Go to Course: https://www.coursera.org/learn/oilandgas
**Course Review: Oil & Gas Industry Operations and Markets on Coursera** The oil and gas industry is a foundational sector that underpins global economics, influences geopolitics, and significantly impacts everyday life. For anyone looking to understand this complex field, the Coursera course titled **Oil & Gas Industry Operations and Markets** offers an insightful and well-structured learning experience. Spanning a comprehensive two-week format, this course effectively demystifies both the operational and market-related facets of the industry through a combination of detailed modules. ### Overview The course operates under two main modules: 1. **Oil and Gas Operations and Technology** 2. **Oil and Gas Industry Markets** These modules are meticulously designed to help learners grasp the essential concepts of how oil and gas are extracted, processed, marketed, and sold. ### Module Breakdown **Oil and Gas Operations and Technology** In the first module, students dive into the core activities that enable the oil and gas industry's functionality. This includes exploration, extraction, processing, and refining. The instructional material is rich in detail, giving learners a thorough understanding of: - **Exploration:** The methods and technologies used to locate oil and gas reserves. - **Production:** The techniques involved in the extraction of these resources. - **Processing and Refining:** How raw oil and gas are transformed into usable fuels and other commodities. - **Transportation:** The logistics of moving oil and gas from production sites to refineries and ultimately to consumers. Whether you are a newcomer to the field or someone with some experience, this module offers valuable insights into the operational dynamics of the industry. **Oil and Gas Industry Markets** The second module shifts focus to the economic landscape that governs the oil and gas industry. Students will explore: - **Cost Structures:** Understanding the various costs associated with exploration, production, and the overall supply chain. - **Pricing Mechanisms:** Learning about the factors that influence the prices of oil, gas, and their derivatives, such as geopolitical events, market demand, and technological advancements. - **Future Viability:** Analyzing how the reserves of oil and gas remaining in the ground will affect individual companies and the industry's broader health. This module is particularly beneficial for learners interested in understanding market dynamics and how they relate to operational decisions in the oil and gas sector. ### Learning Experience The course is designed with learners of all backgrounds in mind. The content is structured in a way that builds on foundational knowledge while also providing advanced insights, making it applicable for professionals, students, and anyone interested in the field. The format includes video lectures, interactive content, and practical examples, ensuring an engaging learning experience. Additionally, Coursera's platform allows for flexible scheduling, which is beneficial for busy professionals or students juggling multiple commitments. Each module is supported by quizzes and assessments that help reinforce the material and track progress effectively. ### Recommendation I highly recommend the **Oil & Gas Industry Operations and Markets** course on Coursera for anyone looking to gain a deeper understanding of this crucial sector. The course is not just informative but also practical, equipping students with knowledge that is applicable to real-world situations. By the end of the two weeks, participants will have a better grasp of the complexities of oil and gas operations and the market mechanisms that drive the industry forward. Whether you aspire to work in this field, are studying it academically, or simply want to be more informed about the forces behind oil and gas pricing, this course offers a valuable knowledge base that caters to all levels of interest. In summary, this course is an excellent investment for your professional development and a necessary step for anyone aiming to navigate the intricacies of the oil and gas industry successfully.
Oil and Gas Operations and Technology
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.
Oil and Gas Industry MarketsIn 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.
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
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.
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.
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.
Very rich and informative course. This course provides an exhaustive introduction towards the Oil and Gas market, it covers all the factors and parameters with great detail. Enjoyed it thoroughly!
From this course I have learn much more information regarding the drilling sites, production , reservoir contents and more specially Economic price rise and fall in this industry. I thank to Coursera