A holistic overview of shale gas

Address Key Issues

Production, enablers, challenges and price

Gain A Full Understanding

Understand the impact that shale has had on the oil and gas industry

Key Takeaways

Gain knowledge to enable you to be able to expand shale operations into other parts of the globe

Obtain a general understanding of the petroleum industry

Gain a basic understanding of the shale oil and gas industry. Participants will be able to distinguish the characteristics that makes shale oil and gas different from other more conventional oil and gas developments. In particular, the characteristics that allowed shale oil and gas to be successful in the United States and Canada will be explained and a brief overview of some of the other shale basins in the world will be identified.

IN JUST 2 DAYS YOU WILL:

  • Become familiar with what shale oil and gas is
  • Understand where shale oil and gas exploration has been undertaken
  • Understand the key differences in production between shale oil and gas and conventional oil and gas
  • Become familiar with the key enablers of shale oil and gas developments
  • Understand the key challenges facing shale oil and gas developments
  • Understand how low prices effect shale oil and gas differently than conventional oil and gas

MEET YOUR TRAINER

Our expert has a unique background in the oil and gas industry that includes academic, consulting, and practical experience. He has several years of experience teaching petroleum economics across American Universities. His experience includes 15 years as the Chief Energy Economist for the American Government advising the world’s 8th largest oil and gas producing region on the business of oil and gas. While in government, he was responsible for educating and training staff on oil and gas basics as well as heading the analytical teams. He has a background in designing oil and gas taxation systems, regulations, pipelines petrochemicals, and advising on multi-billion dollar investments. He has spoken to international audiences as an expert on oil and gas economics and other topics related to oil and gas.

Organisations that will benefit:

  • C-Level Executives
  • Engineers
  • Procurement Managers, Finance Executives, Corporate Services Executives
  • ERM (Enterprise Risk Management) Professionals
  • Corporate Planning Professionals
  • Sales and Marketing Professionals
  • Economists and Analysts
  • Lawyers and Legal Professionals
  • Human Resources
  • Facility and Operations Managers

Who will attend:

  • Oil and Gas Organisations
  • Organisations who interact with the Oil and Gas Industry

COURSE AGENDA

Day 1: Introduction, Reservoirs, Economics ⇓

Introduction and Overview

  • Types of petroleum
  • How is oil and gas formed and its origins
  • Rock & Fluid Properties
  • Types of drilling and simulation/fracking
  • Production facilities, transportation and processing
  • Resource pyramid
  • Characteristics that make a resource unconventional
  • Key terms and concepts
  • Case Study: Examining the key differences between conventional and unconventional oil and gas

Shale Reservoirs

  • What is shale
  • Organic content
  • Key characteristics as a source rock and as a reservoir rock
  • Well completion and fracking
  • Types of fracking
  • Typical shale well production profiles and field developments

Economic Evaluations 101

  • Project lifecycle
  • Key inputs: production, prices and expenses
  • Cashflow analysis, discounting and present value
  • Common Economic indicators and evaluation techniques
  • Defining risk, sensitivity analysis, and calculating EMV and ENPV
  • Incremental investment analysis
  • Comparing projects

Day 2: Economics of Development and Issues ⇓

Economics of Shale Development

  • Project lifecycle single well project versus multi-well project
  • Defining revenue and operating expenses
  • Capital expenditures
  • Forecasting production, prices and expenses
  • How shale developments can respond to price
  • Case Study: Shale well in the Permian vs the Montney
  • Case Study: Shale Gas project in Argentina

Issues Related to Shale Development

  • Well completions and operations and impact on methane emissions and global warming
  • Fracking bans
  • Hydraulic fracking and water availability
  • Hydraulic fracking and groundwater contamination
  • Hydraulic fracking and seismic events (i.e., earthquakes)
  • IEA Golden Rules
  • Key considerations that make a shale project work
  • Case Study: FracFocus

For further information please call: +44 (0)1372 308547

or click on the brochure tab below

BROCHURE

IN-HOUSE

If you have a team of three or more, our experts can come to you!

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