A decision to drill an exploration well with the objective to find a new
oil or gas field must be based on a sound assessment of the prospect's risks
and of the volumes: what is the chance that a well will find hydrocarbons, and
how much could it be? Risk and volume assessments form the basis for decisions
to drill a well or not, and as such form the link between subsurface evaluation
and the business aspects of the petroleum industry.
This course explains
how risks and volumes can be assessed in a realistic manner, based on a sound
understanding of the geological details of the prospect as well as of its
regional geological setting and current play understanding.
will this Training Course be presented?
The course will not only be presented by
showing and interpreting the material in detail, but
also the participants will work together using a real data to apply all the workflow and to project their
previous knowledge and experience onto the course, they also encouraged to bring their own data
so that real working examples
can be reviewed and
Ø Module 1: Introduction
in place Principles.
and Development Uncertainty
Ø Module 2: Play
Based Exploration Pyramid
Analysis detailed Work Flow.
Ø Module 3: Basin
Definition, Earth Structure, Geological Time
and Continental Crust
Rocks, Trap Distribution, Structure Restoration.
Ø Module 4: Play
we Know and Where we know it.
Ø Module 5: Prospect
play to prospect.
Ø Module 6: Geo-statistical Analysis.
P50 and P90.
and Lognormal Distribution
Ø Module 7: Chance Factor and POS.
factor and Risking Template.
Chance Factors & Technical Success.
Ø Module 8: Prospect Evaluation work steps.
Reservoir Chance Factor.
The course will not only be presented by showing and interpreting the material
in detail, but also the participants will work together using a real data to
apply all the workflow and to project their previous knowledge and experience
onto the course, they also encouraged to bring their own data so that real
working examples can be reviewed and interpreted.