Enhanced oil recovery (EOR), a stage of hydrocarbon production that involves use of sophisticated techniques to recover more oil than would be possible by utilizing only primary production or waterflooding. EOR encompasses a range of techniques used to restore formation pressure and improve hydrocarbon displacement or fluid flow in the reservoir. EOR helps to maximize the oil reserves recovered, extend the life of fields, and increase the recovery factor. It is an important tool for firms helping to maintain production and increasing the returns on older investments.
Course Objectives:
At the end of this course, delegates will be able to:
- Assess the economic performance of an oil well, including; operating profitability, break-even price, working interest and tax allocations
- Classify and describe the costs and factors associated with the production of an oil field. With focus on primary, secondary and tertiary recovery methods
- Describe the nature of relationships, incentives, and potential conflicts among various stakeholders along the oil and gas supply chain
Who Should Attend?
- Anyone interested in understanding the basics of the oil and gas industry.
- Energy risk professional (GARP) candidates
- Energy market professionals
- Financial analysts
- Career changers
- Students
Delivery method: Audio-visual aids, case studies, power-point presentations, relevant and thought-provoking exercises, Practical demonstrations and facilitated discussions.
Venue: Dubai
Fee:
Duration: 1 week
Course Date: July 10th – 14th, 2023
- Lectures 0
- Quizzes 0
- Duration 100 hours
- Skill level All levels
- Language English
- Students 0
- Assessments Yes
