Introduction to the Upstream E&P Industry
Introduction to the Upstream E&P Industry
The oil and gas (or petroleum) industry is typically divided into three main sectors – upstream, midstream and downstream. We will focus on the upstream sector that encompasses exploration and production (E&P) of the raw material (oil & gas).
E&P involves locating underground petroleum reservoirs (the subsurface formations that contain crude oil and naturally occurring gas, also referred to as traps), and extracting the discovered oil and gas using drilled wells.
This course covers the following topics:
- Introduction to the Global Petroleum Business
- Time-line
- Important drivers that make-up our business
- History of Oil and Gas
- Origins of Earth and Plate Tectonics
- Petroleum Generation and Migration
- Upstream (E&P) Business
- Prospect Generation
- Legal Agreements
- Oil & Gas Well Drilling
- Terminology, main components and procedures
- Reserves
- Rock Properties
- Hydrocarbons
- Classifications
- Final Thoughts on why Petroleum Remains Important
More information contact Mr. Wallace @ jwallace@Wallace-international.com
Class Information
Field: General Interest
Skill Level: Entry-level
Instructor(s): James Wallace
Minimum # of Participants: 05
Available Seats Remaining: 15
Session Schedule
Virtual Zoom Class
URL will be emailed once payment has been received
18 Oct 2021 to 29 Oct 2021 (9 ½ days)
Start time: 9:00AM CST (4 hours per day)
— In Person Training —