1 / 6

Upstream: Exploration & Production

Upstream: Exploration & Production. UWPEA Spring 2013. What is Upstream?. Finding and extracting crude oil Players: OPEC (Organization of Petroleum Exporting Countries) Non-OPEC NOCs (National Oil Companies) Majors ( ie : Exxon Mobil, Chevron, BP, Shell, Total)

julie-avery
Download Presentation

Upstream: Exploration & Production

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Upstream: Exploration & Production UWPEA Spring 2013

  2. What is Upstream? • Finding and extracting crude oil • Players: • OPEC (Organization of Petroleum Exporting Countries) • Non-OPEC NOCs (National Oil Companies) • Majors (ie: Exxon Mobil, Chevron, BP, Shell, Total) • Second Tier (ie: Hess, Marathon, Repsol YPF) • Independent (ie: Apache, Devon, Nexen, etc.)

  3. Where do you fit in?

  4. Exploration • Obtain exploration and drilling rights • Look for essential geological features • Source rock • Reservoir rock • Cap rock • Drilling the well • Completions

  5. Production • Flush production (natural lift) • Settled production (artificial lift) • Secondary recovery • Water injection • Gas reinjection • Enhanced Oil Recovery (EOR) • Hydraulic fracturing • Thermal recovery (steamflooding)

  6. Directional Drilling

More Related