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, it appears.  In fact, a few years ago, industry experts predicted oil would never again reach $100/barrel. But as recently as March 2022, crude prices spiked over $100, remaining high over the summer.  Gasoline jumped to more than $2/litre in many parts of Canada, and natural gas prices spiked, too.  This indicates lack of hydrocarbon supply with either steady or rising demand (doesn’t it?).  So, is there ample hydrocarbon supply or is it dwindling?  Are there other factors besides supply & demand involved in the price fluctuations?  Could more shocks be on their way?

The Oak Leaf Energy Training Upstream Oil & Gas course focuses on hydrocarbon production.  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 analyze the global context.

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

March 25-26, 2024
8 a.m. Mountain (10 a.m. Eastern) start
Early bird registration deadline: March 15
Calgary & ONLINE
Instructor — TBA
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. Petroleum and Civilization
  3. Resource Ownership in different jurisdictions
  4. Exploration for oil & gas
  5. Drilling for oil & gas
  6. Hydrocarbon Formation Evaluation
  7. Oil & Gas Well Completions
  8. Determining Reservoir Potential
  9. Oil & Gas Production
  10. Surface Facilities
  11. Transportation by land and by sea
  12. World Petroleum

Key Learning Objectives

  • Understand general concepts about hydrocarbons, including formation and unique characteristics
  • Discover land acquisition methods, regulations, and technical information required for successful exploration
  • Cover onshore and offshore drilling technologies, processes, and methods, including horizontal drilling and hydraulic fracturing (also known as “fracking”)
  • Grasp well completion and hydrocarbon production
  • Consider implications of reserves changes over time and costs associated with new development
  • Discuss socioeconomic, environmental, and other effects of an active 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, such as refiners, that receive product from the 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.