Oil & Gas Industry Fundamentals Handbook : From Exploration and Drilling to Production, Refining, Trading, and Pricing, Explained for Beginners
Overview
The oil and gas industry speaks a dozen languages at once. A geologist talks about porosity and traps. A rig crew talks about casing and kicks. A refiner talks about cut points and yields. A trader talks about differentials and backwardation. A newcomer is expected to follow all of it.
Learning the business one piece at a time leaves gaps exactly where the pieces connect: how a lease turns into a royalty check, how a refinery chooses its crude, why no cargo sells at the headline price, and what makes a discovery worth developing.
Oil & Gas Industry Fundamentals Handbook gives you the map. It follows oil and gas from the rock to the market in six parts and 27 chapters: the big picture, upstream, midstream, downstream, markets, and a wrap-up on economics, safety, the energy transition, and careers. Every term is explained in plain words the first time it appears, and you need nothing beyond high-school math.
This handbook helps you:
- See how exploration, drilling, production, transport, refining, and trading fit into one value chain
- Read the units and shorthand of the business, from barrels and thousand cubic feet to barrels of oil equivalent
- Work out royalties, reserves, decline, and well value with step-by-step examples
- Understand how crude oil and natural gas are priced, traded, shipped, and hedged
- Follow the money through a project with net present value, rate of return, payback, and breakeven
- Speak with more confidence alongside engineers, traders, lawyers, and finance teams
Built for practice: 58 worked examples with results in US and metric units, 27 mistake autopsies, 27 capstone tasks, and 209 self-check questions and 143 practice problems with answer keys that show the working. A full 10-year field model, 90 figures, 115 tables, a formula sheet, and a glossary of about 265 terms make it a reference you will keep using.
Inside: geology and exploration; leases and production sharing contracts; drilling, completion, and hydraulic fracturing; reserves; offshore and shale; gas processing, pipelines, LNG, and shipping; refining, fuels, and petrochemicals; crude benchmarks, physical trading, futures, and options; crack spreads and netbacks; safety and regulation; and the energy transition.
Written for new hires, students, career changers, and the analysts, accountants, lawyers, and bankers who work alongside the industry. It is an educational guide, not investment advice or a worksite procedure.
Start with Part 1, then follow oil and gas from the rock to the market one chapter at a time.
This item is Non-Returnable
Details
- ISBN-13: 9798162499640
- ISBN-10: 9798162499640
- Publisher: Independently Published
- Publish Date: October 2026
- Dimensions: 11 x 8.5 x 0.89 inches
- Shipping Weight: 2.21 pounds
- Page Count: 436
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