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Oil and Gas Industry Primer

Developed for individuals with an interest in the oil and gas industry and intended to help accountants, lawyers and others to better understand the Petroleum business. This Oil and Gas primer provides an overview of Petroleum history, geology, and upstream operations and their associated terminology. It aims at introducing fundamental concepts and data that help understand Oil & Gas Exploration and Production (E&P) holistically and provide a common conceptual framework for individuals new to the industry or wanting to expand or build on their current Petroleum knowledge.

Oil and Gas Industry Primer

Description

Course Content

This course covers the following topics:

  • History of Oil and Gas
    • Early Drilling
    • Technology
    • OPEC & International
  • Modern Hydrocarbon Extraction Industry Organization
    • Types of Upstream Oil & Gas Companies
  • Upstream, Midstream, and Downstream Companies and Product Users
    • Functions
    • Operations
    • Processes
    • Users
  • Geology
    • Rock Properties
    • Hydrocarbons
    • Rocks and Hydrocarbons
  • Petroleum Formation
    • Reservoir Traps
    • Oil & Gas Fields
  • Securing the Minerals
    • What is a Landman?
    • Minerals & Ownership
    • History of Landman & Leasing
    • Terminology
  • Land Departments
    • Landman Responsibilities
    • Division Orders
    • Lease Analysts
    • Your Relationship
  • Joint Ventures
    • Reasons for Joint Ventures
    • Joint Interest Billing
    • Audits

Learning Objectives

Upon completion of this course, you will be able to:

  1. Summarize the history of oil and gas exploration
  2. Describe the function and process of Petroleum companies
  3. Recall different types of Petroleum products and product users
  4. Distinguish how Landmen broker leases and land purchases
  5. Summarize and breakdown the drilling process and operations
  6. Differentiate and discuss how wells are completed
  7. Differentiate between the various production activities
  8. Construct and explain the transportation and sales processes

This in-person course is currently unavailable. Please check out our Introduction to the Petroleum Industry webinar series.

COPAS POLICIES: Complaints | Cancellation & Refund Policy

Additional information

Date / Location

August 17th & 18th in Houston, TX

Testimonials

Networking is so important. It will help with your job and career, and you will gain knowledge you can’t get sitting at a desk. The people in COPAS have mentored me, answered questions for me, and genuinely cared about me and my family.

Melissa Gruenewald
Rating: 5

COPAS has great learning opportunities, leadership opportunities, and ways to develop relationships with other accountants and oil and gas professionals. You will work hard when you get involved, but the experiences, people and benefits will be worth it.

Melissa Gruenewald
Rating: 5

For anyone searching for energy knowledge, professional industry contacts, peers with whom to discuss similar dilemmas, and access to energy experts—COPAS is the place to be!

Carolyn Sczepanski
Rating: 5
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OUR MISSION

COPAS provides expertise for the oil and gas industry through the development of Model Form Accounting Procedures, publications, and education. We are a forum for the active exchange of ideas which result in innovative business and accounting solutions.

COPAS

P.O. Box 21272
Wichita, KS 67208
Tel: 303-300-1131

Contact Us →

CONNECT WITH US

OUR MISSION

COPAS provides expertise for the oil and gas industry through the development of Model Form Accounting Procedures, publications, and education. We are a forum for the active exchange of ideas which result in innovative business and accounting solutions.

COPAS

P.O. Box 21272
Wichita, KS 67208
Tel: 303-300-1131

Contact Us →

CONNECT WITH US

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