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.
Oil & Gas Industry Operations and Markets
Instructor: Lincoln Pratson
Sponsored by InternMart, Inc
149,334 already enrolled
(6,053 reviews)
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There are 2 modules in this course
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 videos4 assignments
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 videos3 assignments1 peer review
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Reviewed on Jul 27, 2020
This was an amazingly enlightening course, I have learnt alot about the Oil and Gas industries, how they work, the operations, the technical terms, market and prices and factors that effect it.
Reviewed on Aug 22, 2022
A wonderful and insightful course on Oil and Gas Industry and how it works and beautifully explained by Professor Lincoln Pratson's vast knowledge. Happy to learn from such a wonderful professor.
Reviewed on Oct 2, 2022
Concise, excellent content. The professor was monotone so it was hard to stay focused on what he was saying. Wished there were more images/videos to get the point across of what he was explaining.
Recommended if you're interested in Physical Science and Engineering
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