The Ultimate Oil & Gas Economics Course
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The Ultimate Oil & Gas Economics Course

Upstream, Midstream, Downstream
0.0 (0 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
7 students enrolled
Created by Hamam Awad
Last updated 9/2017
English
Current price: $10 Original price: $70 Discount: 86% off
5 hours left at this price!
30-Day Money-Back Guarantee
Includes:
  • 5.5 hours on-demand video
  • 8 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Understand Economic Parameters.
  • Understand the whole process relating oil & gas segments (Upstream, Midstream, Downstream).
  • Understand the hydrocarbon composition, quality standards, economic value.
  • Identify Oil & Gas companies and organizations.
  • Identify marketing & pricing of crude oil/ end products.
  • Conduct an Upstream feasibility study.
  • Prepare sensitivity/risk analysis reports.
  • Identify the Midstream segment and its various constituents.
  • Understand selectin/design criterial for Midstream surface facilities.
  • Identify Downstream processes and steps.
  • Understand break-even analysis and its uses.
  • Conduct a Downstream feasibility study.
View Curriculum
Requirements
  • Suitable for Everyone
Description

This course provides Science, Engineering, and Business students with the main academic principles, and practical aspects to properly extend their comprehension and understanding. This course is a combination of  academical and technical work experience provided by VISION organization.

First, the course gives an introduction on various definitions and tasks used in Petroleum Economics including the definition of a project, feasibility study, types of projects, how to perform a feasibility study.

The introduction also illustrates how to determine crude oil/ end products prices, marketing, oil & gas companies.

The second portion of the course discusses Upstream projects and how to conduct a feasibility study using different economic parameters. 

While the third portion introduces midstream economics involving the process in midstream, identifying processing units, design and selection criteria for surface facilities.

The last portion of the course is downstream economics, it gives a detailed explanation about the process steps in the downstream segment, also discusses refinery plants, how they operate and how to make a downstream feasibility study.

Who is the target audience?
  • Managers
  • Economists
  • Petroleum Engineers
  • Chemical Engineers
  • Mechanical Engineers
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Curriculum For This Course
24 Lectures
05:32:46
+
Course Outline
1 Lecture 03:58
+
Introduction
6 Lectures 01:22:53



Laws of Supply & Demand
13:17

The Whole Process
19:07

Hydrocarbon Composition & Economic Value
20:39
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Upstream Economics
8 Lectures 02:08:33
Basics of Upstream Economics
20:41

Tax & Depreciation
15:24

Cumlative & Net Cash Flow
16:12

Feasiblity Report Economic Parameters
06:55

Upstream Project Ecnomic Results
22:29

Sensitiviy Analysis
14:02

Risk Management
19:35

Optimal Number of Wells & Well Spacing
13:15
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Midstream Economics
4 Lectures 40:20
Basics of Midstream Economics
16:28

Crude Oil Processing Units
09:15

Pipelines & Pumps Cost Analysis
08:19

Capacity & Number of Storage Tanks
06:18
+
Downstream Economics
5 Lectures 01:17:02
Basics of Downstream Economics
12:38

Break-Even Analysis I
16:41

Break-Even Analysis II
16:56

Refinery Cost Analysis
12:49

Feasibilty Study I
17:58
About the Instructor
Hamam Awad
4.3 Average rating
10 Reviews
74 Students
3 Courses
Engineer & Author

Teaching Assistant in the University of Benghazi with 5 years experience as a teacher and as an author of different subjects that include:

1-Basics of Applied Reservoir Engineering

2-Fluid Flow in Porous Media

3-Advanced Reservoir Engineering

4-Numerical Reservoir Simulation I


3 years experience working in VISION organization in research & development center, also in reservoir simulation and management.