26. Oil and Gas Management

Issues

ELECTIVE- OIL & GAS MANAGEMENT

Subjects:-

 Fundamentals of Oil & Gas Industry- Paper 1st

 Oil & Gas Exploration and Production – Paper 2nd

 Curriculum of Fundamentals of Oil & Gas Industry- Paper 1st(IIBM -1085)

S.No.

Topics

1

Introduction to the Oil and Gas Industry:Prelude, History of Oil, Scope of the Hydrocarbon Industry in modern times, how is the Oil and Gas Industry Organised?, Process Flow of A typical upstream Oil and Gas production process, Hydrocarbon industry and Global Environment, The future of hydrocarbon Industry.

2

Oil and Gas Reservoir: –Introduction, Crude Oil, oil/Gas reserves, Formation of Oil and Gas, searching for Reservoir, Data Acquisition, Interpretation and Processing end Results of Survey, evaluating the Oil and Gas Filed.

3

Oil Well: -introduction, Life of Well, Classification of Wells, Oil extraction and Recovery, Methods of Harnessing Reservoir Capacity.

4

Equipments & Components on the topside of the Well: –Introduction, Wellhead, production Tree or Xmas tree, Maintenance of the Well.

5

Oil and Gas production Facility: -Introduction, Types of Facilities, Oil Rigs, Offshore Platforms, Subsea Well, Different Areas of Offshore Platforms, Drawbacks of Offshore Platforms and Environmental Issues.

6

Oil and Gas Production Process:-Pre-Treatment of Well Stream, Well Stream Separation, Residue Treatment Unit, Gas Treatment Production and Offloading, Oil Treatment, Production and Offloading, Fiscal Metering, Storage of Oil & Gas, Offloading and Transportation of Oil and Gas, Flow Assurance and Methods for Maintaining Flow, Chemical Injection to Oil.

7

Non-Conventional Sources of Oil and Gas: –What do we mean by Non-Conventional Sources of Oil and Gas?, Types of Non-Conventional Sources, Hydrogen.

8

Terms and Nomenclatures used in Oil and Gas Industry: –Ballast Water System, Continental Shelf, DynaPOS, Fire Sprinkler System, Oil Gushers, ROV.

Curriculum of  Oil & Gas Exploration & Production – Paper 2nd (IIBM-1086)

S.No

Topics

1

Extraction of Petroleum: –Locating the Oil Field, drilling, Oil Extraction and Recovery, Recovery Rates and Factors, Estimated Ultimate Recovery, Hydraulic Fracturing, Induced Hydraulic Fracturing, Fracture Monitoring, Horizontal Completions, terminology, Groundwater Contamination, Radioactive Contamination, Greenhouse Gas Emissions, Offshore Drilling.

2

Supply of Oil:-Overall Supply Levels, Worldwide Production Trends, High Oil Prices, effects of Rising Oil Prices, oil and Gas Law in the United States, Abiogenic Petroleum Origin, Proposed Mechanisms of Abiogenic Petroleum, Biotic(Microbial) Hydrocarbons, field Observations, The Geological Argument for Abiogenic Oil, The geological Argument Against, .

3

Integrated Operations:-Contents of the Term, Incentives, Energy Policy of the United Kingdom, Response of the Scottish Government, Issues Not Thoroughly Addressed by UK Policy, Greenhouse Gas, Gases in Earth’s Atmosphere, Proportion of Direct Effects at a Given Moment, Atmospheric Concentration, Regional and National Attribution of Emissions, Removal from the Atmosphere (“Sinks”), Renewable Energy, Mainstream Forms of Renewable Energy, Renewable Energy Commercialisation.

4

Petroleum Product:-Specialty and Products, Composition, Chemistry, Empirical Equations for Thermal Properties, Formation, Reservoirs, Environmental Effects, Alternatives to Petroleum, Future of Petroleum Production, Barrel of Oil Equivalent, Gas Oil Ratio, Stranded Gas Reserve, Gas to Liquids, Gross Domestic Product per Barrel, Petrodollar, Iranian Oil Bourse, Hydrocarbon, Usage, List of Countries by Proven Oil Reserves.

5

Reserves and Resources:-Definition of Oil Reserves, Petroleum Industry, Industry Structure, Environmental Impact and Future Shortages, Petroleum Industry in Popular Culture, Strategic Petroleum Industry in Popular Culture, Strategic Petroleum Reserve(United States), Limitations, SPR Drawdowns, Energy Security, Long Term Security, Short Term Security, Shale Gas, Geology, Environment, Economics, World Energy Consumption, Emissions.

6

Transportation and Refining:Economics, Environmental Issues, Land Use and Waste Management, History of the Petroleum Industry in Canada,(Oil Sands and Heavy Oil), Surface Extraction, In Situ Recovery, Heavy Oil, Upgraders, Oil Megaprojects, Giant Oil and Gas Fields, Giant Field Production Properties and Behaviour, Gas Compressor, Natural Gas, Environmental Effects, Petroleum Licensing.

7

Waste Oil:Differentiating between “Waste Oil” and “Used Oil”, Products Used as waste Oil, Dangerous Goods, Oil Depletion, Production decline Models, Implications of a World Peak, Motor Oil, Non-Vehicle Motor Oils, Properties, Grades, Standards, Other Additives.

8

Oil Reserves:Classifications, Estimation Techniques, Reserves Growth, Estimated Reserves by Country, Prospective Resources, Global Strategic Petroleum Reserves, Forward Commercial Storage Agreements, Emergency Oil Sharing Agreements, Hydrocarbon Exploration, Elements of a Petroleum Prospect, Exploration Risk, Terms Used in Petroleum Evaluation, Licensing.