroleum Geology
- Origins of Hydrocarbon Deposits
- Exploration Activities
- Exploration Methods
- Drilling Proposal
- Types of Well
Sources, Origin and Nature of Petroleum
- Oil and Gas field Development
- Production
- Well Fluids and Surface Production Operations
- Transportation
Oil Companies, Corporate Relationships and Structures
- Operating Companies and Service Companies
- Local, National and Multi-national Oil and Gas Companies
- Major International Oil Companies
- National Oil and Gas Companies
- Integrated and Non-integrated Companies
- Integrated Companies
- Non-integrated Companies
Oil Companies, Corporate Relationships and Structures
- Organization of Petroleum Exporting Companies (OPEC)
- Other International and Multi-national Organizations
- International Energy Agency (IEA)
- Production Sharing Agreements
Processing Operations and Economics
- Oil Refining Operations
- Distillation
- Product Improvement Processes
- Product Conversion Processes
- Other Operations
Processing Operations and Economics
- Gas Processing Operations
- Inlet Separation
- Sulfur Removal and Sulfur Recovery
- Dehydration
- Dewpoint Control and Byproduct Recovery
- Gas Compression
- Basic Economics of the Oil and Gas Industrie
Evaluation of Oil and Gas Opportunities
- Estimating the Cost of Oil and Gas Facilities
- Using Historical Costs
- Cost Curves
- Adjusting for Different Sizes
- Adjusting for Different Time Periods
Evaluation of Oil and Gas Opportunities
- Building Cashflow Models
- What is Financial Modeling?
- Who does Financial Modeling?
- What are the steps in building a financial model?
- Using Cashflow Models to Evaluate Projects
- Internal Rate of Return
- Net Present Value
- Benchmark Indicators
Making Decisions Under Conditions of Certainty and Uncertainty
- Certainty
- Risk
- Crisis Problem
- Uncertainty
- The Role of Probability in Decisions
- Mathematical Modeling of Business Processes
Making Decisions Under Conditions of Certainty and Uncertainty
- Making Management Decisions under Conditions of Certainty
- Optimization of the Model and Interpretation of Results
- Making Management Decisions under Conditions of Uncertainty
