Course description
This course focuses on the Oil Industry,
from a Non-Technical perspective. It charts the journey of the Petroleum - Oil
and Gas – Hydrocarbon, from ‘Access Right’ to the Land or Water is gained, for
initial testing, through to the ‘Mineral Rights Acquisition’, Stratigraphic
Tests, Drilling and Production of the Oil and Gas. It incorporates the
different levels of ‘Interests’ (Working Interest and Non-Working Interest) that
prevail and what each means, in contractual terms, for the different players –
Mineral Right Owners, Service Providers, Operators and Non-Operators.