COURSE PURPOSE:
This course presents a discussion of crude oil. This includes an overview of worldwide production trends, crude oil composition, refining overview and how refiners select which crude oils to purchase. It is intended for crude oil producers and others who are interested in learning more about crude oil. The first part of the program includes a discussion of worldwide crude oil production trends, crude oil composition and crude oil bulk properties. The next part of the program is a discussion of products produced from crude oil. This is followed with a brief description of refinery process technology. Key refining technologies are described such as crude oil distillation, fluid catalytic cracking, hydrocracking, delayed coking and catalytic reforming. The various refinery types found in different locales are also described.
One of the most important economic decision refiners make relates to crude purchase decisions. The next part of the course describes the business process refiners employ to make the most profitable crude purchase decisions. This will include a description of refinery economic models, and how these models are used to evaluate and select crude oils for purchase. |
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COURSE OUTLINE:
- Worldwide crude oil production overview
The first part of the course is a discussion of worldwide crude oil reserves, crude oil production, and future production trends
- Crude oil composition and properties
A description of hydrocarbon types found in crude oil and a discussion of the major bulk properties of crude oil and how this information is used by industry.
- Petroleum products
This session will review product demand trends and specifications for major petroleum products produced from crude oil.
- Refinery process technology-An overview of how crude oil is converted into petroleum products.
Major process units are described such as crude oil distillation, fluid catalytic cracking, hydrocracking, delayed coking, and catalytic cracking. The various refinery types are also described.
- Crude oil assays
In order to quantify the quality of crude oils, crude oil assays are performed that describe the yields and properties of various products derived from crude oil. This section describes how crude oil assays are performed, and used in the industry.
- Crude oil selection-How refiners determine which crude oils to purchase
This session will begin with an overview of refinery economics modeling and describe how refiners value and select which crude oils to purchase.
COURSE INSTRUCTOR:
Dave Geddes is an economics and planning consultant for the refining and petrochemical industry. His previous experience includes 20 years at Bechtel Corporation. He has worked on feasibility studies and economic evaluations of oil refineries and petrochemical plants in the United States, Asia, the Middle East, and South America. While at Bechtel he also managed the group that developed, marketed, and supported the PIMS linear programming system that is now widely used for refinery and petrochemical economic studies and other planning applications. Mr. Geddes received a B.S. in Petroleum Refining from the Colorado School of Mines, and an M.S. in Chemical Engineering from the University of Colorado.
FOR WHOM INTENDED:
This course is intended for individuals working in the area of crude oil production an exploration. In addition, other individuals who interact with the industry will benefit from this course. This includes suppliers, insurance, and finance. A technical background is not required for course participants.
COURSE SCHEDULE:
Class hours are 8:30 am to 4:30 p.m. each day; with half-hour breaks in the morning and afternoon, and a one-hour break for lunch. Check-in will begin at 8:00 a.m. the first day.
LOCATION:
The class will be taught on the CSM campus. The campus is in Golden, Colorado, at the foot of Lookout Mountain, 13 miles west of downtown Denver on the Front Range of the Rockies.
REGISTRATION FEE:
The registration fee is $995.00 (U.S.), which includes tuition and text materials. It does not include meals or lodging. Enrollment is limited and applications will be accepted in the order received.
You may register electronically or by sending to the address below for a brochure with registration form. The sponsor reserves the right to cancel the course and return registration fees if enrollment is insufficient. Payment and/or purchase order or training order must be mailed in additionally to complete electronic registration.
Register
Cancellations or transferring of registration fee will be charged a $150.00 fee. No refunds will be made to registrants who fail to cancel 5 working days prior to course delivery. Personnel substitutions may be made at any time without cost penalty.
COURSE CREDIT:
CSM will award 1.3 Continuing Education Units (CEU’s) for participation in this course.
ACCOMMODATIONS:
Registrants are responsible for making their own lodging and travel arrangements. For accommodations and travel information, visit our home page.
FOR FURTHER INFORMATION:
For further information concerning the technical program, contact:
Dave Geddes
Email:
davegeddes@comcast.net
For registration information contact:
Office of Special Programs and Continuing Education
Colorado School of Mines
Golden, CO 80401
Phone: 303/273-3321
Fax: 303/273-3314
E-mail: space@mines.edu
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