Havard devold oil and gas production handbook an introduction. In oil 101, downey provides the facts one needs to understand oil, from its history and chemistry, to refining, finished products, storage, transportation, alternatives, and how prices are. Introduction to oil and gas upstream what is upstream. A hole drilled in an area where at that moment there is not oil and or gas production, but the oil exploration studies state the probability of finding hydrocarbons there. Boem has starttofinish oversight responsibility on oil and gas leasing activities within the ocs. This midstream content is derived from our oil 101 upstream ebook and can be found in our oil and gas learning community. It differs from them, however, both in being focused not just on oil, but also in explaining more of the financial matters that play such a significant part in the price we pay for oil and thereafter for the gas that goes into the tank. The material has been compiled from various online resources, as well as. For it to be the fuel that can go into a car or converted into plastics, it must go through a. Oct 19, 2016 see epas about pdf page to learn more. The basics of natural gas production, transportation, and markets david e. The oil and gas industry can be broken into upstream, midstream, and downstream.
Oil 101 a free introduction to the oil and gas industry i this first of 10 modules, we introduce the learner to some key fundamentals of the upstream segment of the oil and gas industry. The well bore query data set provides a way for users to search for wells by district, lease, county, field, operator, drilling permit number, api number, onoff schedule, or well type. Refining what comes out of the ground is not often a form of petroleum that can be used right away. Wells that use water during the completion process hydraulic. Oil and gas leases 101 chapter 1 2 defer drilling a well for a stated period.
Oil 101 production fundamentals upstream oil and gas this oil 101 production module discusses oil vs natural gas, conventional vs unconventional, onshore vs offshore. By way of comparison, natural gas and coal supply 22% and 28%, respectively, of the worlds energy needs3. Section 18 of the ocs lands act, requires the secretary of the interior to prepare an oil and gas leasing program that consists of a 5year schedule of proposed lease sales that shows the. This upstream module includes the following sections use the links below for quick access. The oil and gas industry overview and trends nrgi reader april 2015 this reader is intended for use in conjunction with the natural resource charter. Oil has been used for lighting purposes for many thousands of years. Division order understanding oil and gas division orders. Oil and gas forms there are many areas of service for legal matters involving oil and gas.
Dec 08, 2015 oil 101 a free introduction to oil and gas introduction to natural gas this overview includes segments on. The vast majority of this water is from prehistoric oceans that existed when the oil and gas was formed. An overview of oil and gas upstream activities and using epas nonpoint oil and gas emission estimation tool for the 2017 nei jennifer snyder, u. Intent to drill well received by kgs may 03, 2010 well completion report received by kgs jun 25, 2010 well completion report received by kgs aug 17, 2012 pit closure drilling pit received by kgs oct 28, 20 for information on software to view and use. This produced water is normally reinjected into a deep nonproductive underground formation. Using epas nonpoint oil and gas emission estimation tool for the 2014 nei jennifer snyder, u.
Html5 format works whether you are using a computer, tablet or mobile device. Upstream, also called exploration and production, is the most scientific and technical part of the oil and gas. Oil and gas production handbook an introduction to oil. Indiana oil and gas operators continue to utilize hydraulic fracturing to complete wells when they believe the method will increase the productivity of a well. An overview of oil and gas upstream activities and using epas nonpoint oil and gas emission estimation tool for the 2014 nei jennifer snyder, u. Instrument 51101 standards of disclosure for oil and gas activities ni 51101 and the canadian oil and gas. I am looking for a free download of oil 101 or if someone could email a pdf that would be great. Confidential please see important disclosures at the end of this presentation. Reed, cpa, abv partnerincharge, transaction advisory services 1 introduction brian reed, cpaabv, has more than 15 years of financial advisory experience ranging from acquisition due diligence to valuation services.
Mud degassing refers to the process of offgassing of entrained gas in the drilling mud once it is outside of the wellbore. The oil and gas industry natural resource governance. Historically, we know the tales of eternal fires where oil and gas seeps ignited and burned. The pdf documents below contain the following information for the year 20. Jan 01, 2009 oil 101 is a straightforward guide to oil and an essential read for anyone coming to grips with where oil prices, the economy and society are headed. Because of the huge volume of water and the multistage leadthrough of. Page 3 executive summary alaskas oil and gas industry started with the discovery of the swanson river oil field on the kenai peninsula in 1959, followed by the sterling gas field in 1961, the beluga river gas field in 1962, and the beaver creek gas. Form 8937 signed irs form 8937 reporting the stock split effective september 23, 20. Upon timely payment, a lessee has another year to develop the lease. The role of the oil and gas industry in alaskas economy. The principal activities, as illustrated in figure 4. Intent to drill well received by kgs jan 03, 2008 well completion report received by kgs mar 10, 2008 well completion report received by kgs mar 10, 2008 pit closure drilling pit received by kgs mar 10, 2008 for information on software to view and use. The oil and gas industry includes oil companies, petroleum refiners, fuel transport, enduser sales at gas stations, natural gas extraction, and more. Oil 101 production fundamentals upstream oil and gas.
Center for energy studies louisiana state university. In areas where oil is found in shallow reservoirs, seeps of crude oil or gas may naturally develop, and some oil could simply be collected from seepage or tar ponds. The typical delay rental clause provides for a delay rental to be paid one year from the date of a lease. Ocd forms as of july 1, 2019, the oil conservation division requires the online electronic submittal and fee application for specific forms. The united states is now the top natural gasproducing country, and we have transitioned from a natural gas importer to a natural gas exporter. However, not every well is completed using this method. Hydraulic fracturing is indeed relevant to indiana and has been since it began to be used in the early 1950s.
Petroleum natural gas the shale revolution also led to a dramatic shift in the u. The role of the oil and gas industry in alaskas economy mcdowell group, inc. What is natural gas, uses of natural gas, and historical perspective on how natural gas has evolved from being an often flared byproduct of oil production to perhaps the future of the oil and gas industry, or should i say the gas and oil industry. Using epas nonpoint oil and gas emission estimation. Ngl 101 the basics energy information administration.
Design of an industrial boiler at full capacity a boiler of this size converts 3 000 litres of fuel oil or a corresponding amount of natural gas to thermal or process heat every hour. A division order is an instrument which sets forth the proportional ownership in produced hydrocarbons, including crude oil, natural gas, and ngls. Because oil and gas are less dense than water, which occurs in huge quantities in the earths subsurface, oil and gas migrate through. Learn more 11 modules covering key segments of the oil and gas industry. Sadler san antonio association of professional landmen annual midwinter seminar february 18, 2006 this paper will discuss the manner of preparation of a runsheet concerning land in texas, by a landman from the records of an abstract company, if available, and. Bureau of ocean energy management boem is a bureau in the united states department of the interior doi that manages the offshore energy resources of the outer continental shelf ocs. Epa regi oommen and mike pring, eastern research group april 14, 2015 2015 emission inventory conference san diego, ca. These areas include exploration, production, development, acquisitions, divestitures, debt equity, finance and.
Introduction to upstream upstream business characteristics. The office of the comptroller of the currencys occ comptrollers handbook booklet, oil and gas exploration and production lending, is prepared for use by occ examiners in connection with their examination and supervision of national banks, federal savings associations, and federal branches and agencies of foreign banking organizations collectively, banks. The oil and gas industry is the largest sector in the world in terms of dollar value. Oil and gas production handbook an introduction to oil and gas production abb oil and gas, 2009. More often than not, a single well or lease will have multiple owners. Epa regi oommen and mike pring, eastern research group. A overview of oil and gas upstream activities and using epas nonpoint oil and gas emission estimation tool for the 2014 nei pdf 47 pp, 3 mb national emissions inventory nei oil and gas pdf 12 pp, 2 mb oil and gas 101. Enclosed you will find just a sample of the careers that make it all happen. Sometimes the division order is referred to as a division of interest. I am grateful to my colleagues in the industry for. Oil and gas forms, leases and documents us legal forms. Epa regi oommen and mike pring, eastern research group august 15, 2017 2017 emission inventory conference baltimore, md.