Oil and Gas Industry Operations and Market

This is a very crisp, composed but very informative, designed and depicted course. Several intricacies of the oil and gas industry and economics have been accurately and clearly corresponded. Another great course by Duke University on Coursera! Click here to read the notes. Click here to read my final peer-graded assignment.

I.  Introduction

    A. Exploration

        - Oil and gas sources

        - Hydrocarbon system

        - What makes a good reservoir rock

        - Exploration tools and methods

        - Acquiring mineral rights

        - The drilling process

    B. Production

        - Prospects to play

        - Production over time

        - Enhanced oil and gas recovery

    C. Process and refining

        - Processing Natural Gas

        - Crude Oil Distillation

        - Additional refining process

    D. Transport

        - Oil Midstream

        - Natural Gas Midstream

        - Liquefied Natural Gas

II. Oil and Gas Markets

    A. Cost of Oil and Gas

        - Cost components

        - Well drilling and production costs

        - Well costs and revenue sharing

        - Well cash flow

        - Transport, processing and sales cost

    B. Price of Oil and Gas

        - Benchmark cost

        - Supply, demand and price elasticity

        - Seasonal impacts on Oil and Gas prices

        - Short term constraints on prices

        - Types of prices

    C. Future of Oil and Gas

        - Origin oil and gas in place

        - Resources vs reserves

        - Access to conventional reserves

        - Additional types of Unconventional reserves

Some references to study Shale Oils:

1. Oil Shale | National Geographic Society

2. Difference Between Shale oil and Crude oil | Compare the Difference Between Similar Terms

3. What's the Difference Between Crude Oil and Shale Oil? » Science ABC