Introduction to Petroleum Exploration and Production with OilSim - (Virtual Instructor-Led Series)

Industry Overview, Geology, and Exploration

In day one, an overview of the upstream oil and gas industry is presented, including extensive discussion of the upstream lifecycle.  The participants are exposed to the definition of hydrocarbon deposits and the key phases of the reservoir life cycle. The principles of Exploration Geology and Geophysics are covered, as well as exploration business processes and risk assessment. The day will end with a workshop using an interactive challenge.

Drilling and Appraisal

In day two, an overview of well design, drilling, and the various types of drilling rigs and contracts are discussed.  The purpose, tools and techniques of appraisal are presented and personnel who would evaluate the reservoir including testing and gathering of information are also explored.  The day will include using two interactive challenge.

Understanding the Reservoir and Completions

In day three, we will look at understanding petroleum reservoirs, how these reservoirs are found and how the properties are evaluated is presented as part of understanding the reservoir.  Completions scenarios and design will also be discussed. The day will end with a workshop using an interactive challenge.

FDP, Facilities and Oil and Gas Products

In day four, the many technologies and processes that are utilized in the field development planning process are also discussed, including economic justification of development.  The basic types of facilities, configurations and equipment and how final products are created and their uses. The day ends with a workshop using an interactive challenge.

Production, Case Studies, and Conclusion

In day four, 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 participants will then be involved in a workshop using an interactive challenge.

Finally, the course will end with review of important case studies and a recap of all five days learning modules.