close

Oilfields 101

September 21, 2026 Online :: Central Time

“Material is very relevant with a wide variety of ways the information is taught, through slides, videos and sharing examples.”

Engineering Assistant 2, State of Alaska, Department of Environmental Conservation, Division of Air Quality

“This training is designed to help understand all stages of the Oil and Gas industry for beginners.” 

JV Auditor, Hilcorp Energy Company

“As a newcomer into the oil and gas industry, this course was very effective in helping me understand all of the different sectors of the industry and how they all come together to produce the final product.” 

JIB Accountant, Hilcorp Energy Company
Read more testimonials

“A wide range of important topics in the oil and gas industry were thoroughly covered.” 

Revenue Accountant, Hilcorp Energy Company

“Oilfields 101 is a great learning experience for those wanting to understand a broad perspective starting from the upstream production, all the way to the downstream process.” 

Supply Chain Manager, Fritz Industries

This course will provide both new hires and those needing a refresher with a fundamental, well-rounded understanding of oilfields and their moving parts. We will begin with a comprehensive overview of oilfield history and essentials (terms, composition, important organizations, etc.) and will build up to the oil industry’s current challenges and future. Diving into the ins and outs of the industry, topics discussed will include:

  • Geology
  • Drilling wells
  • Completions
  • Production
  • Market value chain
  • Decommissioning
  • Crude Oil Storage and other Midstream Activities (Oil Gathering, Transportation, and Refining)
  • Environmental regulations
  • And everything in-between

Attendees will leave the program feeling confident and comfortable when it comes to deeper conversations about oilfield reservoirs, production, midstream activities, decommissioning, and more.  Special discounts apply if you bring your team, so register today!

Learning Outcomes

  • Review oilfield fundamentals and the industry’s history
  • Explain how global regulations, trade flows, terminology, and organizational structures influence the industry today
  • Compare how reservoir engineers and geologists contribute to exploration and production
  • Review the drilling process and interpret drilling data and reports
  • Explore different completion types and associated tools
  • Examine how oil is produced from a reservoir and the role of mechanical and operational technologies
  • Analyze the oil value chain and its influence on U.S., Canadian, and global markets
  • Review the decommissioning processes
  • Identify different types of crude storage and midstream operations

 

Register

Please Note: This event is being conducted entirely online. All attendees will connect and attend from their computer, one connection per purchase. For details please see our FAQ

If you are unable to attend at the scheduled date and time, we make recordings available to all attendees for 7 days after the event

REGISTER NOW FOR THIS EVENT:

Individual attendee(s)$ 995.00 each(early bird rate)
(price after September 11, 2026 is $ 1,095.00)
Volume pricing also available

Individual attendee tickets can be mixed with ticket packs for complete flexibility

Pack of 5 attendees$ 4,230.00 (15% discount)(early bird rate)
(price after September 11, 2026 is $ 4,655.00)
Pack of 10 attendees$ 7,960.00 (20% discount)(early bird rate)
(price after September 11, 2026 is $ 8,760.00)
Pack of 20 attendees$ 14,925.00 (25% discount)(early bird rate)
(price after September 11, 2026 is $ 16,425.00)

Your registration may be transferred to a member of your organization up to 24 hours in advance of the event. Cancellations must be received on or before August 21, 2026 in order to be refunded and will be subject to a US $195.00 processing fee per registrant. No refunds will be made after this date. Cancellations received after this date will create a credit of the tuition (less processing fee) good toward any other EUCI event. This credit will be good for six months from the cancellation date. In the event of non-attendance, all registration fees will be forfeited. In case of conference cancellation, EUCIs liability is limited to refund of the event registration fee only. For more information regarding administrative policies, such as complaints and refunds, please contact our offices at 303-770-8800

Agenda

Monday, September 21, 2026
Central Time

Online

Log In and Welcome

8:45

Lunch Break

12:30 - 1:15 PM

Adjourn for the day

5:00 PM

8:45 - 9:00 AM

Log In and Welcome

12:30 - 1:15 PM

Lunch Break

9:00 AM - 5:00 PM

Course Timing

Oilfield Fundamentals

  • Oil composition
  • Oil, wet natural gas, and dry natural gas
  • Distinguishing upstream, midstream, and downstream
  • LPG’s – Liquid Petroleum Gases
  • NGL’s – Natural Gas Liquids
  • Refined oil products (gasoline, diesel, jet fuel, etc.)
  • Types of organizations involved in the oilfield
  • Various types of oils
  • Benefits, global market, and terminology
  • Measurements and conversions

Oil Industry History & Overview

  • Spindle top
  • 1800’s – standard oil – breakup to the current oil giants
  • OPEC
  • Oil tankers
  • US importing and exporting
  • US and global regulations
  • Recognizing surface facilities and subsurface (downhole) activities
  • Schedules and the planning processes used in the industry

Oil Reservoirs and Geology

  • Role of reservoir engineers and geologists
  • Economics, planning, CAPEX, and OPEX
  • Economic drivers of oilfield decisions
  • Determining where to drill, infill spacing, injection, and similar activities
  • Logging, reservoir evaluation, correlation, and log analysis
  • Interpreting log data
  • 3D models and new technology
  • Reserves estimation and secondary recovery
  • Decision-making under uncertainty

Drilling Wells

  • The mechanical process
  • Circulation and drilling mud
  • Casing and cement
  • Annular space, fluidity, and isolation
  • Data acquisition and deciphering reports
  • Horizontal laterals

Completions

  • Types of completions
  • Perforated vs. cased
  • Fractured, slotted liners, and gravel pack
  • Oilfield tools: hammers and wrenches
  • Packers and bridge plugs
  • Sleeves and frac ports

Production

  • How oil is produced from a reservoir
  • Operations examples
  • Oil well testing and pulling wells
  • Mechanical and operation reliability and failures
  • Acidizing
  • Waterflood, steam, and carbon dioxide injection
  • Artificial lift and why it’s needed
  • Types of pumping units
  • Long stroke and traditional units
  • Rods, balls, and seats
  • Plunger lift and gas lift
  • Submersible electric pumps
  • Drilling technology
  • Hydraulic fracturing

The Oil Market Value Chain Overview

  • The oil industry value chain
  • Major oil plays in U.S., Canada, and global markets
  • Oil wells and the different types of standards of oil
  • The importance of LPG’s
  • Conventional and unconventional drilling
  • Costs of drilling and fracturing

Decommissioning

  • Plugging and abandonment
  • Well summary and well history reports
  • Squeeze cementing reports
  • Pipeline asset retirement & decommissioning
  • Repurposing and recycling retired infrastructure

Crude Oil Storage and Midstream Activities

  • Different types of storage and location
  • Above ground and below ground
  • Operations and storage development
  • Oil gathering, transportation, and refining
  • US oil reserve
  • Regulatory issues
  • Pipeline planning, shippers, and construction costs
  • Environmental reviews of oil pipelines and federal & state regulators

Oil Industry Challenges Today

  • Climate change
  • Landowner opposition and eminent domain
  • Opposition by the states and environmental groups
  • Keep It in the ground and the green new deal
  • Environmental regulation and reforms
  • Renewable energy and nuclear
  • Decarbonization
  • New presidential administration, EPA, and FERC
  • Digital oilfield, AI-driven analytics, automation, and EOR technologies

Instructor

Ilia Chaikine

Senior Reservoir Engineer

Sproule ERCE

Ilia Chaikine is a Senior Reservoir Engineer at Sproule ERCE which is a global energy consulting firm providing geoscience, engineering and operational expertise. His job involves evaluation of subsurface assets, reservoir characterization, fluid flow modeling and machine learning.  He holds a PhD degree from the University of Calgary focused on applying machine learning algorithms to reservoir engineering problems. He has also taught a graduate level petroleum economics course as part of his teaching experience.

Continuing Education Credits

IACET

AP_Logo

EUCI is accredited by the International Accreditors for Continuing Education and Training (IACET) and offers IACET CEUs for its learning events that comply with the ANSI/IACET Continuing Education and Training Standard. IACET is recognized internationally as a standard development organization and accrediting body that promotes quality of continuing education and training.

EUCI is authorized by IACET to offer 0.7 CEUs for this event

Verify our IACET accreditation

Who recognizes IACET Credits?

 

Requirements for Successful Completion of Program

Participants must log in and be in attendance for the entirety of the course to be eligible for continuing education credit. 

Instructional Methods

PowerPoint presentations, group discussions, and active participation.

CPE

Upon successful completion of this event, program participants interested in receiving CPE credits will receive a certificate of completion.

Course CPE Credits: 8.5
There is no prerequisite for this Course.
Program field of study: Specialized Knowledge
Program Level: Basic
Delivery Method: Group Internet Based
Advanced Preparation: None

CpeEUCI is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org

CLE

Only registered attendees can request CLE credits for an EUCI course/event.  Please email [email protected] prior to the course start date and list the state where you are licensed and your bar# as well as the name and date of your course/event in your request, and someone will be in contact.

Who Should Attend

New Oil Industry Employees, Energy Industry professionals, and Gas Industry professionals wanting to learn more about the oil industry