The document provides an overview of the oil and gas industry, including:
- Oil formation from ancient remains of animals and plants that were subjected to heat and pressure over millions of years.
- The industry is divided into upstream (exploration and production) and downstream (processing, refining, distribution).
- The life cycle of an oil field consists of 5 stages: exploration, appraisal, development, production, and abandonment.
The document provides an overview of the key technical disciplines involved across the different stages of the oil and gas industry life cycle, from exploration through to decommissioning. It discusses the roles of professionals such as geologists, geophysicists, reservoir engineers, drilling engineers, production engineers, and health and safety specialists. The exploration stage involves predicting oil and gas reserves, while development includes well drilling, infrastructure installation, and production planning. Decommissioning encompasses cleaning up facilities and safely removing offshore structures. Subsea engineering roles have also emerged to support offshore oil and gas extraction.
Oil and gas engineering involves the production of hydrocarbons from subsurface reservoirs. There are four main types: offshore, subsea, petroleum, and earth science engineering. The life cycle of an oil field consists of five stages: exploration, appraisal, development, production, and abandonment. Oil refineries process crude oil through various units to produce useful products like gasoline and diesel.
Petroleum, or oil, is a nonrenewable energy source that is used to create many products beyond just fuel. One barrel of oil produces 20 gallons of gasoline and other byproducts that are used to make everyday items like plastic, paint, and medical supplies. Petroleum engineering involves exploring and producing oil and gas resources, with responsibilities including evaluating hydrocarbon potential, maximizing recovery, and transportation. As the world's demand for oil and gas increases, petroleum engineers will play a key role in meeting demand through new technologies while protecting the environment.
Kim D. Norman has over 30 years of experience in supply chain management, procurement, and project management for oil and gas projects. He has managed procurement teams and overseen the material planning and logistics for multi-million dollar offshore oil production facilities, FPSOs, and pipeline projects. Most recently, he was the Project Procurement Manager at SBM Offshore, where he supervised procurement teams and negotiated contracts for major equipment on several large scale offshore oil projects in the Gulf of Mexico and overseas.
This document summarizes an upcoming presentation on innovative ideas for light modules for FPSO and FLNG projects. The presentation will be given by Mukes Gupta of Canadoil Engineering on March 24th, 2010. It will discuss the current status and challenges of FPSO and FLNG projects, as well as innovative modularization approaches that can help address challenges and reduce costs. Specific topics to be covered include modularization benefits and pitfalls, case studies of different modularization projects, and innovative cost-saving methods for modularization.
An oil and gas complex involves three main stages: upstream (exploration and production), midstream (processing, storage, transportation), and downstream (refining, marketing, consumption). Building a new large petroleum complex spanning all three stages can cost $7-10 billion and take 5-7 years. India's largest example is the Jamnagar refinery complex which cost $6 billion, covers 7,500 acres, and has a capacity of 1.24 million barrels per day.
Nippon Dragon Resources Inc. Hard rock revolution has arrived!Nick Vukovich
Nippon Dragon Resources Inc. Hard rock revolution has arrived! Nippon Dragon Resources Inc. is without a doubt one of the most innovative junior mining companies operating today. The Company’s patented “thermal fragmentation” process is ideal for high grade precious/base metal vein deposits. The exploitation of high-grade precious/base metal veins with its exclusive thermal fragmentation process coupled with conventional mining methods will lead the Company in becoming a mid-size gold producer.
Nippon Dragon’s growth strategy is to focus on the development of quality assets that will significantly enhance shareholder value. The acquisition, development and future exploration activities at the Rocmec 1 (Abitibi, Qc, Canada) property is an excellent example of this strategy.
The document summarizes the Peregrino oil field offshore Brazil, which has large untapped oil reserves and potential for increased oil recovery. Statoil operates the field and has already doubled the recovery factor by implementing their technologies. Their ambitions are to further increase recovery by leveraging their technological expertise and evaluating enhanced oil recovery methods such as multi-lateral wells, advanced geosteering, autonomous inflow control valves, infill wells, optimized water injection strategies, and polymer injection.
The document provides an overview of the key technical disciplines involved across the different stages of the oil and gas industry life cycle, from exploration through to decommissioning. It discusses the roles of professionals such as geologists, geophysicists, reservoir engineers, drilling engineers, production engineers, and health and safety specialists. The exploration stage involves predicting oil and gas reserves, while development includes well drilling, infrastructure installation, and production planning. Decommissioning encompasses cleaning up facilities and safely removing offshore structures. Subsea engineering roles have also emerged to support offshore oil and gas extraction.
Oil and gas engineering involves the production of hydrocarbons from subsurface reservoirs. There are four main types: offshore, subsea, petroleum, and earth science engineering. The life cycle of an oil field consists of five stages: exploration, appraisal, development, production, and abandonment. Oil refineries process crude oil through various units to produce useful products like gasoline and diesel.
Petroleum, or oil, is a nonrenewable energy source that is used to create many products beyond just fuel. One barrel of oil produces 20 gallons of gasoline and other byproducts that are used to make everyday items like plastic, paint, and medical supplies. Petroleum engineering involves exploring and producing oil and gas resources, with responsibilities including evaluating hydrocarbon potential, maximizing recovery, and transportation. As the world's demand for oil and gas increases, petroleum engineers will play a key role in meeting demand through new technologies while protecting the environment.
Kim D. Norman has over 30 years of experience in supply chain management, procurement, and project management for oil and gas projects. He has managed procurement teams and overseen the material planning and logistics for multi-million dollar offshore oil production facilities, FPSOs, and pipeline projects. Most recently, he was the Project Procurement Manager at SBM Offshore, where he supervised procurement teams and negotiated contracts for major equipment on several large scale offshore oil projects in the Gulf of Mexico and overseas.
This document summarizes an upcoming presentation on innovative ideas for light modules for FPSO and FLNG projects. The presentation will be given by Mukes Gupta of Canadoil Engineering on March 24th, 2010. It will discuss the current status and challenges of FPSO and FLNG projects, as well as innovative modularization approaches that can help address challenges and reduce costs. Specific topics to be covered include modularization benefits and pitfalls, case studies of different modularization projects, and innovative cost-saving methods for modularization.
An oil and gas complex involves three main stages: upstream (exploration and production), midstream (processing, storage, transportation), and downstream (refining, marketing, consumption). Building a new large petroleum complex spanning all three stages can cost $7-10 billion and take 5-7 years. India's largest example is the Jamnagar refinery complex which cost $6 billion, covers 7,500 acres, and has a capacity of 1.24 million barrels per day.
Nippon Dragon Resources Inc. Hard rock revolution has arrived!Nick Vukovich
Nippon Dragon Resources Inc. Hard rock revolution has arrived! Nippon Dragon Resources Inc. is without a doubt one of the most innovative junior mining companies operating today. The Company’s patented “thermal fragmentation” process is ideal for high grade precious/base metal vein deposits. The exploitation of high-grade precious/base metal veins with its exclusive thermal fragmentation process coupled with conventional mining methods will lead the Company in becoming a mid-size gold producer.
Nippon Dragon’s growth strategy is to focus on the development of quality assets that will significantly enhance shareholder value. The acquisition, development and future exploration activities at the Rocmec 1 (Abitibi, Qc, Canada) property is an excellent example of this strategy.
The document summarizes the Peregrino oil field offshore Brazil, which has large untapped oil reserves and potential for increased oil recovery. Statoil operates the field and has already doubled the recovery factor by implementing their technologies. Their ambitions are to further increase recovery by leveraging their technological expertise and evaluating enhanced oil recovery methods such as multi-lateral wells, advanced geosteering, autonomous inflow control valves, infill wells, optimized water injection strategies, and polymer injection.
Modular crude oil minirefineries can process 500 to 50,000 barrels per day. They are assembled off-site using pre-fabricated modules and shipped to the oil field for installation. This modular approach reduces costs, environmental impacts, and construction time compared to traditional large-scale refineries. Services include engineering, manufacturing, installation, and operation of turn-key refining systems.
Christian Nissen has over 25 years of experience in engineering, maintenance, and management roles in the mining and construction industries in Namibia. He has held positions such as Section Engineer, Project Engineer, Production Engineer, and Mine Manager at companies including Namdeb Diamond Corporation, De Beers Marine Namibia, Roads Contractors Company, and Weatherly Mining Namibia. Nissen has specialized expertise in maintenance management, heavy equipment applications, lifecycle cost modeling, and managing multidisciplinary teams. He holds an engineering degree from the University of Stellenbosch and has extensive training in areas such as project management, maintenance systems, earthmoving equipment, and safety.
Y&V specializes in oil and gas projects including oil production, processing, upgrading, refining, transportation, and storage. They also specialize in gas processing including dehydration, extraction, sweetening, compression, transportation, storage, and liquefaction. Some example projects include an ethane plant refurbishment in San Joaquin, Venezuela from 2008-2011 and a LNG re-gasification terminal and plant in Colombia from 2012-2012.
The Richards Bay Industrial Development Zone provides economic opportunities in metals beneficiation, agro-processing, port operations, renewable energy, and ICT. It has an existing land portfolio of 237 hectares and plans to expand into additional zones identified through a 50-year master plan. Recent highlights include signing investment agreements totaling R4.8 billion and creating over 1,700 construction jobs. The zone aims to attract further investments in steel production, oil and gas infrastructure, and shipbuilding through initiatives like Operation Phakisa. It also signed a memorandum of understanding with a technical college to develop workforce skills.
- Pramod Nair has over 25 years of experience managing large tankage projects in various countries in the Middle East and Asia. He has delivered over $650 million worth of projects in the Middle East and $2 million worth in India.
- He is proficient in standards like API 650, 653, and 620 and has experience with technologies like Microsoft Office.
- Nair has worked for companies like Larsen & Toubro, ChemiTech, and Ahmed Mansoor Al Aali and managed projects for clients such as ADNOC, KNPC, Occidental, Equate, and Bahrain Petroleum Company.
Statoil at OTC 2014 - The Power of PossibleStatoil
The document discusses Statoil's approach to increasing oil recovery and developing fields by imagining what could be possible through innovative technologies and strategies. It provides four examples:
1) The Troll field in Norway, where developing multi-lateral and branched wells allowed recovery from a previously uneconomic thin oil zone.
2) The Johan Sverdrup field in Norway, a large discovery that will be developed using proven technologies over 50 years.
3) The Peregrino field in Brazil, where increased recovery of 10 times the initial value was achieved through horizontal wells, reservoir management, and heavy oil processing.
4) The Bay du Nord discovery in Canada, which could open a new
The document discusses Mega Graphite Inc.'s plans to become a vertically integrated producer and supplier of natural flake graphite. It outlines Mega's strategy to acquire graphite mining properties and build purification facilities, with a focus on restarting production at its Uley Graphite Mine in Australia. The presentation provides an overview of Mega's business model and goals, capital requirements, properties and mining operations.
The Oil and Natural Gas Value Chain; PETROLEUM INDUSTRY STRUCTURE; THE AMERICAN PETROLEUM INSTITUTE CLASSIFICATION OF THE PETROLEUM INDUSTRY; UPSTREAM OIL AND GAS SECTOR; Business Cycle of Upstream; Components of the Upstream Sector; Upstream Oil Company Targets; MIDSTREAM SECTOR; DOWNSTREAM PROCESS AND SECTOR; Distribution of Refined Products; PETROLEUM REFINING; Distillation of Crude Oil; PETROLEUM COMPANIES TYPES; International Oil Companies (IOCs); Nation Oil Companies (NOCs); Operator Companies (or Exploration and Production (E &P) Companies); Types of exploration and production companies; Service Petroleum Companies; Types of service companies; MAIN PETROLEUM COMPANIES PARTICIPANTS IN THE INTERNATIONAL OIL MARKET; SEVEN SISTERS (or ANGLO-SAXON) ; Composition and history; New Seven Sisters
Professional PowerPoint template for oil and gas presentations.
This is a fully customizable template with individual graphic elements and images. You are free to adjust cover, divider, and content slider header layouts.
Download at: http://www.powerpointteam.com/oil-industry-powerpoint-template.html
Available in standard and widescreen format.
Your comments will be highly appreciated. Thank you!
The petroleum industry involves exploring for oil and gas deposits, extracting them from the ground, refining oil into fuel products like gasoline and diesel, and transporting and marketing these products. It is divided into upstream (exploration and production), midstream (transportation, storage, and processing), and downstream (refining and distribution) sectors. Globally, oil accounts for around 33-53% of energy consumption in different regions. The United States consumes around 25% of the world's oil production each year. The petroleum industry represents the world's largest industry in terms of revenue.
This document provides an overview of the Infraline Energy knowledge base on the oil and natural gas sector in India. It includes detailed coverage of upstream and downstream activities, natural gas and LNG, prices, demand and supply, maps, the regulatory framework, taxes and duties, and presentations. The knowledge base provides daily newsletters, a comprehensive library that is frequently updated, analytical articles, market intelligence, reports, and books. It offers in-depth information on topics such as exploration and production, company profiles, pipelines, reserves, refineries, petroleum products, and policies.
The document provides an overview of the oil and gas industry in India. It discusses the industry's history and growth over time. It also describes the major companies operating in the industry and their market shares. Additionally, it covers government policies and regulations related to foreign investment, pricing, and regulatory bodies that oversee the industry. The industry is growing and sees increasing private investment and participation of global companies.
Introduction to Oil and Gas Industry from Upstream (Exploration & Production), Midstream (Transportation & Storage), to Downstream (Refining, Petrochemical, & Marketing)
Introduction into Oil and Gas Industry. OIL: Part 1Fidan Aliyeva
The document provides an introduction to the oil and gas industry, covering the following key points in 7 sentences or less:
Oil formed from the remains of ancient organisms over millions of years. It varies in composition and properties depending on its origin. Major oil producers and traders include OPEC countries, international oil majors, and national oil companies. OPEC coordinates policies to stabilize oil markets and ensure supply. While oil reserves could last over 40 years at current production rates, consumption is rising. Large price fluctuations can significantly impact oil-producing and consuming economies. The industry is working to increase capacity and ensure secure long-term oil supplies.
The document discusses India's oil and gas industry. It is divided into upstream, midstream and downstream sectors and includes state-owned and private companies. The industry faces a growing level of competition and high import dependence, but also opportunities through new technologies, sources and markets. Government policies aim to regulate the strategic industry and increase domestic production, though challenges remain around infrastructure, expertise and environmental impacts. The industry plays a central role in India's economy and energy security.
Brief Introduction into Oil & Gas Industry by Fidan AliyevaFidan Aliyeva
This document presents five stages of the oil field life cycle, their description and some disciplines involved as well as some general facts about the oil and gas.
OIL & GAS OPERATIONS AND INDUSTRY AN OVERVIEW -0CU 14112023.pptKAYODE ADEBIYI
The document provides an overview of oil and gas operations and industry processes. It discusses the upstream, midstream, and downstream sectors. The upstream sector involves exploration, production, and E&P activities like drilling wells. Well drilling can be simple or complex depending on location and depth. The midstream sector involves transportation of oil and gas through pipelines and shipping. The downstream sector involves refining crude oil into products and marketing to consumers. It also discusses types of crude oil and characteristics of oil and gas reservoirs.
This document provides an overview of the oil and gas industry, including its upstream, midstream, and downstream sectors. It discusses how oil and gas are formed from the decomposition of ancient organisms, and traces the history of the industry from its early uses by ancient civilizations to the birth of the modern industry with Colonel Drake's 1859 well discovery. The document also outlines the key stages of the upstream oil and gas lifecycle from exploration and appraisal to development, production, and abandonment. It provides details on production facilities including wells, surface infrastructure, and different types of offshore facilities.
Kosmos is an international oil and gas exploration and production company based in Dallas, Texas. They have a track record of success in deepwater exploration, such as discovering the large Jubilee Field in Ghana. The document outlines Kosmos' focus on under-explored areas and their self-funded exploration and appraisal drilling program. It then describes the typical 6-phase process for oil and gas exploration, which includes entering a new market, exploring a block through surveys, undertaking exploration drilling, appraisal drilling if discoveries are made, development if a reservoir is deemed commercially viable, and ultimately production. Key activities, opportunities, and challenges of each phase are outlined.
The document provides an overview of the oil and gas exploration and production process. It discusses the key stages: exploration surveying, exploratory drilling, appraisal, development and production, and decommissioning. Exploration surveying involves desk studies, aerial photography, and seismic surveys. Exploratory drilling verifies the presence of hydrocarbons and determines quantities. Appraisal determines the size and commercial viability of oil fields. Development and production extracts oil and gas using various techniques. Decommissioning safely removes installations and restores sites after 20-40 years of commercial production.
The document provides an overview of the oil and gas industry, describing the upstream, midstream, and downstream sectors. Upstream involves exploration and production of oil and gas. Midstream involves transportation and storage. Downstream involves further processing of oil and gas into end products or raw materials. The document uses Chevron as an example of an integrated oil and gas company that operates across all three sectors of the industry.
Modular crude oil minirefineries can process 500 to 50,000 barrels per day. They are assembled off-site using pre-fabricated modules and shipped to the oil field for installation. This modular approach reduces costs, environmental impacts, and construction time compared to traditional large-scale refineries. Services include engineering, manufacturing, installation, and operation of turn-key refining systems.
Christian Nissen has over 25 years of experience in engineering, maintenance, and management roles in the mining and construction industries in Namibia. He has held positions such as Section Engineer, Project Engineer, Production Engineer, and Mine Manager at companies including Namdeb Diamond Corporation, De Beers Marine Namibia, Roads Contractors Company, and Weatherly Mining Namibia. Nissen has specialized expertise in maintenance management, heavy equipment applications, lifecycle cost modeling, and managing multidisciplinary teams. He holds an engineering degree from the University of Stellenbosch and has extensive training in areas such as project management, maintenance systems, earthmoving equipment, and safety.
Y&V specializes in oil and gas projects including oil production, processing, upgrading, refining, transportation, and storage. They also specialize in gas processing including dehydration, extraction, sweetening, compression, transportation, storage, and liquefaction. Some example projects include an ethane plant refurbishment in San Joaquin, Venezuela from 2008-2011 and a LNG re-gasification terminal and plant in Colombia from 2012-2012.
The Richards Bay Industrial Development Zone provides economic opportunities in metals beneficiation, agro-processing, port operations, renewable energy, and ICT. It has an existing land portfolio of 237 hectares and plans to expand into additional zones identified through a 50-year master plan. Recent highlights include signing investment agreements totaling R4.8 billion and creating over 1,700 construction jobs. The zone aims to attract further investments in steel production, oil and gas infrastructure, and shipbuilding through initiatives like Operation Phakisa. It also signed a memorandum of understanding with a technical college to develop workforce skills.
- Pramod Nair has over 25 years of experience managing large tankage projects in various countries in the Middle East and Asia. He has delivered over $650 million worth of projects in the Middle East and $2 million worth in India.
- He is proficient in standards like API 650, 653, and 620 and has experience with technologies like Microsoft Office.
- Nair has worked for companies like Larsen & Toubro, ChemiTech, and Ahmed Mansoor Al Aali and managed projects for clients such as ADNOC, KNPC, Occidental, Equate, and Bahrain Petroleum Company.
Statoil at OTC 2014 - The Power of PossibleStatoil
The document discusses Statoil's approach to increasing oil recovery and developing fields by imagining what could be possible through innovative technologies and strategies. It provides four examples:
1) The Troll field in Norway, where developing multi-lateral and branched wells allowed recovery from a previously uneconomic thin oil zone.
2) The Johan Sverdrup field in Norway, a large discovery that will be developed using proven technologies over 50 years.
3) The Peregrino field in Brazil, where increased recovery of 10 times the initial value was achieved through horizontal wells, reservoir management, and heavy oil processing.
4) The Bay du Nord discovery in Canada, which could open a new
The document discusses Mega Graphite Inc.'s plans to become a vertically integrated producer and supplier of natural flake graphite. It outlines Mega's strategy to acquire graphite mining properties and build purification facilities, with a focus on restarting production at its Uley Graphite Mine in Australia. The presentation provides an overview of Mega's business model and goals, capital requirements, properties and mining operations.
The Oil and Natural Gas Value Chain; PETROLEUM INDUSTRY STRUCTURE; THE AMERICAN PETROLEUM INSTITUTE CLASSIFICATION OF THE PETROLEUM INDUSTRY; UPSTREAM OIL AND GAS SECTOR; Business Cycle of Upstream; Components of the Upstream Sector; Upstream Oil Company Targets; MIDSTREAM SECTOR; DOWNSTREAM PROCESS AND SECTOR; Distribution of Refined Products; PETROLEUM REFINING; Distillation of Crude Oil; PETROLEUM COMPANIES TYPES; International Oil Companies (IOCs); Nation Oil Companies (NOCs); Operator Companies (or Exploration and Production (E &P) Companies); Types of exploration and production companies; Service Petroleum Companies; Types of service companies; MAIN PETROLEUM COMPANIES PARTICIPANTS IN THE INTERNATIONAL OIL MARKET; SEVEN SISTERS (or ANGLO-SAXON) ; Composition and history; New Seven Sisters
Professional PowerPoint template for oil and gas presentations.
This is a fully customizable template with individual graphic elements and images. You are free to adjust cover, divider, and content slider header layouts.
Download at: http://www.powerpointteam.com/oil-industry-powerpoint-template.html
Available in standard and widescreen format.
Your comments will be highly appreciated. Thank you!
The petroleum industry involves exploring for oil and gas deposits, extracting them from the ground, refining oil into fuel products like gasoline and diesel, and transporting and marketing these products. It is divided into upstream (exploration and production), midstream (transportation, storage, and processing), and downstream (refining and distribution) sectors. Globally, oil accounts for around 33-53% of energy consumption in different regions. The United States consumes around 25% of the world's oil production each year. The petroleum industry represents the world's largest industry in terms of revenue.
This document provides an overview of the Infraline Energy knowledge base on the oil and natural gas sector in India. It includes detailed coverage of upstream and downstream activities, natural gas and LNG, prices, demand and supply, maps, the regulatory framework, taxes and duties, and presentations. The knowledge base provides daily newsletters, a comprehensive library that is frequently updated, analytical articles, market intelligence, reports, and books. It offers in-depth information on topics such as exploration and production, company profiles, pipelines, reserves, refineries, petroleum products, and policies.
The document provides an overview of the oil and gas industry in India. It discusses the industry's history and growth over time. It also describes the major companies operating in the industry and their market shares. Additionally, it covers government policies and regulations related to foreign investment, pricing, and regulatory bodies that oversee the industry. The industry is growing and sees increasing private investment and participation of global companies.
Introduction to Oil and Gas Industry from Upstream (Exploration & Production), Midstream (Transportation & Storage), to Downstream (Refining, Petrochemical, & Marketing)
Introduction into Oil and Gas Industry. OIL: Part 1Fidan Aliyeva
The document provides an introduction to the oil and gas industry, covering the following key points in 7 sentences or less:
Oil formed from the remains of ancient organisms over millions of years. It varies in composition and properties depending on its origin. Major oil producers and traders include OPEC countries, international oil majors, and national oil companies. OPEC coordinates policies to stabilize oil markets and ensure supply. While oil reserves could last over 40 years at current production rates, consumption is rising. Large price fluctuations can significantly impact oil-producing and consuming economies. The industry is working to increase capacity and ensure secure long-term oil supplies.
The document discusses India's oil and gas industry. It is divided into upstream, midstream and downstream sectors and includes state-owned and private companies. The industry faces a growing level of competition and high import dependence, but also opportunities through new technologies, sources and markets. Government policies aim to regulate the strategic industry and increase domestic production, though challenges remain around infrastructure, expertise and environmental impacts. The industry plays a central role in India's economy and energy security.
Brief Introduction into Oil & Gas Industry by Fidan AliyevaFidan Aliyeva
This document presents five stages of the oil field life cycle, their description and some disciplines involved as well as some general facts about the oil and gas.
OIL & GAS OPERATIONS AND INDUSTRY AN OVERVIEW -0CU 14112023.pptKAYODE ADEBIYI
The document provides an overview of oil and gas operations and industry processes. It discusses the upstream, midstream, and downstream sectors. The upstream sector involves exploration, production, and E&P activities like drilling wells. Well drilling can be simple or complex depending on location and depth. The midstream sector involves transportation of oil and gas through pipelines and shipping. The downstream sector involves refining crude oil into products and marketing to consumers. It also discusses types of crude oil and characteristics of oil and gas reservoirs.
This document provides an overview of the oil and gas industry, including its upstream, midstream, and downstream sectors. It discusses how oil and gas are formed from the decomposition of ancient organisms, and traces the history of the industry from its early uses by ancient civilizations to the birth of the modern industry with Colonel Drake's 1859 well discovery. The document also outlines the key stages of the upstream oil and gas lifecycle from exploration and appraisal to development, production, and abandonment. It provides details on production facilities including wells, surface infrastructure, and different types of offshore facilities.
Kosmos is an international oil and gas exploration and production company based in Dallas, Texas. They have a track record of success in deepwater exploration, such as discovering the large Jubilee Field in Ghana. The document outlines Kosmos' focus on under-explored areas and their self-funded exploration and appraisal drilling program. It then describes the typical 6-phase process for oil and gas exploration, which includes entering a new market, exploring a block through surveys, undertaking exploration drilling, appraisal drilling if discoveries are made, development if a reservoir is deemed commercially viable, and ultimately production. Key activities, opportunities, and challenges of each phase are outlined.
The document provides an overview of the oil and gas exploration and production process. It discusses the key stages: exploration surveying, exploratory drilling, appraisal, development and production, and decommissioning. Exploration surveying involves desk studies, aerial photography, and seismic surveys. Exploratory drilling verifies the presence of hydrocarbons and determines quantities. Appraisal determines the size and commercial viability of oil fields. Development and production extracts oil and gas using various techniques. Decommissioning safely removes installations and restores sites after 20-40 years of commercial production.
The document provides an overview of the oil and gas industry, describing the upstream, midstream, and downstream sectors. Upstream involves exploration and production of oil and gas. Midstream involves transportation and storage. Downstream involves further processing of oil and gas into end products or raw materials. The document uses Chevron as an example of an integrated oil and gas company that operates across all three sectors of the industry.
This document provides an overview of offshore oil and gas production processes. It discusses the key steps of exploration, production, processing, and transportation. For production, it describes how crude oil and gas are formed from ancient biomass and become trapped in underground reservoirs. The processing section outlines the main operations at an offshore platform, including hydrocarbon separation, gas processing, oil and gas export, water treatment, and utilities. It provides a schematic of an offshore process complex and details the multi-stage separation and treatment of wellstream components.
This document provides an overview of a graduation project studying the SIMIAN field. It will integrate petroleum geology and exploration, drilling engineering, well logging, reservoir engineering, well testing, and production engineering. The study will include constructing structure contour maps, isopach maps, and calculating the original gas in place. It will also include determining the number of casing strings needed, designing the cement program, predicting drilling problems, and calculating the total drilling cost. Other aspects covered are making qualitative and quantitative log interpretations, identifying the reservoir driving mechanism, determining boundaries and properties from well testing, and selecting the optimum tubing size and gas processing method.
The document provides an overview of the petroleum industry, including defining petroleum and natural gas as raw materials extracted from the ground that are refined into usable products, listing various petroleum and petrochemical products, and discussing the upstream processing and general refining processes used to produce petroleum products.
OIL & GAS OPERATIONS AND INDUSTRY AN OVERVIEW -0CU 14112023.pptKAYODE ADEBIYI
Mr. Kayode Adebiyi gave a presentation on oil and gas operations, industry, and business processes to 400 level students at Covenant University's Department of Accounting. He has over 30 years of experience in the oil and gas industry, including roles at NNPC and as managing director of HoneyRock Multiconsult Ltd. The presentation provided an overview of the upstream, midstream, and downstream sectors of the oil and gas industry, exploration and production processes, types of crude oil, and company structures. It also included details about Mr. Adebiyi's background, qualifications, and experience in the field.
An oil field is an area containing hydrocarbon reservoirs located below the earth's surface that can extend for multiple miles. Field development planning evaluates multiple development options for a field to select the best approach based on factors like recovery rates, costs, risks and net present value. Key components of oil and gas infrastructure include wells, flowlines to connect wells to manifolds, gathering lines to transport from manifolds, and flow stations to separate hydrocarbons before pipelines transport to terminals for storage.
Marco Sully Perez said Oil and gas workers face unique health and safety challenges and are recognized by the National Institute for Occupational Safety and Health (NIOSH) as a priority industry sector under the National Workplace Research Initiative (NORA) to identify and develop intervention strategies in the labor sector Protect. health and safety issues. In 2011, the oil and gas and ancillary industries employed more than 450,000 people (Quarterly Census of Employment and Wages). Therefore, oil well drilling and field maintenance are two different types of business activities in the oil and gas industry.
This document provides an overview of the oil and gas production and shipping industry, including exploration, upstream production facilities, midstream facilities, and transportation. It describes the key stages and facilities involved, from exploration and drilling to separation, processing, storage, pipelines and export. The upstream section involves wellheads, manifolds, separation and processing facilities. Midstream includes gas plants for processing, pipelines for transportation, and LNG facilities for liquefaction and regasification. Various offshore and onshore production structures are also outlined.
Introduction to oil and gas exploration and processingJohn Kingsley
This is a comprehensive presentation designed to give an overview and to introduce oil & gas operations.
Following are the contents of the presentation :
a) How Oil & Gas were formed ?
b) How are Oil and Gas deposits located ?
c) Economics of Exploration operations.
d) Definition of Oil Reserves.
e) Drilling & Production Process - How are they safely and efficiently extracted for onward processing without creating detrimental environmental impacts ?
f) History of “Off-shore Oil & Gas Exploration”.
g) Different types of “Off-shore Production facilities”.
h) Characteristics of Crude oil.
i) Oil & Gas Industry – Overall Block diagram.
j) Separation of Oil, Gas and Water.
k) Gas treatment and Export.
l) Oil treatment and Export.
m) Water treatment and disposal.
n) Pipeline transportation basics.
Know more about iFluids Engineering --> visit www.iFluids.com
1) The document discusses various types of offshore oil and gas production facilities including fixed platforms, tension leg platforms, semi-submersibles, and FPSOs.
2) It provides details on the key components and processes involved in offshore drilling and production such as wellheads, christmas trees, separation, compression, and storage.
3) FPSOs are described as floating facilities that perform processing of production fluids to separate oil, gas, and water and include storage tanks for offloading to tankers.
Oil shale is a sedimentary rock that contains kerogen, which can be heated to produce oil and gas. Mongolia has significant oil shale resources that could provide economic and energy security benefits. Developing oil shale involves technical, economic, environmental and political challenges. In-situ heating methods avoid surface impacts and produce high quality oil. Pilot projects in Mongolia have shown promising results for the quality and quantity of oil produced from local oil shales using in-situ methods. A pre-feasibility study estimated a commercial facility could produce 6,700 tons of oil products per day, creating thousands of jobs and increasing government revenues.
Oil shale is a sedimentary rock containing kerogen, which can be heated to produce oil and gas. It represents a large unconventional resource in Mongolia. There are two main extraction methods - surface retorting and in-situ heating underground. A pre-feasibility study found a commercial facility in Mongolia could produce 6,700 tons of oil products per day, creating thousands of jobs and increasing government revenues, but challenges include costs, regulations, and environmental and social impacts. Responsible development of Mongolia's oil shale could improve energy security and economic growth.
This document provides an overview of three major Canadian oil and gas companies: Suncor, Crescent Point, and Canadian Oil Sands. It discusses the Canadian oil and gas industry, including key statistics on crude oil and natural gas production, reserves, and common extraction technologies like oil sands processing and fracking. The document also analyzes factors that influence commodity prices and outlines components of the upstream, midstream, and downstream industry sectors.
The document provides guidance on accounting for costs incurred on oil and gas exploration, development and production activities. It discusses two methods - successful efforts and full cost - for accounting for acquisition, exploration and development costs. Under successful efforts, unsuccessful exploration costs are charged to expense while under full cost, even unsuccessful costs are capitalized. The document also provides guidance on accounting for other costs like support equipment, abandonment costs, impairment of assets and interests in joint ventures. Extensive disclosures around reserves and costs are also required to be made as per the guidance.
The document outlines the life cycle of oil and gas wells, including planning, drilling, completion, production, and abandonment phases. It describes the planning process including well classification and formation pressure considerations. Key aspects of drilling are discussed such as rig types, crews, casing, and use of drilling mud to remove cuttings from the wellbore.
2. • Introduction to Oil and Gas industry
consists of the following sections:
– 1. Oil formation and Historical perspective
– 2. Upstream & Downstream
– 3. Life cycle of oil field
3. Oil Formation
Oil was formed from the remains of animals and plants that lived
millions of years ago in a marine (water) environment before the
dinosaurs. Over the years, the remains were covered by layers of
mud. Heat and pressure from these layers helped the remains turn
into what we today call crude oil . The word "petroleum" means "rock
oil" or "oil from the earth."
4. Scientific definition:
Oil and Gas are called Hydrocarbons because they
are compound of atoms of hydrogen and carbon.
Methane (gas) – the simplest hydrocarbon
with one carbon atom and four hydrogen
atoms; is written as CH4.
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6. Historical Perspective
• The use of oil based products were recorded in the
earliest writing of man:
– Bitumen was used in the building of the tower of Babel
– Sumerians used it for paving the Hanging Gardens of Babylon
– In India, Burma pitch was used for buildings and as fuel for lamp
– In North America native Indians had been collecting oil for use
as a medicine
7. Modern oil history started in:
– 1848 the first well was drilled in Baku,
Azerbaijan at Bibi-Eybat place
– 1859 “Colonel” Drake successfully drilled the well
at a depth of 69 feet in Titusville, Pennsylvania.
– Around the same time, successful drilling
for oil was also taking place in Canada and Trinidad.
Oklahoma, 1930,
Wild Mary & Sudik
farm
Baku, 1890, oil wells in
Sabuntchi field
8. This slide shows some of the product that we use in our everyday life and
that are the result of refining process which is one of the main stages of the
Downstream phase
9. 2. Upstream and Downstream side of oil
industry
The oil industry is divided into two major sectors. The sectors are defined to
categorize the operations within each.
(1) Upstream: Exploration & Production or E&P. Involves
operations in searching for underground or underwater oil and gas fields
and drilling exploratory wells and at the same time, operating the
wells that recover to re-direct the crude oil or raw natural gas to the
surface.
10. Work, involved in both industry sectors, comprises not only of the oil field
jobs but also jobs within office environment.
Oil traders
(Downstream jobs)
Reservoir Engineers and Geoscientists
(Upstream jobs)
11. BP HQ Mayfair,
London Suncor Energy HQ,
Alberta, Canada
LukOil HQ, Moscow
Global Headquarters of Oil Companies
12. What is Downstream?
• (2) Downstream: Includes operations that processes
and stores, markets and transports crude oil, natural gas
liquids like ethane, butane and propane.
The downstream sector includes:
–all oils refineries and petrochemical plants,
–petroleum product distribution via the affiliated retail outlets
–and natural gas distribution companies, within the operations.
The downstream industry markets products such as petrol and
diesel and jet fuel, asphalt, lubricants, plastics fertilizers,
antifreeze and even pharmaceuticals and cosmetics.
13. Oil refineries are key to obtaining hydrocarbons. Oil in different parts of
the world contains different proportions of the various hydrocarbons.
There are refineries in many parts of the UK including Edinburgh,
Liverpool and Milford Haven. North Sea oil is relatively high in naphtha,
which is used for making plastics.
15. 3.Life cycle of processing of oil field consists
of 5 stages:
– Exploration
– Appraisal
– Development
– Production
– Abandonment
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17. • Exploration is about finding oil and gas fields. Main goal is to identify and
deliver commercially viable field development opportunities. The following
geological and geophysical (G&G) activities would take place:
– Conduct seismic surveys
– Process and interpret the seismic data and map the potential reservoir
– select exploration well locations
– drill and evaluate exploration well data:
– core analysis to establish porosity and permeability
– logging data to determine porosity, water and hydrocarbon saturation
– production test data to determine flow rates and maximum production
potential
– PVT to allow reservoir fluid analysis and ascertain oil/gas quality and
the shrinkage or expansion factor
– build a computer model of the reservoir and identify and where possible
remove major uncertainties by further data analysis, seismic reprocessing etc
18. Exploration phase of life cycle closely intertwines with the next stage of
processing which is Appraisal. The objective of Appraisal is to obtain
information about the reservoir in order to make a decision whether or not to
proceed with development of the field. This stage comprises of the following
activities:
– planning and execution of a data acquisition programme of additional
seismic,
– reprocessing existing seismic data to obtain enhanced results and the
drilling of
– appraisal wells
– evaluation of the results from the seismic and appraisal drilling activities
– using the information from the seismic and drilling programmes to update
the computer reservoir simulation models
– conduct initial conceptual field development planning and an environmental
impact assessment (EIA) study of these conceptual plans
19. Development stage
The initial phase of field development planning could involve the
assessment of more than one development option. Four components
of a development plan can be used to describe each option:
1. Reservoir: number, location, type of wells; assessment of oil
recovery mechanism; assessment of production over the
development stage
2. Wells: the design of wells to meet production requirements
3. Facilities: process facilities, infrastructure, terminal/export facilities
4. Operating and Maintenance strategies: manning level, daily
production level, support requirements, for ex. helicopters, supply
vessels
20. Production phase is targeted at bringing the well fluids to the
surface and preparing them for use in refinery or processing plant. All
production and maintenance activities would be carried out to meet
strict safety and environmental policies and procedures. The main
activities consist of the following:
– regulate production and injection to meet approved plans for the
quantity and quality of product.
– monitor and record all information to manage the reservoir, wells and
facilities.
– This could lead to further reservoir development or modifications to the
facilities
– plan and schedule all production and maintenance activities to minimise
production deferment and operating costs
– carry out maintenance to safeguard the technical integrity of all wells
and facilities and ensure their availability over the life of the field.
24. Decommissioning/Abandonment phase
The end of the life of the field is when it is no longer economic for the
operator to continue production, i.e. when the operating costs exceed the
revenue from the sale of production. It is common around the world that
operator might abandon the field prior to its depletion as a result of sale to
other interested party. Such acquisition takes place between the super
major operating company and independent oil company when production
declines to the level not commercially attractive to the super-major.
It is becoming increasingly common around the world that offshore facilities
must be dismantled and removed and the site restored to its original
condition. The major activities during the decommissioning phase are:
– plug and abandon wells by putting cement plugs into the wells at
various depths and remove the well-head and casing to a depth of
about 2 metres below the surface or seabed
– dismantle and remove the jacket and all facilities from the site,
ensuring that there is no contamination of the environment from
any oil or waste material remaining in the process facilities
– restore the site to its original condition
– conduct a final environmental impact study
25. APPENDIX
Complementary slides to enhance general overview about oil and gas industry
http://www.eia.doe.gov/energy_in_brief/world_oil_market.cfm#
28. Floating Production Storage and Offloading Vessel is a floating vessel used by
the offshore industry for the processing and storage of oil and gas.
The FPSO vessel is designed to receive oil or gas produced from nearby
platforms or templates, process it, and store it until the oil or gas can be offloaded
onto a tanker or transported through a pipeline.