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. Oil 101 production fundamentals upstream oil and gas. The oil and gas industry requires an immense system of infrastructure to provide the vital link between the upstream oil and gas resources and the final consumer markets. Nov 06, 2016 oil 101 is an introductory textbook about the oil industry for the technical graduate who has done some a level or college level organic chemistry, so is at home with the names of common organic chemicals, eg. Herein some basic facts about natural gas composition and measurement.
Moffett have written a nontechnical book to help readers with technical backgrounds better understand the business of oil and gas. 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. Nebosh international technical certificate in oil and gas operational safety. Because oil and gas are less dense than water, which occurs in huge quantities in the earths subsurface, oil and gas migrate through. Historically, we know of tales of eternal fires where oil and gas seeps would ignite and burn. Oil and natural gas companies are required by provincial regulations to return lands they disturb to a selfsustaining natural state as close as reasonable to its original condition. Jul 03, 2009 a barrel of oil is a barrel of oil, but how much is an mcf of gas. Download it once and read it on your kindle device, pc, phones or tablets. Inside was oil 101 and a note from morgan downey not the obesity doctor, who indicated that he reads the oil drum and wanted me to have a copy of his new book. We explain how the three key segments of the oil and gas industry work together. 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. Oil and gas accounting learning objectives after reading this chapter, you should be able to. In this episode, preston and stig interview morgan downey, a professional commodities trader and the best selling author of the book oil 101. The enduser community using this resource is diverse, and includes representatives of government, industry, academic institutions, nongovernmental organizations, and individuals.
Read oil and gas trade 101 by chiagozie george durueke for free with a 30 day free trial. Most oil and gas companies business structures are segmented and organized according to business segment, assets, or function. Read 1,000 pages, and you too can catch the commodity knife in the dark. A collection to help you learn the oil and gas industry, and get up to speed on the business drivers. Nebosh oil and gas books pdf download introduction to oil and gas operational safety pdf. One of our first videos as you can tell, but our most popular one to date.
The role of the landman spans every stage of the domestic exploration and production industry and the position must be filled in order to engage in any oil and gas leasehold transaction or to drill new wells in the continental us. Apr 23, 2014 for 15 some years i have worked as a consultant that tangentially deals with the oil and gas industry, and yet i still found this book a very good read. This qualification is designed specifically for those with safety responsibilities in the oil and gas industry. 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.
The oil and gas industry is the largest sector in the world in terms of dollar value. The valve will open at a set pressure to inject lift gas into the tubing. Oil has been used for lighting purposes for many thousands of years. Smashwords oil and gas trade 101 a book by chiagozie. Jan 06, 2020 5 common trading multiples used in oil and gas valuation these numbers help analysts understand company performance. Oil 101 is an introductory textbook about the oil industry for the technical graduate who has done some a level or college level organic chemistry, so is at home with the names of common organic chemicals, eg. Cash flow is simply harder to manipulate than book value and pe. Here is the lowdown on these fuels and a couple of lesserknown petroleumrelated resources, and what the possible ecological effects and advantages of extracting them are. Grasp the background and politics of standard setting for oil and gas accounting.
Chapters 2 to 4 is an introduction to crude oil assays, and the chemical components comprising crude oil. It contains explanations of how oil and gas are discovered and extracted today. Before you begin projecting an energy companys financial statements, you need to know something about the units used. For 15 some years i have worked as a consultant that tangentially deals with the oil and gas industry, and yet i still found this book a very good read. I did use it to prepare for the recruitment process in royal dutch shell, and i managed to take a new role in the oil and gas industry. Dec 08, 2015 oil 101 a free introduction to oil and gas introduction to natural gas this overview includes segments on. The place where oil and gas are cooked out of the rocks is called kitchen. Typically, gas is injected between the casing and tubing, and a release valve on a gas lift mandrel is inserted into the tubing above the packer. Using epas nonpoint oil and gas emission estimation tool for the 2014 nei pdf 26 pp, 647 k. Seriously, at times the errors and language made me think i had received a chinese knockoff of a book written in english.
Historically, we know the tales of eternal fires where oil and gas seeps ignited and burned. Natural gas 101 a primer on the natural gas industry for investors looking to add it to their portfolio. Learning oil and gas basics will help you maximize the value of your mineral rights. In an attempt to visualize where all of the active and for the most part, unconventional wells are in the united states, in 2016 fractracker. Oil has been used for lighting purposes for many thousand years. Oil 101 is a 2009 book by new york based american commodities trader morgan downey. 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. Introduction to oil and gas upstream what is upstream. Oil 101 isnt the beall, endall of books on oil, but it is a worthy place to start. Oil 101 is a straightforward guide to oil and an essential read for anyone. In oil 101, downey provides the facts one needs to understand oil, from its history and chemistry, to refining, finished products, storage.
The book follows the pattern of oil starting with what types there are, how it was formed and where it is found. Natural gas 101 an introduction to the natural gas industry. Got a bunch of hf trading books left here so if you want to trade for it, just let me know. Our free oil 101 ebooks include history of oil, upstream, midstream, downstream, risk management, and industry trends. Oil 101 by morgan patrick downey goodreads share book. Oil 101 is a straightforward guide to oil and an essential read for anyone coming. It explains with a couple of simple pictures the concept of the kerogen, oil and gas windows and then goes on to explain, from. Read unlimited books and audiobooks on the web, ipad, iphone. Introduction to upstream upstream business characteristics. An oil company is interested in leasing your minerals because they have reason to believe that they can find oil or gas there. The book gives enough explanation of the overall oil production.
Buy oil 101 if you are a scientific person who follows the financial markets, but you have never worked with nor traded oil. The basics of natural gas production, transportation, and markets david e. The most oil is produced between the temperatures of 60 and 120 c, a temperature range known as the oil window. Because drilling companies can use most of the same equipment to drill for oil as gas, there are companies on this list that actively drill both, often emphasizing whichever commodity is the most. Consider this article as your oil and gas 101 course, primarily written for the mineral rights owner. Not only do you see some of the biggest deals with the worlds largest companies, but you also learn new accounting techniques, valuation methodologies, and maybe even something about petroleum engineering. I am in london in a couple of weeks, and i will pick it up then and start reading it on my flight home. These free textbooks range from facts about the 2010 bp oil spill to fundamentals of engineering thermodynamics. This book provides comprehensive information on both the engineering design and research aspects of this emerging industry. How silicon valley will make oil, nuclear, natural gas, coal, electric utilities and conventional cars obsolete by 2030. The myriad of pictures, drawings, charts, and graphs bring the rather technical topic of oil and gas production to life.
This midstream content is derived from our oil 101 upstream ebook and can be found in our oil and gas learning community. 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 determined every day in global wholesale oil markets and. 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. I am looking for a free download of oil 101 or if someone could email a pdf that would be great. The type of shale production being discussed is generally conventional oil or gas produced from relatively deeply buried shales that are produced in a manner roughly similar to conventional wells. It is difficult to ascertain where unconventional oil and gas extraction is occurring unless one explores oil and gas extraction data statebystate and even then its not always completely clear. Ekt interactive oil and gas training courses for new learners and experienced professionals. Oil 101 with morgan downey the investors podcast network. Oil and gas production handbook an introduction to oil. Oil 101 an introduction to oil and gas elearning course. Epa regi oommen and mike pring, eastern research group april 14, 2015 2015 emission inventory conference san diego, ca. Because drilling companies can use most of the same equipment to drill for oil as gas. Covering the full spectrum of basic definitions, characteristics, drilling techniques, and processing and extraction technologies, the book is a great starting point to educate oil and gas personnel on todays shale.
In oil 101, downey provides the facts one needs to understand oil, from its history and chemistry, to refining, finished products, storage, transportation, alternatives. Oil 101 production fundamentals upstream oil and gas this oil 101 production module discusses oil vs natural gas, conventional vs unconventional, onshore vs offshore. Oil and gas trade 101 by chiagozie george durueke book read. Books the end of oil the long emergency out of gas the partys over power down beyond oil twilight in the desert documentary films. By injecting gas into this oil, the specific gravity is lowered and the well will start to flow. Twentyfive percent of the energy consumed in the u. This upstream module includes the following sections use the links below for quick access.
So even though i know a fair bit about the chemistry and have a passing knowledge of the production and pricing processes, i learned something new in almost every section of this book. 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. This article, oil and gas production 101 is written in nontechnical language and addresses the oil and gas production process for mineral rights owners. I this 2nd of 10 modules, we introduce the learner to some key fundamentals of the midstream segment of the oil and gas industry. I would like to thank you for the brilliant interactive oil 101 materials. Dec 04, 2015 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. This midstream content is derived from our oil 101 upstream ebook and can be found in our o slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. The online ei source book platform was conceived and. It is colorless, shapeless, odorless and tasteless. Its the law oil and natural gas companies are required by provincial regulations to return lands they disturb to a natural state. Oil 101 by morgan patrick downey 9780982039205 hardcover. We are brokers for the buying and selling of crude oil and petroleum products. The petrophysical rock core contains gas or oil which are used as fuel as for energy source.
What you know as oil is actually called petroleum or crude oil and may exist as a combination of liquid, gas, and sticky, tarlike substances. With their timely new book, authors andrew inkpen and michael h. Havard devold oil and gas production handbook an introduction. Oil and gas sector activity declined significantly in this years first quarter, said oil and gas executives in the us federal reserves dallasbased eleventh district responding to a quarterly. The book gives a valuable overview of the oil and gas pipelines. Jul 17, 2015 this video is part of the free course. The seven books you must read if you want to understand oil. It contributes significantly to the gross domestic product gdp of many nations and generates billions of. A prominent linchpin in world politics and in security policies world over, oil and gas have tremendous value in both. 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. Understanding oil and gas production for mineral owners. The critical components of this complex system include pipelines, ships, ports, terminals and storage tanks, which together form the midstream oil and gas industry.
Project finance for the international petroleum industry. Center for energy studies louisiana state university. Our books about petroleum, gas and oil focus on their economical and environmentally safe production. Join over 11,000 people learning about the oil and gas industry with our free oil 101 upstream overview. 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. Here is some light reading on light crude with a tilt to history, science, and talking your way out of a business meeting on various and sundry hydrocarbons. Gas measurement 101 oil and gas lawyer blog july 3, 2009. Understand the secs reserve recognition accounting rra proposal. Does anyone know where to get a free download of oil 101. Oil 101 a free introduction to oil and gas introduction to natural gas this overview includes segments on.