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Collaborative, Interactive and Relevant Training for the Energy Industry
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COURSE INFORMATION
Introduction to the Upstream Petroleum Business - Exploration and Exploitation
Type:
Training CourseLength:
2 Days
CEU:
1.6
PDH:
16Fee:
$1195 CADUpcoming Sessions
There is currently no upcoming sessions available for this course. Please check back later!
Course Description
This two-day course is designed for those employed by a business directly related to the upstream petroleum industry, or for anyone wanting insight into the business of petroleum exploration and exploitation.
Course participants will learn the evolution of the exploration and production business, from the first uses of petroleum to emerging technologies, with discussions of current events and their influence on the industry. Attendees will also gain valuable and practical knowledge of the fundamentals and key concepts that each of the exploration and exploitation team members must consider in order to effectively play their part in the upstream petroleum business.
The course content is delivered through lectures (PowerPoint presentations), case studies and illustrative examples of problem-solving, video clips, and industry articles or graphics.
Course participants will be encouraged to participate in group activities and discussions, and to ask relevant questions. The course is designed not only to provide a strong introduction to the exploration and production business, but also to raise awareness of our industry’s position and to give participants information resources which can be accessed after the course has been completed.
Participants will receive
A complete set of course materials and lunch is included in this course.
Course participants will learn the evolution of the exploration and production business, from the first uses of petroleum to emerging technologies, with discussions of current events and their influence on the industry. Attendees will also gain valuable and practical knowledge of the fundamentals and key concepts that each of the exploration and exploitation team members must consider in order to effectively play their part in the upstream petroleum business.
The course content is delivered through lectures (PowerPoint presentations), case studies and illustrative examples of problem-solving, video clips, and industry articles or graphics.
Course participants will be encouraged to participate in group activities and discussions, and to ask relevant questions. The course is designed not only to provide a strong introduction to the exploration and production business, but also to raise awareness of our industry’s position and to give participants information resources which can be accessed after the course has been completed.
Participants will receive
- Course notes
- SPE (Society of Petroleum Engineers) Petroleum Industry Book
A complete set of course materials and lunch is included in this course.
Course Outline 
The following topics are covered in the Upstream Petroleum Business - Exploration and Exploitation course:
DAY 1
DAY 2
DAY 1
- Welcome and Introduction
- Defining the Upstream Industry: Petroleum and an Overview of the Petroleum Industry
- Geologic Considerations
- Business Development, Domestic and International
- Integrated Project Team – Roles of Geoscientists,
- Engineers, and Business Development
- Exploration Geology and Geophysics - Who, What, Where, When, Why
- Drilling Operations and Drilling Engineering
DAY 2
- Modern Well Design
- Reservoir Engineering – from Resources to Reserves,
- Reservoir Management
- Production Engineering – Maintaining the Flow
- Petroleum Economics and Risk Analysis – Valuing Our Assets and Directing Our Path
- The Integrated Project Team Revisited – How Do We Decide
- Where We Do Business?
- Special Topics – Unconventional Resources, Mature Field Considerations, Peak Oil
- Question and Answer Session, Course Conclusion
Instructor
Susan K. Peterson
Susan Peterson is an independent consultant based out of Houston Texas, and is a leader in applying risk and decision analysis to engineering economics and field development strategies.
Susan received her PhD from Texas A&M University in Petroleum engineering with Minors in Finance, Geology and Statistics.
With over 25 years of career experience in the oil and gas industry, Susan now consults on Risk Analysis and Decision Methods on a global scale, instructs on many areas of economics in the Oil and Gas industry, and remains an active member of the Society of Petroleum Engineers (SPE) and the American Association of Drilling Engineers (AADE).
Read More about Susan K. Peterson
Susan received her PhD from Texas A&M University in Petroleum engineering with Minors in Finance, Geology and Statistics.
With over 25 years of career experience in the oil and gas industry, Susan now consults on Risk Analysis and Decision Methods on a global scale, instructs on many areas of economics in the Oil and Gas industry, and remains an active member of the Society of Petroleum Engineers (SPE) and the American Association of Drilling Engineers (AADE).
Read More about Susan K. Peterson
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