Oil & Gas Industry Operations and Markets
Keep adding new skills with 10,000+ programs for $239 (usually $399). Save now.
Oil & Gas Industry Operations and Markets
Instructor: Lincoln Pratson
167,665 already enrolled
Included with
Details to know
See how employees at top companies are mastering in-demand skills
There are 2 modules in this course
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.
In this module, you will learn about the core activities that the Oil and Gas Industry executes to bring natural gas and petroleum products to market. We will look at the exploration and production of oil and gas, the processing and refining of the oil and gas into useable fuels and other valuable commodities, and finally the transport of oil, gas, and petroleum products from wells to refineries to retail outlets.
What's included
16 videos1 reading4 assignments
16 videos•Total 77 minutes
- Oil and Gas Industry Overview•3 minutes
- Oil and Gas Sources•2 minutes
- The Hydrocarbon System•6 minutes
- What Makes for a Good Reservoir Rock•4 minutes
- Exploration Tools and Methods•4 minutes
- Acquiring Mineral Rights•8 minutes
- The Drilling Process•10 minutes
- Prospect to Play•3 minutes
- Production Over Time•4 minutes
- Enhanced Oil and Gas Production•3 minutes
- Processing Natural Gas•3 minutes
- Crude Oil Distilation•6 minutes
- Additional Refining Processes•5 minutes
- Oil Midstream•6 minutes
- Natural Gas Midstream•5 minutes
- Liquified Natural Gas•4 minutes
1 reading•Total 10 minutes
- Report a problem with the course•10 minutes
4 assignments•Total 120 minutes
- Oil and Gas Exploration•30 minutes
- Production•30 minutes
- Processing and Refining•30 minutes
- Transport•30 minutes
In this second module, the course shifts to the markets that drive Oil and Gas Industry operations. You will learn about the various costs of the core oil and gas industry activities, the factors that determine the prices that oil, gas and petroleum products sell for, and the effect that the amount of oil and gas remaining in the ground has on the future viability of individual companies to the Industry as a whole.
What's included
14 videos1 reading3 assignments1 peer review
14 videos•Total 71 minutes
- Cost Components•1 minute
- Well Drilling and Production Costs•5 minutes
- Well Cost and Revenue Sharing•5 minutes
- Well Cash Flow•3 minutes
- Transport, Processing and Sales Costs•7 minutes
- Benchmark Costs•4 minutes
- Supply, Demand, and Price Elasticity•6 minutes
- Seasonal Impacts on Oil and Gas Prices•7 minutes
- Short-Term Constraints on Prices•5 minutes
- Types of Prices•7 minutes
- Original Oil and Gas in Place•5 minutes
- Resources vs. Reserves•6 minutes
- Access to Conventional Reserves•6 minutes
- Additional Types of Unconventional Resources•6 minutes
1 reading•Total 10 minutes
- Share your learning experience•10 minutes
3 assignments•Total 62 minutes
- Oil and Gas Markets - Costs•30 minutes
- Oil and Gas Markets - Prices•16 minutes
- Oil and Gas Markets - Future of O&G•16 minutes
1 peer review•Total 120 minutes
- Oil and Gas Company Profile•120 minutes
Instructor
Offered by
Explore more from Environmental Science and Sustainability
- Status: Free TrialL
L&T EduTech
Course
- Status: Free Trial
Course
- Status: Free Trial
Course
- Status: PreviewD
Duke University
Course
Why people choose Coursera for their career
Learner reviews
- 5 stars
82.58%
- 4 stars
15.44%
- 3 stars
1.47%
- 2 stars
0.15%
- 1 star
0.34%
Showing 3 of 6651
Reviewed on May 13, 2019
Very rich and informative course. This course provides an exhaustive introduction towards the Oil and Gas market, it covers all the factors and parameters with great detail. Enjoyed it thoroughly!
Reviewed on Nov 17, 2019
This is an awesome introductory course about the latest O&G industry operations and markets. I am truly benefited from this course and I highly recommend everyone to enroll in this course!
Reviewed on May 4, 2020
It was simply excellent! Very clear and comprehensive. Really gave a good overview of the oil and gas sector. The professor's voice was also very clear. He was well spoken. I learned a lot. Thank you!
Frequently asked questions
No. Completion of a Coursera course does not earn you academic credit from Duke; therefore, Duke is not able to provide you with a university transcript. However, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.
To access the course materials, assignments and to earn a Certificate, you will need to purchase the Certificate experience when you enroll in a course. You can try a Free Trial instead, or apply for Financial Aid. The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
When you purchase a Certificate you get access to all course materials, including graded assignments. Upon completing the course, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.
More questions
Financial aid available,
¹ Some assignments in this course are AI-graded. For these assignments, your data will be used in accordance with Coursera's Privacy Notice.