Fundamentals of Upstream Operations

Description

Fundamentals of Upstream Operations is a web-based class on the exploration and production of crude oil and natural gas. The 6-8 hour class provides a non-technical introduction to the operations required to find and produce oil and gas.� The class also includes lectures on oil and gas leasing, production sharing and joint operating agreements, and oil and gas accounting and financial and operating analysis. The class includes student exercises to apply the principles presented in the lectures.�� Each section contains a brief quiz to test the student's knowledge of the subject. Updated for 2015.

Features

	Over 480 slides that provide an in-depth explanation of oil and gas exploration and production.
	Exercises that allow you to apply information learned in lectures
	Lecture material that may be downloaded for note-taking and future reference
	Chapter quizzes to emphasize important points of lecture and test your knowledge
	Interactive schematics for drilling rig operation, well completion, drilling ship, production operations, and natural gas processing.
	Easy access to help using the "Ask an Expert" form and/or phone
	References for your to learn more about class topics

Who Should Attend

	New employees
	Support staff that require a basic knowledge of upstream operations
	Public accountants who analyze exploration and production companies
	Petroleum industry financial analysts and investors
	Sales personnel who market products and services to the industry

What You Will Learn

	Basic understanding of exploration and production operations
	Concepts of oil and gas ownership, leasing, and acquisition
	Components of petroleum fiscal systems and production sharing and joint operating agreements
	Surface operations to treat the raw crude oil and natural gas and recover natural gas liquids
	Essential aspects of oil and gas accounting
	Evaluating oil and gas industry performance using financial and operating metrics

Class Outline

	Petroleum Basics Oil and Gas Composition Key Qualities Role of Oil and Gas in Energy Supply and Demand Quiz
	Land Leasing and Acquisition Ownership of Oil and Gas Working Interest Methods of Acquiring Oil and Gas Leases Oil and Gas Leases Quiz
	Class Exercise - Determining Working and Revenue Interests
	Production Sharing and Joint Operating Agreements Petroleum Fiscal Systems Production Sharing and Joint Operating Agreements Quiz
	Exploration Petroleum Geology Exploration Technology Quiz
	Class Exercise - Finding Oil and Gas
	Drilling Operations The Drilling Rig Making a Trip Well Geometries Drilling Rig Schematic* Drilling Crew Quiz
	Production� Conventional Production Operations Shale oil and gas operations Drive Mechanisms Well Completion Schematic* Production Surface Operations Schematic* Offshore Operations Enhanced Oil Recovery Quiz
	Class Exercise - Evaluating Oil and Gas Prospects
	Offshore Operations Exploration Platforms Drill Ship Schematic* Production Platforms Subsea Systems Quiz
	Natural Gas Processing Natural Gas Processing Natural Gas Processing Schematic* Quiz�
	Oil and Gas Accounting Treatment of Oil and Gas Reserves Accounting for Drilling and Equipment Costs Successful Efforts vs. Full Cost Accounting Overview of Financial Statements Financial Reporting and Required Disclosures Quiz
	Oil and Gas Financial and Operating Analysis Performance Analysis - Using Financial Measures Performance Analysis - Using Upstream Measures Quiz
	Class Exercise - Oil and Gas Financial and Operating Analysis
	Upstream Economics, Strategy, and Issues Economics and driving forces Exploration and Production Strategies Upstream developments over the next twenty years
	Special Topic Report - The Impact of Falling Oil Prices in 2015
	Class Exam

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* Interactive web page

Registration

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.

2. Go to the registration section on the page for each class and click on the Buy Now logo.

3. You will need to set up a Pay Pal Account which should take only a couple of minutes.
4. After you have completed the process and ordered the class, an email will be sent to us and to you at the email address you used when you opened your account.
5. We will process the registration and send you an email with your User Name and Password.
6. Please note that we will send your User Name and Password to the email address you provide in your registration. You may wish to provide a secondary address using the form below.