Industry Courses

QED is the industry leader in technician focused training and development. Click on Petroleum Industry course title to view description and upcoming class dates.

101 QED 101 Course: Basics of the Petroleum Industry $650

Are you new to the upstream petroleum industry? Need to understand the language to get up
the learning curve quickly? QED 101 is a one-day overview of industry terms and an introduction to reserves and economics. This course covers the basics of safety, geology, drilling, completions, and reserves estimation. Each participant is given a full glossary of terms and performs interactive exercises to reinforce concepts. Click here for availability.

201 Geology for the Non-Geologist $1200

This is a 2-day course that expands the concepts introduced in QED 101, it includes topics such as: geologic time and dating geologic events, identifying & classifying rocks, sedimentology and stratigraphy, structural geology, formation of petroleum traps, surface and subsurface mapping methods, pressure, temperature and time, and the origins of hydrocarbons. Click here for availability.

202 Query and Cross-Checking Production Data $650

It’s easy enough to pull production data from most commercial sources, but where does it all come from and is it correct? This course reviews not only how to correctly pull production data, but it also covers common errors, tips and tricks, and how to check inconsistencies. We have compiled our knowledge to pack the best understanding of production into one course. Click here for availability.

203 Leveraging Maps and GIS Data $650

What kind of maps would a technician need to make? Why and when should they be provided to an engineer? Bubble maps, IP maps, overlap maps, reference maps are all discussed while covering critical elements of map building for proper interpretations. This is a 1-day course. Click here for availability.

205 Acquisitions & Divestitures $650

This course gives participants an appreciation of the A&D side of the petroleum industry. The structure of data and an overview of data rooms allows for deeper understanding for those geoscience technicians that are involved in Business Development. Click here for availability.

206 Projections and Geodetics $650

This course gives participants an appreciation of geodetics and their implications for mapping. It also provides an introduction into datum’s and an overview of projections. This course also provides a brief overview of mapping in popular software, and provides interactive exercises to allow for dynamic learning and to accommodate varying learning styles. This is a 1-day course. Click here for availability.

207 Interpreting Lease Operating Statements $350

This course teaches you how to estimate operating costs, capital costs, and price differentials by inspecting historical data. Complicated accounting systems typically generate text or basic Excel files that are full of critical data. We teach the tricks and tips of how to quickly navigate through these pages to estimate for forward looking economics. This is a 1/2-day course. Click here for availability.

301 Advanced Concepts For The Petroleum Industry $650

This is a 1-day course comprised of interactive exercises to allow for dynamic learning and to accommodate different learning styles. This course builds upon the concepts introduced in the QED 101 course and also delves into: history of production, land ownership and interests, an introduction to drilling, production, field processing, and operations & work-overs. Click here for availability.

306 Basic Petroleum Reserves and Economics $1200

Lots of commercial software products exist, and they all work similarly, but if you don’t understand the basics of “as of dates” and “economic limits” then no training are worthwhile. What is a BTU factor and how does shrinkage work? What is a NYMEX strip and why do we use price differentials? This course starts with the basics of modeling parameters and the thinking piece behind setting up a reserves evaluation database. Each classmate is given a check-list of common errors found on cash flow statements, and everyone walks out knowing how to generate proper cash flow statements and one-line reports from commercial software. This is a 2-day course. Click here for availability.
403 Advanced Production Data Analysis $1200

Type curves, IP analysis, and stack plots. This course reviews how to craft meaningful analysis from production data. There is a discussion of how to ensure data integrity and how each analysis can be utilized. Finding value in the data is a tremendous resource, and QED trains how to think and manipulate data to find that value. Click here for availability.

404 Advanced Concepts in Petroleum Economics $650

Basic decline curve analysis and economic parameter estimation are skills that a skilled technician can use to take significant workloads off of an engineer. In this course, learn how to leverage skills built in previous courses to make a reserves estimation model with little to no time needed from an engineer and learn to document all assumptions in standard templates for quick engineering reviews. There is an overview of the SEC rules regarding reserves which is especially helpful for those technicians who work with reserve bookings. Click here for availability.

406 Database Conversions $2000

Great technicians know that converting a database from one standard commercial format to another is an art. At QED, we have converted so many databases that we have a comprehensive set of tricks and tips and double checks to make a technician’s life easier. Empower your technician with the intellectual capital we have compiled over decades to make these processes faster and more efficient. Click here for availability.

408 Creating a Menu of Services $1800

A great technician should be proactive. In addition, a great technician should be able to give an engineer an idea of the type of product that they can provide (and a time estimate) before they start each task. In this course and workshop, class participants will learn how to prepare and present a menu of their services. This increases efficiency and encourages a technician to learn and document each engineer’s individual preferences. This is a three day course. Click here for availability.

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