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Petroleum Project Economics and Risk Analysis

Petroleum Project Economics and Risk Analysis

Petroleum Project Economics and Risk Analysis   Introduction This training course " Petroleum Project Economics and Risk Analysis " provides practical guidance in the application of the techniques of the economic analysis currently used in the Oil & Gas industry. When executing a petroleum related project, one should be able to choose the best alternative from economic point of view as well as to properly evaluate various investment opportunities by determining economic indicators and sensitivity analysis. Techniques for predicting profit, production, costs, and cashflow enable the analyst to evaluate decision alternatives for optimum results. Understanding economic indicators, risk and uncertainty, different economic structures such as tax regimes and production sharing contracts, enhances the quality and the value of economic analysis. Exploration and Production companies often must evaluate their potential E&P investment using proper present value analysis of expected future cashflows. From the projected cashflows and required investments, the annual rate of return and other project economic indicators can be extracted to evaluate the significance of company investment. Course Objectives By the end of this training course, participants will be able to: Understand various economic terms used in the oil & gas industry. Understand how to develop economic models of various petroleum fiscal regimes. Carry out cash flow analysis, different economic analyses for petroleum related project and determine economic indicators. Evaluate and quantify risks and uncertainties. Make the right investment decision in the presence of risk. Carry out a comprehensive economic evaluation study for any petroleum related project including risk analysis and sensitivity study using spreadsheet. Contribute to the petroleum project investment within a solid economic system and do a detailed economic evaluation. Contribute to the decision making process for any petroleum related project. Approved Certificate from   Training Plan Please Click Here   This training course will be held in ( Istanbul / Sharm El Sheikh / Malaysia / Dubai / Cairo / Alexandria / London / Austria / Amsterdam ) For Registration and Further Information about Training Course Content, Please Contact Us Register Now

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Reporting and Business Support in the Oil and Gas Industry

Financial Accounting & Reporting and Business Support

Financial Accounting & Reporting and Business Support in the Oil and Gas Industry   Introduction This Discovery Tools training course " Financial Accounting & Reporting and Business Support in the Oil and Gas Industry " provides the skills to build knowledge, confidence and understanding of the unique Oil and Gas financial accounting, project management and business support issues. This course will analyse reporting frameworks, introduce new concepts for measuring, reporting project performance and shareholder wealth creation. You will explore the issues relating to governance risk and assurance, budgeting forecasts, cost estimation, capital contracting and procurement, earned value management and measuring and reporting financial performance for effective decision making. This course provides delegates with key financial accounting and reporting awareness and forecasting and estimation skills, that are essential in managing and controlling Oil and Gas projects in times of increasing uncertainty and complexity. Course Objectives By the end of this training course, participants will be able to: Successfully build knowledge of the long term strategic issues facing the Oil and Gas industry Examine the financial, economic and commercial drivers Understand key financial accounting and reporting principles Deliver more timely and useful information to decision makers Improve project controls, measurement and performance reporting and overall corporate governance Approved Certificate from   Training Plan Please Click Here   This training course will be held in ( Istanbul / Sharm El Sheikh / Malaysia / Dubai / Cairo / Alexandria / London / Austria / Amsterdam ) For Registration and Further Information about Training Course Content, Please Contact Us Register Now

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Budgeting and Cost Control for the Oil & Gas Industry

Budgeting and Cost Control for the Oil & Gas Industry

Budgeting and Cost Control for the Oil & Gas Industry   Introduction The " Budgeting and cost control for the Oil & Gas Industry " training course provides the essential knowledge and skills to enable delegates to successfully control costs; prepare, manage and control budgets effectively in the Oil & Gas industry. It also provides solutions to the strategic issues facing the Oil & Gas industry, recommending sustainable growth strategies in an effective cost control manner. This Discovery Tools training course will feature: A detailed understanding of costing and budgeting in the Oil & Gas industry, focusing on leading international practice Examination and evaluation of the latest techniques Skills development via interactive sessions Key discussion of strategic and operational issues currently facing the Oil & Gas industry Course Objectives By the end of this training course, participants will be able to: Understand the reasons and impact for oil price volatility Recommend strategic solutions to budget issues and cost control Measure and control costs effectively in a competitive environment Prepare, manage and control budgets in the Oil & Gas Industry Use budgets to make effective decisions to ensure growth, maintain profitability and reduce risk Recommend innovative hedging strategies used by leading international companies to control risk and manage budgets effectively Approved Certificate from   Training Plan Please Click Here   This training course will be held in ( Istanbul / Sharm El Sheikh / Malaysia / Dubai / Cairo / Alexandria / London / Austria / Amsterdam ) For Registration and Further Information about Training Course Content, Please Contact Us Register Now

Budgeting and Cost Control for the Oil & Gas Industry قراءة المزيد »

Leadership and Strategic Thinking in Oil and Gas Industry

Leadership and Strategic Thinking in Oil and Gas Industry

Leadership and Strategic Thinking in the Oil and Gas Industry   Introduction " Leadership and Strategic Thinking in the Oil and Gas Industry " training course has been specifically designed for those individuals wanting to develop their skills within this complex and fast evolving Oil & Gas industry. The elements of the course provide a structured and coherent framework for identifying and responding to opportunities and the importance of linking strategies developed to wealth maximization objectives within the Oil and Gas industry context. The Oil and Gas industry is undergoing significant change with new business models, companies and sources emerging. It is therefore imperative for organizational leaders to be able to identify opportunities and successfully navigate the complex, evolving risk landscape to become the key players of tomorrow. Course Objectives By the end of this training course, participants will be able to: Appreciate and understand each of the elements of the course – the Oil and Gas industry, Leadership and strategic thinking Developing strategies and recognizing the linkage of strategy to wealth maximisation Recognise key strategic planning frameworks Develop skills needed to master each individual element & understand how elements interact to create a systemic approach to problem identification Identify priorities for continued professional development Approved Certificate from   Training Plan Please Click Here   This training course will be held in ( Istanbul / Sharm El Sheikh / Malaysia / Dubai / Cairo / Alexandria / London / Austria / Amsterdam ) For Registration and Further Information about Training Course Content, Please Contact Us Register Now

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Well Logging Quality Control

Well Logging Quality Control

Well Logging Quality Control   Introduction This training course " Well Logging Quality Control " introduces fundamental log quality control concepts for all open hole logs usually run in wells. The participants will learn how to effectively control the quality of all logs in real time. The exercises are developed with actual logs ran in real wells, so the participants will be exposed to log quality control on real data. At the end of the course the participants will be trained to perform log quality control on real time at wellsite as well as post-morten in the office. Furthermore, this course establishes some general guidelines for conducting logging operations, reviewing tool calibrations, monitoring survey progress, calculating shale volume, porosity, water saturation, and permeability from older open and cased hole well logs. Integration and calibration to modern tests, and production data will a stressed. Course Objectives By the end of this training course, participants will be able to: Understanding what older logs really measured Understanding the rock/fluid model for log analysis Providing "computer ready" mathematics Gaining insight into rock quality versus well performance Answering oriented results, with quality control guidelines Defining basic survey parameters, establishing log scales Understanding how to monitor tool responses Understanding how to confirm the validity of the data acquired from commonly used logging devices. Approved Certificate from   Training Plan Please Click Here   This training course will be held in ( Istanbul / Sharm El Sheikh / Malaysia / Dubai / Cairo / Alexandria / London / Austria / Amsterdam ) For Registration and Further Information about Training Course Content, Please Contact Us Register Now

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Troubleshooting Oil and Gas Processing Facilities

Troubleshooting Oil and Gas Processing Facilities

Troubleshooting Oil and Gas Processing Facilities   Introduction This comprehensive training course " Troubleshooting Oil and Gas Processing Facilities " concentrates on oil & gas production and subsequent treatment surface facility operations and processes. The course covers the entire oil & gas value chain from discovery, exploration and transportation, refining and sales An overview and fundamental understanding of the wide range of oilfield production handling and treatment equipment will be presented as well as new technologies and also provides a guide for participants in troubleshooting oil and gas processing facilities. This training course emphasises oil and gas production facilities both onshore and offshore - from the wellhead to delivery of an on-specification crude oil to the refinery or natural gas to downstream users. Produced water treating facilities are introduced and discussed and includes coverage of water injection systems. In addition to the engineering aspects of oil production facilities, practical operating problems will also be covered, including treatment of emulsions, handling of sand, dealing with wax and asphaltenes, natural gas dehydration and sweetening and refinery processing Course Objectives By the end of this training course, participants will be able to: Learn the origins and chemical characteristics of Oil & Gas Understand the challenges associated with offshore operations, horizontal drilling and other safety concerns Familiarize the various methods and techniques used to explore, drill, produce, treat and transport Oil, Gas and their products Introduce the participants to upstream, mid-stream and downstream operations Appreciate Oil & Natural Gas treatment technologies and processes including produced water treatment Learn the many processes involved in crude oil refining and how these contribute to refinery complexity and profitability Gain valuable knowledge of Gas Sweetening and Physical Solvents Unit Troubleshooting Developing a methodical approach to troubleshooting Approved Certificate from   Training Plan Please Click Here   This training course will be held in ( Istanbul / Sharm El Sheikh / Malaysia / Dubai / Cairo / Alexandria / London / Austria / Amsterdam ) For Registration and Further Information about Training Course Content, Please Contact Us Register Now

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Safety Equipment in Oil and Gas Industry

Course Objectives This course will over methods to create a safer work environment for employees.  Analyzing the posing risks  Equipping employees with the right tools  Using equipments in the proper way Responding quickly to incidents Providing first aid to those who need it   Who Should Attend?  Managers Supervisors Employee representatives Health and Safety Representatives Course Content Day 1 Hazard Assessment Protective safety equipment regulations Types, classes, and materials of safety and protective equipment  Selection Criteria  Day 2 Anchorage Connectors Connecting Components Descent and Rescue Body Support Eye and Face Protection Head Protection Day 3 Foot Protection Hand Protection Hearing Protection Breathing apparatus  Masks and respiratory equipment materials Day 4 Personnel protection against radioactive Safety belts Safety portable ladders Hydrocarbon process safety Safety and firefighting equipment Day 5 First aid and sanitation Maintenance Storing  Register Now

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Principles of Carbonate Reservoirs

Course Objectives Learning how Carbonates are formed and change through time resulting in the carbonate reservoirs. Learning how to identify carbonate faces  Understanding the effect of sequence stratigraphy on carbonates,  Determining the controlling factors for porosity in carbonate reservoirs  This course is designed to develop skills in understanding the geometry and Petrophysical characteristics of carbonate reservoirs. Who Should Attend?  Explorationists Petroleum geologists  Petrophysicists Geophysicists and engineers Course Content Day 1 Basic principles Depositional concepts Grain types Textures and fabrics Environmental reconstruction Day 2 Sabkha /tidal flat Lagoon Shelf Reef (rudist and coral/algal) Barrier/shoal Slope and redeposited Aeolian and lacustrine Karst plays Day 3 Primary and secondary porosity Compaction Pressure solution Cementation Dolomitisation Porosity generation and destruction Fractures Day 4 Gamma Sonic Neutron Density FMS Day 5 Fracture reservoirs Reservoir modelling Volumetric assessment in correlation and mapping Effects of capillary pressure Interface with engineering Register Now

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Petroleum Tanks Measurement

Course Objectives Familiarizing with oil refinery & terminal operation  Understand the petroleum static & dynamic measurement Understand the oil accounting, technical auditing, marine insurance, oil trading Understand the principles of static & dynamic petroleum measurement for custody transfer purposes. This course covers the methods and techniques for accurate measurement of crude oil and refined products. Understanding the principles of operation of the primary dynamic meters and a base knowledge on meter proving and factor calculation as well as the meter/tank ticket calculations Who Should Attend?  Petroleum engineers Technical/reservoir engineers Drilling engineers Processing engineers Commercial analysts Decision makers/ investors in oil and gas sector Course Content  Day 1 Petroleum Tanks Measurement An overview on Petroleum Measurement Definition of Terms Tanks Measurement (Shore Tank, Ship’s Tank) Day 2 OBQ / ROB Measurements Temperature Measurements Sampling (Manual / Automatic) Quantity Calculation Day 3  Vessel Experience Factor (VEF)  Pipeline Control  Measurement Uncertainties  Metering & Meter Proving Day 4 An overview on Metering Definitions & Abbreviations Metering Accuracy & Uncertainties Fluid Properties Flow Conditions Day 5 Meters Meter Proving Meter Batch Calculations Meter Proving Calculations Metering Check-List Register Now

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Petroleum Project Economics & Risk Analysis

Course Objectives Understanding various economic terms used in the oil & gas industry Understanding how to develop economic models of various petroleum fiscal regimes Carrying out cash flow analysis and determine economic indicators Carrying out different economic analyses for petroleum related projects Evaluating and quantify risks and uncertainties Making the right investment decision in the presence of risk Carrying out a comprehensive economic evaluation study for any petroleum related project including risk analysis and sensitivity study using spreadsheet This course covers the fundamental aspects of upstream petroleum economics and risk analysis This course will allow participants to construct computer-based economic models, incorporate relevant cash-flow data and draw conclusions to aid decision-making. It also provides practical guidance in the application of the techniques of the economic analysis currently used in the oil & gas industry. Understanding economic indicators, risk and uncertainty, different economic structures such as tax regimes and production sharing contracts, enhances the quality and the value of economic analysis. The course will include a number of exercises aimed at enhancing each participant capability to conduct various economic evaluations. In addition each participant will attempt to develop spreadsheet calculations of various economic analyses. Who Should Attend?  Engineers Geologists Accountants Technicians who need to learn how to conduct economic evaluation and to understand the role of petroleum economics in investment decision making. Supervisors & Managers in the Planning, Exploration, Production, Projects, Financing and Technical Departments in Oil & Gas Companies Course Content Day 1 Cash Flow Analysis Familiarization with Economic terms. Calculation of Capex, Opex and Revenue Cash Flow Calculation Petroleum Fiscal Regimes Tax & Royalty Regime Production Sharing Contracts (PSC) Depreciation Methods Nominal & Real Cash Flow Sunk (Past Exploration)Costs Project Financing Day 2 Economic Indicators Present Value & Discount Factor Net Present Value Internal Rate of Return Effect of Project Delay Payback Period Maximum Exposure Capital Productivity Index Evaluating Incremental Projects Comparing Indicators Day 3 Risks and Uncertainties Expected Monetary Value Quantifying Risk and Uncertainty Decision Tree Analysis Added Value of Data acquisition Farm-out Decision Probability Analysis Sensitivity Analysis Spider and Tornado Diagrams Probability Distribution Monte Carlo Simulation Day 4 Setting up Spreadsheet Calculation Setting up an Integrated Economic Model of a Typical Oil Field Development Project including Sensitivity Analysis Day 5 Setting up Oil Field Development Model Workshop: Team Participation to Evaluate Different Project Economics Using the Model Register Now

Petroleum Project Economics & Risk Analysis قراءة المزيد »

Petroleum Geology for Non Geologists

Course Objectives Recognizing the components of the structure of the Earth Identifying the main rock types, their origins and their roles in petroleum generation and entrapment Understanding how drilling, completing and reworking a well affects its ability to produce Understanding what can be done within open-hole and cased wells, as a part of reservoir management Understanding how drilling practices can damage or stimulate producing wells Understanding the fundamentals of geological principles employed to find, develop and produce oil and gas reservoirs, the type of data required to build a model of the subsurface, and the different methods used to display information. This course will demystify the language used by geoscientists and help participants understand the relevance of petroleum geology within the overall framework of the upstream oil and gas industry. Who Should Attend?  Petroleum engineers Technical & reservoir engineers  Drilling engineers Processing engineers Commercial analysts Decision makers/ investors in oil and gas sector Course Content Day 1 Overall drilling practices Language of drilling Reservoir rock and fluid properties Rigs & rig equipment Drilling string components & design Bits Fluids & hydraulics  Rig operation MWD Day 2 Well control  Hole problems & stuck pipe Drilling risks Cores and coring Casing design & installation Primary cementing Directional, horizontal, multilateral & under-balanced drilling Day 3  Wellhead & trees  Zonal isolation Tubing, packers & completion equipment Safety & flow control devices  Open hole completions  Basic completion types Perforating Day 4 Open & cased hole logging  Formation damage & treatment Completion fluids Multiple completions Stimulation application: surfactants, solvents, acidizing, fracturing & deep perforating  Formation & sand control: screens, chemical consolidation, gravel packing, frac-pack, new & novel techniques Scale & corrosion Day 5 Paraffin & asphaltenes  Recompletions Reworks Sidetracking Deepening Coiled tubing Register Now

Petroleum Geology for Non Geologists قراءة المزيد »

Oil and Gas Measurement Calculation

Course Objectives This course presents the principles, design, and applications of flow measurement systems, emphasizing flowmeter accuracy, performance, sizing, and specification, selection, and installation practices. Designing a system to make practical and precise industrial flow measurements. Calculating the effects of fluid properties on flow meter performance. Evaluating flow meter performance statements and compare them with application requirements. Specifying and select the appropriate flow meters for different applications. Identifying requirements for flow meter calibration. Solving typical flow meter problems. Performing flow meter compensation and totalization calculations. Understanding flow and related phenomena (piping hydraulics, Reynolds Number, cavitation, etc.) Sizing flow elements for specific applications. Who Should Attend?  Petroleum Engineers Petrophysicists Managers Consultants Course Content Day 1 Introduction to Flow Measurement Flow meter Selection  Flow meter Performance Linearization and Compensation Totalization: Differential Pressure Flow meters Day 2 Orifice Plate Flow meters: Installations  Sizing and calculation Accuracy and rangeability  Types and selection Performance Day 3 Turbine Flow meters:  Operation theory  Installation Design and construction Accuracy Sizing and selection Ultrasonic Flow meters: Operation theory The Doppler effect  The transit time Design variations  Application and performance Day 4 Magnetic Flow meters: Operation theory  Installation Excitation Tubes and liners Electrodes Selection and sizing Vortex Flow meters: Operation theory  Installation  Sizing and accuracy  Limitations Mass Flow meters Day 5 Coriolis Mass Flow meters: Operation theory  Installation  Sizing and accuracy Limitations  Thermal Flow meters Positive Displacement Flow meters:  Helical Gear  Oval Gear Piston and Other Technologies Register Now

Oil and Gas Measurement Calculation قراءة المزيد »

Natural Gas Processing, Conditioning and Handling

Course Objectives This course will cover the major technical aspects of gas processing and conditioning that are comprised by the natural gas business chain. Increase the effectiveness of the personnel, reduction of operation costs and optimization of the performance of gas processing and conditioning. Knowledge and tools to determine the main properties of natural gas Knowledge of gas separation, dehydration, sweetening, measuring, and transportation, Fundamentals of plant and equipment design for the identification of key variables to optimum plant and equipment design and operation.  Who Should Attend?  Gas processing engineers Surface facilities design engineers Surface facilities operations engineers Gas plant managers and supervisors Field production operations engineers  Course Content Day 1  Gas Properties Natural gas properties Water hydrocarbon behavior Effects of contaminants on NG properties Hydrates Day 2  Gas Separation System  Gas separation principles and processes  Two and three phase separators Design and operations criteria Day 3  Gas Sweetening Process classification Selection criteria for sweetening processes  Design and operation parameters and criteria  Typical operation problems and troubleshooting Day 4  Gas Dehydration  Process classification  Theory and principles  Glycols vs. solid desiccants  Key operating parameters Day 5  Measurement, Transportation, Mechanical Equipment Gas measurements  Transportation systems Compressors  Pumps Heat exchangers Register Now

Natural Gas Processing, Conditioning and Handling قراءة المزيد »

Instrumentation and Control Systems in Oil and Gas Industry

Course Objectives  Learning how to use the equipments in the oil and gas industry  Understanding the operations of control system  Becoming aware of hazard materials  Managing risks safely  This course provides a practical treatment of instrumentation and control systems in Oil and Gas industry. Whether the participant is a new electrical, instrumentation or control technician/ technologist / graduate engineer or indeed, even a practicing facilities engineer, they will find this course beneficial in improving their understanding, skills and knowledge of the whole spectrum of control systems in the oil and gas environment. Who Should Attend?  Mechanical technicians Electrical engineers Electrical technicians Oil and gas engineers Course Content Day 1 Process control terminology and symbols Process loop introduction Measurement instrumentation for flow, level, temp and pressure Instrument calibration concepts Introduction to loop dynamics, tuning and control Day 2 Final control elements Control valves Actuators Control valve instrumentation Day 3 Production process control Production surface facilities systems Foundation fieldbus Fieldbus in hazardous areas Day 4 Instrumentation selection in hazard areas Hazard materials and how they behave when they are ignited Standards, certification and marking Sources of hazard Area classification Equipment inspection Day 5 Fiscal metering design specification Risk mitigation, technologies, and architecture of Safety Instrumented Systems (SIS) Safety Integrity Level (SIL) overview Fire and gas Sensors selection Register Now

Instrumentation and Control Systems in Oil and Gas Industry قراءة المزيد »

Heavy Oil Gathering and Transport System (Oil Movement)

Course Objectives The main objective of this course is to increase the efficiency in the production and transportation of heavy crude oil areas and reduce significantly the high cost of producing and transporting high viscosity crude oil. Maintain sufficient local underground natural gas storage capacity and have in place additional supply sources such as LNG and propane air to meet large shifts in daily demand, thereby minimizing capacity reservation costs on the supplying pipeline. This course is an introduction comprehensive study of heavy oil transportation. Experience in the production of heavy crude oils has demonstrated that the majority of conventional production systems and treatments are highly inefficient. The production, treatment, storage and fluid transference through pipelines of high viscosity crude oils are associated to severe and costly technical problems.  Who Should Attend?  Engineers  Managers Surface facilities design and operation engineers Production staff  Anyone who is or will be responsible for heavy oil gathering and transport system  Course Content Day 1 Heavy Oil field process  Field process  Production process and transport Production system  Nodal analysis  Single phase equation in pipelines  Reynolds transport principles Continuity Equation  Momentum’s equation  Single phase flow  Fluid flow equations Day 2  Isothermal flow in pipeline  Incompressible single phase flow  Flow parameter estimation: pressure, flow, and diameter  Minor pressure loss in accessories and valves  Impact of some parameter in the energy requirement  Pumps in the pipeline system  Temperature profile in pipeline  Explicit model  For incompressible fluid  For compressible fluid  For Multiphase flow 21  Implicit model  Peng – Robinson Equation of State Day 3  Crude oil diluents  Impact of the dilution on the density and viscosity  Impact of the dilution on density and viscosity of the mixture  Impact of the dilution on the pressure requirement  Optimum amount of diluents based on hydraulic analysis  Booster stations  Impact on pipeline diameter  Effect of the mixture quality  Effect of the topography of the terrain  Heavy oil transport using heat  Hydraulic behavior on heated pipeline  Characteristic behavior of some heavy oil  Study case and premises for hydraulic study  Thermal- hydraulic analysis to the pipeline Day 4  Water-crude oil transport  Water distributed in crude oil phase  Physical properties and pressure drop  Two phase flow: different model Gas-liquid flow in gathering system  Correlations: Flanigan, Dukler et al, Beggs & Brill, Oliemans, etc  Effect of gas on the properties of the liquid phase  Flow effect on the gas phase  Mechanistic models: Xio’s Method  Gas-Liquid flow in the production system Day 5  Basic equations for gathering network  Series system  Parallel system  Branched system  Gathering network: open, closed,  Equations for gathering network  Gathering network structure  Introduction to the gathering network  Topography of the network  Generation of dendrite in the network Register Now

Heavy Oil Gathering and Transport System (Oil Movement) قراءة المزيد »

Fundamentals of Petroleum Geomechanics

Course Objectives Explain the Mechanical Earth Model and how is the Mechanical Earth Model used. Understand the origin of stresses in the subsurface and how in situ stresses can be understood from wellbore data. Explain the Mechanical properties such as rock strength, and the origins of pore pressure and how it is measured and estimated. Explain the importance of Rock Mechanics and identify the key terms and concepts that are used in studying Rock Mechanics. Define the differing characteristics and uses of rock strength tests. Explain the wellbore stability, sand production and hydraulic fracturing. This course show how these data are applied through the Mechanical Earth Model to critical problems in exploration and field development. The course includes an introduction to reservoir geomechanics, showing the geomechanical influence of pressure changes in the reservoir. Who Should Attend?  Geologists/Geophysicists/Geomechanics engineers Drilling engineers Production engineers Completion engineers Reservoir engineers Exploration supervisors and managers concerned with the geomechanics challenges of field development and exploration Supervisors and managers concerned with wellbore stability Course Content Day 1 What is geomechanics? Mechanical Earth Model Principles of Stress and Strain Basics of stress and strain The relationship between stress and strain Principal earth stresses Overburden stress Mohr circles Elasticity and elastic properties Effective stress concepts and the importance of pore pressure In-situ stress tensor Stress field variations – structural effects Stress measurements and analysis Day 2 Rock mechanical properties Rock Strength and Weakness Hardness vs. Strength Mohs Hardness Scale Chemical Composition Porosity and Permeability Porosity Definition Permeability Definition Permeability Illustration High Porosity and Low Permeability Low Porosity and High Permeability Porosity Illustration High Porosity and High Permeability Mechanical properties Elasticity and other stress‐strain behavior Failure and beyond Thermal effects Influence of faults and fractures Rock mechanics testing Day 3 Pore Pressure Basic definitions Origins of pore pressure Causes of over pressure Pore pressure and the Mechanical Earth Model Leak off tests Fracture gradients Reservoir compartmentalization Mechanisms of overpressure generation Estimating pore pressure at depth Day 4 Reservoir geomechanics Compaction Thermal Depletion effects Well integrity Plasticity Day 5 Petroleum Applications Well Planning Wellbore Stability Drilling Optimization Reservoir stress management Hydraulic fracture design Structural Permeability Fault Seal Analysis Sand prediction Sanding Evaluation Impact of Sand production Nature of Sand Production Sand Prediction Model Register Now

Fundamentals of Petroleum Geomechanics قراءة المزيد »

Fundamentals of Oil and Gas Industry

Course Objectives Understanding the petroleum economics Getting an overview of oil extraction process Determining key issues in field development Understanding the oil and gas value chain The course explores briefly the life cycle of oil starting from discovery until it is distributed and used. It also explains about the legal issues that may arise during this expensive, yet profitable process.  Who Should Attend?  Commercial managers HR managers Marketing Sales Legal managers Executives Course Content Day 1 Key terminology in Oil and Gas Life before the discovery of oil The Lifecycle of a Petroleum Field Countries rich in oil Crude oil properties Gas and liquid properties Day 2 Locating and discovering oil Extracting and processing The drilling operations Equipment used Conventional and unconventional resources Day 3 Upstream fiscal terms, production sharing agreements Appraisal Decommissioning Reservoir Depletion Mechanisms Reservoir Management Day 4 Oil and gas supply chain Project planning and managing field developments Selling and trading regulations Transporting oil and gas Day 5 Environmental issues Access authority Safety of workers Sub-surface and above-ground risks and opportunities Oil Price Risk Management Register Now

Fundamentals of Oil and Gas Industry قراءة المزيد »

Electrical Submersible Pumps (ESP) Basic Operations, Design and Optimization

Course Objectives This course covers ESP basics of design, operation and optimization, ESP components, troubleshooting and ESP surface equipment. Trainees will be introduced to the newest ESP technology and Down Hole Monitoring tools which are considered as the eyes of the ESP operators. The course will cover VSD Variable speed drives and their application in ESP wells. By the end of the course, trainees will be familiar with all ESP types and their uses in addition to ESP wells down hole problems and the best solutions applied in artificial Lift technology. Who Should Attend?  Production Staff ESP operators and ESP staff ESP field service technicians and engineers ESP application engineers Course Content Day 1 Introduction ESP Basics and fundamentals ESP components Pump components and types Motor components Day 2 Protector components and types Gas separator components and types Pump intake and types DMT types and principles  Cables types and components and cables types suitable to well conditions Surface equipment types and applications Well head components Day 3 Principals of electricity Transformers types and applications ESP design and optimization ESP design with pressure gradient Pump sizing exercises Day 4 Amp charts analyses ESP troubleshooting Electrical Surface equipment protections FSD types and applications VSD types and application Day 5 Affinity laws Harmonic effects and reduction Special presentations about ESP VSD applications Register Now

Electrical Submersible Pumps (ESP) Basic Operations, Design and Optimization قراءة المزيد »

Economics of Petroleum Refining

Course Objectives Understanding the fundamentals of World-wide crude oil supply and demand Being familiar with refinery process technologies Learning the Impact of market demand and crude oil quality on refinery configuration Learning How do refiners select crude oils Understanding the Options for increasing refinery profitability. This course presents a broad introduction to petroleum refining technology and economics. The focus is on transportation fuels refineries, petrochemical production and biofuels are also discussed. The program includes an overview of crude oil supply and petroleum product demand. This is followed with a description of refinery process technology. Describe Key refining technologies such as crude oil distillation, heavy oil conversion options, hydrotreating, and catalytic reforming Who Should Attend?  Engineers who have limited refinery experience Oil refining personnel Petrochemical producers Managers / Executives in oil refinery suppliers Course Content Day 1 Introduction to Petroleum Refinery Economics How Oil Markets Work Refinery Economics Fundamentals, Terminology and Techniques Historical Crude Oil and Product Pricing Day 2 Process Unit Yield Data and Correlations, Process Modeling Economics for Individual Units and Refinery Blending Economics Crack Spreads and Refining Margins Day 3 Optimizing in a Changing Product Demand and Quality Environment Petroleum Products World-wide Crude Oil Supply and Demand Economic Drivers from Crude Oil, Products, Key Process Units Day 4 Important petroleum product demand trends Overview of refinery process technology Impact of market demand and crude oil quality on refinery configuration Refinery/petrochemical integration Day 5 Refinery margin calculation How do refiners select crude oils Case study of new grassroots refinery Options for increasing refinery profitability Register Now

Economics of Petroleum Refining قراءة المزيد »

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