Course Description
Upstream Oil & Gas is the original “Oil & Gas 101” course.
Fossil-based fuels run 21st century economies. Though science has made great progress in developing renewable forms of energy, oil & gas will drive the global economy for the foreseeable future. Hydrocarbons are readily available and recoverable because of ongoing technological innovations. In fact, in May 2024, a Russian exploration team announced a find in Antarctica that appears larger than all the proved reserves of Saudi Arabia. Global peak oil supply, a major concern earlier this century, is no longer a critical issue, taking a backseat to the processes involved in producing and utilizing hydrocarbons safely with as little effect on the environment as possible.
The Oak Leaf Energy Training Upstream Oil & Gas course focuses on hydrocarbon production, which continues throughout Canada’s oil producing areas. This includes exploration, drilling, well completion & continued operation of oil & gas extraction facilities. We consider processes & technologies, players & plays, costs & profits, risks & rewards involved in exploration & production (E&P). The course examines specifically conventional & unconventional upstream oil & gas in North America. However, we also consider the global context. Canada is set to contribute more to global oil supply growth than any other nation in 2024, according to analysts at TD Economics, but how long will the trend continue? We draw some conclusions on the future of hydrocarbon production based on supply/demand, technological advances, economically available reserves, policy (including net-zero), geopolitics and other considerations.
Bruce Peachey is your instructor, an expert with forty-five years’ experience in the Canadian upstream. Bruce possesses exceptional engineering and R&D expertise, but he has also worked in the classroom for years, teaching upstream fundamentals to university students & Oak Leaf clients. Bruce is friendly, approachable, enjoys interacting with class participants & welcomes both questions & debate. After two days with Bruce, you will significantly increase your knowledge of the upstream sector. And this can only result in added value to your organization & your role.
Can’t attend Upstream Oil & Gas in person? Participate ONLINE! Oak Leaf has invested in state-of-the-art camera technology to enable a seamless in-class/online learning experience.
Key Details
This course is offered in conjunction with
TBD, Q1, 2025
8 a.m. Mountain (10 a.m. Eastern) start
Early bird registration deadline: TBD
Calgary & ONLINE
Instructor — Bruce Peachey
Calgary Venue address: PTAC
4th floor, 500 5 Ave. SW
Venue: $1795 Venue Early bird: $1695
Online: $1695 Online Early bird: $1595
Course Level: Beginner/Introductory
Personal Development Hours (PDH): 16
Coffee, snacks, lunch & refreshments served both days
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