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PetroStrategies recommends





The Search for Oil and Gas


Description

The Search for Oil and Gas is a class on the fundamentals of oil and gas exploration and production.  The course will provide students with a basic understanding of the primary activities required to find and develop oil and gas reservoirs. Students will learn how oil and gas are discovered and produced, what accounting measures are used to monitor and report on upstream activities, and how the major business drivers impact strategic decisions.


Features

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Over 390 slides that provide an in-depth explanation of upstream operations and accounting  

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Exercises that allow you to apply information learned in lectures

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Lecture material that may be downloaded for note-taking and future reference

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Chapter quizzes to emphasize important points of lecture and test your knowledge

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Interactive drilling rig, well completion and oil production surface facilities diagrams

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Easy access to help using the "Ask an Expert" form and/or phone

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References for your to learn more about class topics


Class  Outline*

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Fundamentals

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Oil and gas composition

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Key qualities

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Role of oil and gas in energy supply and demand

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Land Acquisition and Leasing
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Types of ownership

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Lease provisions

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Oil and gas contracts

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Class Exercise - Determining Working and Revenue Interests

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Exploration

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Petroleum geology

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Exploration technology

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Class Exercise - Finding Oil and Gas

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Production 

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Drilling and completion

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Conventional production operations

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Heavy oil recovery

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Offshore operations

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Enhanced oil recovery

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Drilling Rig Schematic**

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Well Completion Schematic**

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Production Surface Operations Schematic**

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Oil and Gas Accounting and Finance

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Full cost vs. successful efforts

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Major financial statements

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Required disclosures

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Performance analysis

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Competitive analysis

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Class Exercise - Evaluating Oil and Gas Prospects

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Upstream Economics and Strategy 

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Increasing shareholder value

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Upstream success factors

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Industry performance and drivers

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Upstream strategy

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International Exploration and Production
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Petroleum fiscal systems

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Production sharing agreements

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Joint operating agreements

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Valuing crude oil and natural gas production

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Class Exercise - Ranking Oil and Gas Projects

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Energy Future and Issues

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Examination of the strategic implications of the future world energy situation

* Click on topic to see more information

** Interactive web page


Registration

Format

Schedule

Dates

Price

Register

In-House

Two-days
8:30 am until 4:30 pm

According to
Request

According to
Request

Internet * 14 day training window

On Demand

$375

Please see Terms and Conditions of Use before registering. 

After we receive your registration, we assign an individual user name and password and send this to the e-mail address associated with the registration. This process is usually done within one day.  Your time does not begin until after we have transmitted the user name and password.

Some e-mail servers are restricting any e-mail that looks like spam.  This may prohibit delivery of your username and password. Please call us at 214-616-9408 if you have not received your username and password within 24-hours after your registration.

If you are registering outside the United States, you will have to call us at 214-616-9408 with your credit card information.

Payments are routed, processed and secured using VeriSign. 
For more information about VeriSign.

Updated 01/07/08

Copyright 2000
PetroStrategies, Inc.
All rights reserved
 

How You Will Benefit

Advance your career by improving your understanding of industry basics and trends

Broaden knowledge to improve job performance

Improve sales by gaining an in-depth understanding of industry trends and driving forces that affect buying decisions

Improve communication with customers and clients

Who Should Attend

New upstream employees

Support staff that require a basic knowledge of upstream operations

Public accountants who analyze oil and gas companies

Petroleum industry financial analysts and investors

Sales personnel who market products and services to the industry 

What You Will Learn

Basic understanding of the role of oil and gas in the energy mix

Understanding of the value chain functions of exploration and production

Non-technical overview of exploration and production operations

Introduction to oil and gas accounting

Overview of production sharing agreements, joint operating agreements and crude oil and natural gas pricing

Examination of future energy forecasts to define long-term trends


 


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