Focus of the Petroleum Industry

59min Advanced

  • Lecture Material
  • Exercise Introduction
  • Instructor Info for Exercise
  • Exercise Material
  • Webinar Q&A
  • Exercise Solution
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The lecture material introduces the focus of the petroleum industry. The lecture material includes twenty (20) slides, and will require ~40 minutes to present. An exercise accompanies the lecture material. The introduction to the exercise contains seven (7) slides, which should take approximately ten (10) minutes of class time. The exercise itself is given in two (2) parts, where Part 1 is a brainstorming session conducted in class (~5 minutes), and Part 2 is for homework.

For Part 1 of the exercise, there are three (3) questions for students to consider and offer answers to. The instructor should read each question (provided in the introduction to the exercise) and give the students approximately 1.5 minutes to discuss each one. Answers are included to this part of the lecture, and should be discussed in class.

For Part 2, students are asked to find five (5) facts about the Canterbury Basin, New Zealand. A web search should produce a lot of information. This should be done as homework, and not during the class period.

Objectives:

At the end of the lecture, students should be able to:

  • Describe how geology and geophysics fit into the energy industry
  • Describe the growing demand of energy, and the challenges that come with this demand
  • Differentiate the components of a fully-integrated oil company, and what these components do

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