Oil & Gas Exploration & Production

• Early-career professionals within the oil and gas or energy sectors.
• Service sector employees who support the oil and gas industry.
• Commercial, financial, legal, and insurance professionals with interests in energy.
• Regulatory professionals from government and non-government organizations involved in oversight of the oil and gas industry.

Day 1: Geoscience Disciplines in Oil & Gas Exploration

• Industry Overview: Key perspectives on the upstream oil and gas industry, including the asset lifecycle, value chain, and industry players.
• Geology: Understanding the formation of oil and gas and the conditions necessary for a functioning petroleum system.
• Geophysics: Using seismic and survey techniques to identify geological structures that may contain oil and gas.
• Petrophysics: The physical and chemical properties of rocks and fluids, and how this affects oil and gas extraction.

Day 2: Engineering Disciplines in Oil & Gas Production

• Reservoir Engineering: Efficiently draining oil and gas from reservoirs using natural and enhanced recovery techniques.
• Well Engineering: Planning, drilling, testing, and decommissioning oil and gas wells, and improving well performance.
• Facilities Engineering: Designing, constructing, and operating equipment and infrastructure for oil and gas transportation to refineries.

Day 3: The Integrated Development Team

• Field Development Planning: Collaborating across disciplines to determine the best strategy for developing a reservoir, involving scientific, commercial, and engineering teams.

Day 4: Petroleum Economics & Decision-Making

• Petroleum Economics: Using cash flow analysis, time value of money, and investment indicators to plan cost-effective oil and gas developments.
• Decision Analysis: Tools and techniques like decision trees, sensitivity analysis, and Monte Carlo simulations to make rational, efficient investment decisions.

Day 5: Commercial, Safety, and Environmental Considerations

• Production Contracts & Licences: Understanding the legal, fiscal, and contractual conditions for acquiring rights to produce oil and gas.
• Petroleum Resources Management: Calculating, classifying, and reporting oil and gas reserves in compliance with international standards.
• Corporate Responsibility: Ensuring projects are executed safely, sustainably, and with respect for the environment and local communities.