Oilfields 101

February 5, 2025 | Online :: Central Time

0225-oilfields-101

“Great course. Broad understanding of the oilfield.” – Senior Civil Engineering Manager, Antero Resources

“Pete did a great job of explaining the fundamentals of oil and gas in a vocabulary for non-technical people.” – Discovery Natural Resources

“Pete was a great speaker and made the course engaging and enjoyable. As someone who is new to the oil and gas industry, it was incredibly helpful to learn from an industry expert.” – Antero Resources

The Oilfields 101 course will provide both new hires and those needing a refresher with a fundamental, well-rounded understanding of oilfields and all their moving parts. Beginning with a comprehensive overview of oilfield history and essentials (terms, composition, important organizations, etc.) and building up to the oil industry’s current challenges and its future, this course is a deep dive into the ins and outs of the industry:

• Geology
• Drilling wells
• Completions
• Market value chain
• Storage
• Importing and exporting
• Oilfield tools
• Environmental regulations
• And everything in-between

Attendees will leave the program feeling more confident and comfortable when it comes to deeper conversations about oilfield reservoirs, production, midstream activities, decommissioning, and more. Special discounts apply if you bring your team, so register today!

Learning Outcomes

• Review oilfield fundamentals and history, including composition, refined oil products, types of oils, regulations, and planning
• Examine the role of reservoir engineers and geologists in terms of technical and leadership expectations in economics, analysis, evaluation, and more
• Discuss drilling wells and how the mechanical process is performed
• Discover how oil is produced from a reservoir and discuss the testing, acidizing, drilling, and fracking processes
• Analyze the oil market value chain and how it plays into US, Canada, and Global markets
• Identify the different types of crude oil storage and midstream activities when it comes to locations, above vs. below ground, operations, and environmental reviews
• Realize today’s challenges and how oilfields fit into discussions on climate change, environmental regulations and reforms, and decarbonization

 

Wednesday, February 5, 2025 : Central Time

 

Oilfield Fundamentals

• Oil Composition
• Oil, Wet Natural Gas, and Dry Natural Gas
• Distinguishing Upstream, Midstream, and Downstream
• LPGs – Liquid Petroleum Gases
• NGLs – Natural Gas Liquids
• Refined Oil Products – Gasoline, Diesel, Jet Fuel, etc.
• Types of Organizations Involved in the Oilfield
• Various Types of Oils
• Benefits, Global Market, and Terminology
• Measurements and Conversions

Oil Industry History & Overview

• Spindle Top
• 1800’s – Standard Oil – Breakup to the Current Oil Giants
• OPEC
• Oil Tankers
• US Importing and Exporting
• US and Global Regulations
• Recognizing Surface Facilities and Subsurface (Downhole) Activities
• Schedules and the Planning Processes Used in the Industry

Oil Reservoirs and Geology

• Role of Reservoir Engineers and Geologist: Both Technical and Leadership
• Economics, Planning, CAPEX, and OPEX
• Determining Where to Drill, Infill Spacing, Injection, and Similar Activities
• Logging, Reservoir Evaluation, Correlation, and Log Analysis
• What Data Do We Get from Logs and What Is It Used for?
• 3D Models and New Technology
• Reserves Estimation and Secondary Recovery
• Why Do We Need It and What Does It Entail?

Drilling Wells

• How is the Mechanical Process Performed?
• Circulation and Drilling Mud
• Casing and Cement – What Are They Used For?
• What is an Annulus, Fluidity, and Isolation?
• Data Acquisition and Deciphering Reports
• How and Why Do They Drill Horizontal Laterals?

Completions

• What is a “Completion”?
• Types of Completions
• Perforated or Cased?
• Fractured, Slotted Liners, and Gravel Pack
• Oilfield Tools: Hammers and Wrenches
• Packers and Bridge Plugs
• Sleeves and Frac Ports

Production

• How is Oil Produced from a Reservoir?
• Operations Examples
• Oil Well Testing and Pulling Wells
• Mechanical and Operation Reliability and Failures
• Acidizing
• Waterflood, Steam, and Carbon Dioxide Injection
• Artificial Lift and Why It Is Needed
• Types of Pumping Units
• Long Stroke and Traditional Units
• Rods, Balls, and Seats
• Plunger Lift and Gas Lift
• Submersible Electric Pumps
• Drilling Technology
• Hydraulic Fracking

The Oil Market Value Chain Overview

• The Oil Industry Value Chain
• Major Oil Plays in US, Canada, and Global
• Oil Wells and the Different Types of Standards of Oil
• LPGs and Their Importance
• Conventional and Unconventional Drilling
• Costs of Drilling and Fracking

Decommissioning

• What is a “Completion”?
• Plugging and Abandonment
• Well Summary and Well History Reports
• Squeeze Cementing Reports

Crude Oil Storage and Midstream Activities

• Different Types of Storage and Location
• Above Ground and Below Ground
• Operations and Storage Development
• Oil Gathering, Transportation, and Refining
• US Oil Reserve
• Regulatory Issues
• Pipeline Planning, Shippers, and Construction Costs
• Environmental Reviews of Oil Pipelines and Federal & State Regulators

Oil Industry Challenges Today

• Climate Change
• Presidential Election and Ban on Drilling in Federal Lands
• FERC’s 1999 Pipeline Policy Statement
• Landowner Opposition and Eminent Domain
• Opposition by the States and Environmental Groups
• Keep It In the Ground and the Green New Deal
• Environmental Regulation and Reforms
• Decarbonization

Pete Berzins, Independent Energy Consultant and Advisor 

Pete Berzins has broad experience in various sectors of the energy Industry. This includes project management and design from preliminary engineering report (PER) preparation to design of meter stations, compressor facilities, processing plants, separation units, pipelines containing natural gas or liquid petroleum products, HDDs, underground utilities, and drilling pad equipment. Mr. Berzins has also performed specification preparation, subcontractor oversight, utility coordination, inspections, and construction oversight/support.

Prior to his time as an Independent Energy Consultant, Mr. Berzins worked as the Senior Director of Oil & Gas at WGA and TTL. He received a BS in Mechanical Engineering from the Georgia Institute of Technology and an MBA in Finance and International Business from the University of Houston.

We will be using Microsoft Teams to facilitate your participation in the upcoming event. You do not need to have an existing Teams account in order to participate in the broadcast – the course will play in your browser and you will have the option of using a microphone to speak with the room and ask questions, or type any questions in via the chat window and our on-site representative will relay your question to the instructor.

• Microsoft recommends downloading and installing the Teams app if possible. You may also use the Edge browser or Chrome.
• You will receive a separate email with a unique link to a personalized landing page which will include links to join all sessions of this event.
• If you are using a microphone, please ensure that it is muted until such time as you need to ask a question.
• The remote meeting connection will be open approximately 30 minutes before the start of the course. We encourage you to connect as early as possible in case you experience any unforeseen problems.

Please Note: This event is being conducted entirely online. All attendees will connect and attend from their computer, one connection per purchase. For details please see our FAQ

If you are unable to attend at the scheduled date and time, we make recordings available to all attendees for 7 days after the event

REGISTER NOW FOR THIS EVENT:

Oilfields 101

February 5, 2025 | Online

Your registration may be transferred to a member of your organization up to 24 hours in advance of the event. Cancellations must be received on or before January 03, 2025 in order to be refunded and will be subject to a US $195.00 processing fee per registrant. No refunds will be made after this date. Cancellations received after this date will create a credit of the tuition (less processing fee) good toward any other EUCI event. This credit will be good for six months from the cancellation date. In the event of non-attendance, all registration fees will be forfeited. In case of conference cancellation, EUCIs liability is limited to refund of the event registration fee only. For more information regarding administrative policies, such as complaints and refunds, please contact our offices at 303-770-8800

Credits

EUCI is accredited by the International Accreditors for Continuing Education and Training (IACET) and offers IACET CEUs for its learning events that comply with the ANSI/IACET Continuing Education and Training Standard. IACET is recognized internationally as a standard development organization and accrediting body that promotes quality of continuing education and training.

EUCI is authorized by IACET to offer 0.7 CEUs for this event.

Verify our IACET accreditation

Who recognizes IACET Credits?

Requirements for Successful Completion of Program 

Participants must log in and be in attendance for the entirety of the course to be eligible for continuing education credit. 

Instructional Methods

PowerPoint presentations, group discussions, and active participation.

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Upon successful completion of this event, program participants interested in receiving CPE credits will receive a certificate of completion.

Course CPE Credits: 8.5
There is no prerequisite for this Course.
Program field of study: Specialized Knowledge
Program Level: Basic
Delivery Method: Group Internet Based
Advanced Preparation: None

EUCI is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org

 

Who Should Attend

New Oil Industry Employees, Energy Industry professionals, and Gas Industry professionals wanting to learn more about the oil industry