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E-101 - Hunting for Oil: Exploration & Upstream Overview

5 days GEO/HFO
Level
Proficiency
Audience
  • Geologists, geophysicists and reservoir engineers, with short experience, who need to acquire a full view of the exploration, development and production workflow, in particular those who will join in multidisciplinary or asset teams - but also petroleum engineers, support staff, and non-technical staff, high potentials in the Oil & Gas upstream industry whose activity (either commercial, legal, financial or marketing) is calling for interaction with NOCs or International Operators, including executive managers and government officials.
Purpose
  • The success of an oil company depends on appropriate strategy, effective data interpretation and collaborative teamwork: this course has been designed to stimulate the participants’ desire for learning, and to capture their attention with an adequate blend of challenges, competition and collaboration, making the learning experience both enjoyable and educational, whatever their professional origin and background.
Learning Objectives
  • Upon completion of the course, participants will be able to:
  • acquire a global vision of the upstream petroleum industry,
  • evaluate reservoir characteristics and potential using adequate geophysical and geological information,
  • understand how uncertainties inherent to data influence the capability to interpret them,
  • draw field development plans by balancing development costs versus production rates, in order to maximize NPV.
Prerequisite
  • No prerequisites for this course.
Ways and means
  • Trainees are ideally grouped in teams of 3. Each team acts as a virtual oil company that competes with the others: explore for economically viable volumes of hydrocarbons in a new area.
  • The course is supported by the DALLAS™ software package - a dynamic training tool based on an innovative learning platform.

The Hunting For Oil™ (HFO™) course presents a practical overview of the mostly used techniques in the Upstream Oil & Gas industry, from prospect exploration to field development and production, and provides a comprehensive evaluation of specific risks and uncertainties at each step of the decision-making process in E&P. Participants will learn to select and acquire license blocks, use seismic data, plan drilling activities, develop their field, and manage the time line and the budget.
Introduction - Exploration geology 1 day
  • Introduction: specific roles and objectives of exploration, development & production in the petroleum industry.
  • Lecture: geological context of hydrocarbon prospecting; reservoir characterization tools & techniques in E&P.
  • Workshop: introduction to geoscientific exploration methods. Data-room/Call for tenders.
Exploration geophysics 1 day
  • Lecture: seismic reflection (fundamentals, data acquisition, processing & interpretation).
  • Workshop: seismic interpretation, survey planning, commitment and permitting.
Hydrocarbon traps - Operations geology 1 day
  • Lecture: hydrocarbon genesis, migration, entrapment & timing; play assessment (concept and preservation).
  • Workshop: wellsite geology (mudlogging, wireline logging) and well monitoring; well data interpretation.
Well completion - Reservoir engineering - Production monitoring 1 day
  • Lecture: well design and completion; enhanced recovery.
  • Workshop: field appraisal strategy and development planning.
Reserve evaluation - Introduction to reservoir modeling 1 day
  • Lecture: understand the reservoir (sedimentological and structural modeling).
  • Workshop: accumulation evaluation (mapping and volumetric calculation - OOIP); production monitoring.
  • Conclusion: presentation of teams’ results; feedback discussion; wrap-up session.
  • The teams define and implement their strategy in order to deploy the best scenario - and to win, through mutual complementary interaction. Both cash flow and production are taken into account for the final evaluation.
  • A series of hands-on activities and exercises (maps, seismic sections, logs, fluid contacts, volumetrics, etc.) is proposed through sequential workshops to highlight key phases and illustrate lectures.