Financial & Valuation Modeling for the Oil & Gas Industry 2 Day Program
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From 1,199 USD
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Houston
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Classroom
Financial & Valuation Modeling for the Oil & Gas Industry 3 Day Program
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From 1,599 USD
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Houston
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Classroom
Oil and Gas Pricing
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Beginner level
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From 250 USD
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Online
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Self-paced Online
Basic Petroleum Technology – BPT
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Beginner level
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From 4,310 USD
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Multiple (2)
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Classroom
Petrophysical Evaluation
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Beginner level
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From 395 USD
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Online
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Self-paced Online
Cased Hole and Production Log Evaluation
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From 3,350 USD
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Houston
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Classroom
Enhanced Oil Recovery
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Beginner level
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From 395 USD
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Online
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Self-paced Online
Integrated Reservoir Modeling - GRD
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Intermediate level
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From 4,510 USD
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Houston
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Classroom
International Petroleum Contracts - IPC
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Intermediate level
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From 4,510 USD
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Multiple (2)
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Classroom
Introduction to Geomechanics for Unconventional Reservoirs - IGUR
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Beginner level
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From 4,410 USD
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Houston
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Classroom
Petroleum Risk and Decision Analysis - PRD
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Beginner level
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From 3,990 USD
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Multiple (2)
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Classroom, Virtual Classroom
Advanced Decision Analysis with Portfolio and Project Modeling - ADA
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Advanced level
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From 4,610 USD
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Multiple (2)
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Classroom
Pore Pressure Measurement and Prediction
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Beginner level
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From 395 USD
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Online
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Self-paced Online
Basin Analysis Workshop: An Integrated Approach to the Exploration and Evaluation of Conventional and Unconventional Resource
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Intermediate level
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From 4,510 USD
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Houston
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Classroom
Applied Rock Mechanics - ARM
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Advanced level
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From 3,430 USD
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Houston
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Classroom
Cementing Practices - Cementing II - CEP
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Intermediate level
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From 4,685 USD
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Houston
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Classroom
Modeling Climate Change
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Intermediate level
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From 50 USD
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Online
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Virtual Classroom
Analysis of Structural Traps in Extensional Settings - ESS
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Intermediate level
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From 4,510 USD
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Houston
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Classroom
Advanced Seismic Stratigraphy: A Sequence-Wavelet Analysis Exploration-Exploitation Workshop - ADS
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Advanced level
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From 4,775 USD
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Houston
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Classroom
History Matching and Reservoir Optimization - HMRO
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Intermediate level
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From 4,090 USD
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Online
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Virtual Classroom
Essentials of Oil and Gas Modeling Training
Reservoir modeling is essentially a computerized representation of portions of the Earth’s crust based on the space occupied by certain resources, in this case, oil and gas reserves. It is essentially a numerical equivalent of a three-dimensional geological map representing the physical quantities of the resources and oil reserves on the globe. There are numerous applications which are useful for natural hazards detection as well as disaster management. Oil and gas modeling training courses provide candidates with fundamentals in management of natural resources, quantification of geological resources, structural geology, sedimentology, stratigraphy, paleoclimatology, and diagenesis.
Learn the Steps in Oil and Gas Modeling
There are several essential steps in oil and gas modeling such as preliminary analysis of the various contexts of the resources including geological context, interpreting available date, and observations of seismic activities and constructing structural boundaries of rock walls. There are several different modeling techniques used in reservoir modeling including geological modeling (these are created by geophysicists and geologists providing statistic descriptions of reservoirs) and reservoir simulation models (these are usually created by reservoir engineers and makes use of finite difference methods to simulate the flow of fluids within the reservoir).
Oil and gas modeling techniques find applications across many sectors of economy including trading and gas offshore firms. Some common applications of oil and gas modeling are petroleum extraction, petroleum engineering, computer simulation and reservoir simulation.
Content of Oil and Gas Modeling Training
Professional courses in oil and gas modeling are designed for professionals with or without a background in engineering. These courses give candidates in-depth understanding of the oil and gas industry and the techniques to model it. Candidates will develop skills in building general approaches to oil and gas modeling as well as matching field data with forecasting future performance. Some important concepts covered in these courses include:
- Reservoir simulation model construction
- Methods and sampling of data collection for modeling
- Relative permeability of components
- Injection and production data collection
- Grid systems collection
- Forecasting techniques
- Software issues
Format of Oil and Gas Modeling Training Courses
Professional training courses in oil and gas modeling are offered in various formats and levels based on previous knowledge and qualifications. These courses are available at different levels such as beginner, intermediate and advanced. Many of these courses are also offered online for the benefit of the working professionals. Online courses give a lot of flexibility in terms of location, revisiting course materials, reduced tuition costs.
Training Benefits for Professionals
The energy industry has been highly dynamic over the years and is evolving with an increasing demand for professionals with quantitative and qualitative skills in gas simulation and modeling. Offshore drilling companies are expanding their business as onshore oil reserves are diminishing day by day.