| Number of points (ECTS): | 5 |
| Course starts: | Autumn |
| Teaching semester: | 1 |
| Evaluation: | Autumn |
| Course code: | MPE580-2 |
Faculty of Science and Technology
Department of Petroleum Engineering
Svein M. Skjæveland head of department
Sigurd Heiberg principal teacher
Reidar Brumer Bratvold principal coordinator
Introduction
We are living in a time when the world´s fast growing population is coming out of poverty. The pressures for a higher quality of life through access to the basics of water, food, heating, industrial materials, transportation etc. are increasing as the "have nots" gain strength. Whilst this is happening, the "haves" are also humans, expect growth, and crave for more of everything.
At the same time, the second law of thermodynamics is at work in the economy and the environment, alerting us to the fact that without due regard for all of the consequences of increased energy consumption, the "more of everything" strategy may lead to a reduced quality of life for all.
What does this have to do with a course on petroleum resource management?
Lots! Fossil energy (oil, gas and coal) will need to fuel most of the development and growth in the foreseeable future. This requires understanding of:
The purpose of this course is to help you develop this understanding. With a basic knowledge of reserves and resources, we will try to expose you to the strongest abstractions - that is the patterns of thought - that you may use for a lifetime and that help you identify the appropriate questions to ask in order to accelerate your learning when called to. We will address subjects such as exploration, development, health, safety, environment, economics, law, contracts and ethics before we again revert to the issue of reserves, but now in terms of portfolio optimization and strategy designs.
Learning outcome
After completing this course the student should be able to:
Contents
Prerequisites
Applicants for single subjects need to meet the requirements for admission to the master programme in Petroleum Engineering.
Exame| Assessment | Weight | Duration | Supporting materials |
|---|---|---|---|
| Written exam | 1 / 1 | 4 Hours | No printed or written means are allowed. Definite, basic calculator allowed |
Available for private candidates: No
Only available to students in
- Bachelor- and master studies at the Faculty of Science and Technology.
- PhD studies at the Faculty of Science and Technology.
Student evaluationQuestionnaire and continuous feedback during lectures.
Method of work
Lectures and exercises.
Literature
Selected papers + book to be decided prior to course start.
