The original “Oil & Gas 101” course.
Fossil-based fuels are central to the running of modern economies throughout the world and will continue to be a dominant energy source well into the future. There is plenty of oil and gas available and recoverable thanks to recent technological innovations. With increasing supply security has come reduced price volatility: oil prices have settled in a range between $50 and $70 while natural gas prices remain around the $2 to $3 mark. What has changed, though, has been the relationship between the two prices, with the ratio of oil prices to gas prices at around 25:1 — as opposed to the historical 6:1 relationship. Why has this happened? What does this mean? This is just one of many contemporary oil and gas issues to be examined in the course.
This seminar presents the fundamentals of the upstream sector — the processes and technologies, and the risks and economics of the business. At the end of this two-day seminar, you will gain a better understanding of the hydrocarbon resource potential, the activities undertaken by the petroleum industry to explore for and produce oil & gas, and the various factors that determine fossil fuel prices. The big picture will come into sharper focus.
Dates: TBD in 2019
Price: $1495 + GST
Early-bird Pricing (Registered a month in advance): $1395 + GST
Course Level: Intermediate
Catering Included: Yes