- Level Foundation
- Duration 8 hours
- Course by Duke University
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Offered by
About
The oil and gas industry has an enormous impact on all aspects of daily life. Individuals, corporations, and national governments make financial and policy decisions based on the cost, use, and availability of these two natural resources. This two-week course looks at the two most fundamental aspects of the oil and gas industry, its operations and markets, each of which is addressed as a separate module in the course. In the operations module, the course provides an overview of the production of oil and gas, from initial exploration to final transport. The second module focuses on the forces that drive the industry's operations, the oil and gas markets, including the cost of wells, seasonal impacts on prices, and the role of oil reserves. After every lesson, learners will take short quizzes to test their newly acquired knowledge, participant in crowd-sourced discussions about global markets, and complete a final project.Modules
Course Introduction
1
Videos
- Oil and Gas Industry Overview
Exploration
1
Assignment
- Oil and Gas Exploration
6
Videos
- Oil and Gas Sources
- The Hydrocarbon System
- What Makes for a Good Reservoir Rock
- Exploration Tools and Methods
- Aquiring Mineral Rights
- The Drilling Process
Production
1
Assignment
- Production
3
Videos
- Prospect to Play
- Production Over Time
- Enhanced Oil and Gas Production
Processing and Refining
1
Assignment
- Processing and Refining
3
Videos
- Processing Natural Gas
- Crude Oil Distilation
- Additional Refining Processes
Transport
1
Assignment
- Transport
3
Videos
- Oil Midstream
- Natural Gas Midstream
- Liquified Natural Gas
The Cost of Oil and Gas
1
Assignment
- Oil and Gas Markets - Costs
5
Videos
- Cost Components
- Well Drilling and Production Costs
- Well Cost and Revenue Sharing
- Well Cash Flow
- Transport, Processing and Sales Costs
The Price of Oil and Gas
1
Assignment
- Oil and Gas Markets - Prices
5
Videos
- Benchmark Costs
- Supply, Demand, and Price Elasticity
- Seasonal Impacts on Oil and Gas Prices
- Short-Term Constraints on Prices
- Types of Prices
Future of Oil and Gas
1
Assignment
- Oil and Gas Markets - Future of O&G
1
Peer Review
- Oil and Gas Company Profile
4
Videos
- Original Oil and Gas in Place
- Resources vs. Reserves
- Access to Conventional Reserves
- Additional Types of Unconventional Resources
Auto Summary
Discover the essential workings of the Oil & Gas Industry with this immersive two-week course designed for those interested in Science & Engineering. Led by industry experts on Coursera, this foundational course delves into the critical aspects of oil and gas operations and markets. Throughout the course, you will explore the entire production process of oil and gas, from initial exploration to the final stages of transport. Additionally, gain insights into the economic forces shaping the industry, including the cost of wells, seasonal price variations, and the significance of oil reserves. Engage with the material through interactive quizzes after each lesson, participate in dynamic discussions about global markets, and apply your knowledge in a comprehensive final project. Ideal for individuals, professionals, and policy-makers looking to deepen their understanding of this impactful sector, the course offers a flexible learning experience with a starter subscription option. Join now to enhance your expertise in the operations and markets of the oil and gas industry.

Lincoln Pratson