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, Q3, 2024

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


Upstream Oil & Gas Course Outline

  1. Introduction
  2. Resource Ownership
  3. Exploration
  4. Drilling
  5. Hydrocarbon Formation Evaluation
  6. Well Completions
  7. Determining Reservoir Potential
  8. Production
  9. Surface Facilities
  10. Transportation away from the Wellhead
  11. World Petroleum
  12. Recent Canadian Upstream Hydrocarbon Developments
  13. Hydrocarbon Production over the Near, Medium, and Long Term.

Key Learning Objectives

  • Understand general hydrocarbon concepts, including how they are formed, where they are found & how they are measured
  • Learn about exploration, including resource ownership, capital spending, reservoir analysis & land acquisition
  • Cover onshore & offshore drilling technologies, processes & methods —for oil sands, heavy oil, light oil & natural gas
  • Grasp well completion & extraction methods
  • Consider reserves changes over time & costs of new development
  • Discuss socioeconomic, environmental, geopolitical, and other issues affecting Canada’s upstream oil & gas industry

Upstream Oil & Gas Course Support Materials & Assessment

Who Should Attend the Course?

  • People new to Upstream Oil & Gas
  • OIl & Gas Regulators
  • Government Agencies
  • Upstream Energy Companies
  • Investors
  • Downstream operators, like refiners, that receive product from Upstream
  • Consulting Groups
  • Business Analysts
  • Energy Analysts
  • Financial Planners
  • Land Surveyors
  • Advisors
  • Policy Analysts
  • Energy Lawyers

Course Testimonials

“A lot of very good information covering all topics. Very knowledgeable instructor – best part of the course. It was great learning the background information, I’m well versed of the finance side and now I have the operational understanding too.
Fraser Analyst
“Mr. Alan was a great teacher. He was very good explaining all the details and answered every question. It seemed like he knew everything. In all I was very impressed. Thank You!”
Dustin Entry Level Manager
“Enjoyed the instructor. Very knowledgeable; great group interaction.”
Olga Oil & Gas Associate
“Perfect for my level and what I hoped to get from the course.”
Tamra Corporate Banking Associate



Oak Leaf Energy Training offers oil & gas training courses and electricity & renewable energy courses throughout North America, the world, and online.