This course is designed to provide information about an entity’s investing and financing activities during the accounting period, as well as show how much cash was generated by the period’s operations. The course will familiarize the participants with relevant financial information to make decisions
Our Upcoming Trainings
Mon, Apr 14
|Indonesia
Fundamental of Oil & Gas Industry in Indonesia: Conceptual, Practice & Site Visits
This course is aimed at non-technical and technical people who are new to the oil & gas industry with little or no knowledge of the industry particularly in the Indonesian context.
Time & Location
Apr 14, 2025, 7:00 PM – Apr 17, 2025, 11:00 PM
Indonesia
About The Training
OVERVIEW
The oil & gas industry is becoming a more critical component of the world economy. As the industry transforms itself from one of a few players in the world to many participants who rely on oil and gas production for the economics of their very existence, the world depends on oil and gas for its everyday life.
This course is aimed at non-technical and technical people who are new to the oil & gas industry with little or no knowledge of the industry particularly in the Indonesian context. It is geared toward providing an understanding of how the industry works from exploration to commercialization and introducing oil and gas operations and economics to the delegates in attendance.
This program will discuss technical material in a non-technical manner, introduces the language, tools, and techniques used by geologists and geophysicist in oil and gas exploration; and provides non-engineers a fundamental understanding of the practical aspects of petroleum exploration, drilling & production including basic principles and applications.
OBJECTIVES
By the end of this training course, participants will be able to:
- Have a good understanding of the petroleum industry, particularly in Indonesia.
- Understand the exploration/production process in the Oil & Gas Industry in Indonesia.
- Understanding and applying petroleum engineering and operation terminology aim to build better and more effective communications between non-technical people and the engineers and geologists they work with.
- Be familiar with the terminology associated with procedures and practices to establish excellent communication between non-technical people with and the engineers and geologists they work with.
- Understand all aspects of petroleum engineering and operation are carried out ranging from the origin of oil, petroleum exploration, drilling, hydrocarbon, and productions to marketing.
TARGET PARTICIPANTS
- New starters in the industry
- Lawyers involved in the oil & gas industry
- Investment managers involved in the oil & gas industry
- Bankers involved in the oil & gas industry
- Accountants involved in the oil & gas industry
COURSE CONTENTS
1. Overview And Introduction
- Oil industry overview – a look back and a look forward
- Geographical look at oil and gas reserves and the worldwide demand; current trends in the industry
- The oil and gas value chain – upstream, midstream, and downstream – and the role each plays
- The Philosophy of exploration, drilling and production/ development
2. Petroleum Geology - The Origins of Hydrocarbons
- Geological background
- The dynamic Earth: moving continents through space and time
- Rocks and minerals; The building blocks; Sedimentary basins
- Site of oil and gas accumulations Petroleum
3. Production Sharing Contract In Indonesia
- Term
- Exclusion of Areas
- Work Programs and Expenditures
- Rights and Obligations of the Parties
- Domestic Market Obligation (DMO)
- Recovery of Operating Costs and Handling of Production
- First Tranche Petroleum (FTP)
4. Reservoir Engineering
- Where is the oil found?
- Subsurface formation structure
- Types of oil/gas reservoirs
- Seismic surveys
- Material Balance for Various Reservoir Types
- Key Geologic Data
5. Basic Drilling Engineering
- Drilling history, parts and types of drilling rigs, types of wells.
- Drilling process: Drilling formations, running casing, cementing, etc.
- Drilling rigs Equipment and processes involved in drilling a well
- Completing a well and preparing it for production
- Horizontal drilling
- Well workover operations
6. Field Development
- Onshore/offshore developments
- Shallow/deep water developments
- Gas field developments
- Aspects of well and facilities design
7. Petroleum Production and Treatment
- Reservoir production mechanisms
- Artificial lift systems Well stimulation - fracturing, acidising, and sand control
- Production and treatment of reservoir fluids
- Processing the production from oil and gas fields
8. Maintenance and Logistics
- Well and facility maintenance
- Corrosion and how it is controlled
- Transportation of personnel and materials
9. Marketing
- Oil & gas transporting facilities
- Gas projects in Indonesia Natuna Sea, Sumatra, and Papua
10. Discussion & Closing
- Learning Reflection; Evaluation
- Closing
