Play Assessment and Prospect Evaluation

Short course

In City of London

£ 2,355.18 + VAT

*Indicative price

Original amount in EUR:

2,750 €

Description

  • Type

    Short course

  • Level

    Beginner

  • Location

    City of london

  • Class hours

    19h

  • Duration

    3 Days

This 3-day course covers the major aspects and essential elements to generate and evaluate play and prospect for hydrocarbon exploration.
This course offers a qualitative and quantitative play/prospect assessment procedure easy to apply and reply in any industrial context. It is mostly focused on the evaluation of geologic uncertainties and risks, and practical procedure to quantify opportunities in the exploration phase.

In this course the participants will act as an exploration company following a ready-made workflow based on a real case and will learn the procedures used in oil companies. Lessons will focus on risks, limits, typical problems and uncertainties of the play assessment, especially in quantifying geological risks. Economic analysis and assessment, aggregation and presentation of data and best practice will help participants to provide insights for managers.

Facilities

Location

Start date

City of London (London)
See map

Start date

On request

About this course

By the end of the course you will feel confident in your understanding of:

• The evaluation of assessment techniques in the industrial application scheme
• How to quantify geological risk and uncertainties on a play
• The definition, assessment and risk evaluation of a prospect
• A basic economic analysis for management strategy

This course is designed for you, if you are a member of the exploration team: geologist, petroleum engineer or geoscientist, or an analyst or manager, working on exploration data and keen to learn a methodology for exploration project assessments.

• This is a practical course with didactical procedures and workshops
• Provision of an operational workflow from play to prospect to basic economics that is applicable worldwide
• A real case workshop evaluated in a team setting
• Simulation of economic strategy

We look forward to hearing from you and endeavour to respond to your inquiry as quickly as possible!

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Reviews

Subjects

  • Play Assessment
  • Prospect Evaluation
  • Evaluation of Geologic Risks
  • Exploration Procedures
  • Risks / Limits / Uncertainties of Play Assessment
  • Evaluation of Assessment Techniques
  • Quantifying Geological Risks on a Play
  • Quantifying Uncertainties on a Play
  • Petroleum Systems
  • Play Fairway Maps
  • Exploration Workflow
  • Prospect Generation & Evaluation
  • Risk Analysis & Probability
  • POS and POF
  • Economics
  • Geological Control Factors

Teachers and trainers (1)

Gabriele Lena

Gabriele Lena

Instructor

Course programme

Topics
  • Petroleum systems - geological control factors
  • PS stages, regional parameter
  • Local effects
  • Exploration workflow
  • Play assessment and play fairway maps
  • Prospect generation and evaluation
  • Risk analysis and probability
  • POS and POF
  • Economics
  • Aggregation and presentation of results
  • Decision tree and exploration program

Additional information

Course Date: 24-26 June 2019
Course Duration: 3 days
Course Location: London, United Kingdom
Course Fee: 2750 EUR + VAT

Applicable VAT will be added.

All our courses are held at top quality hotels with excellent meeting facilities.

Inquire for more details!

Play Assessment and Prospect Evaluation

£ 2,355.18 + VAT

*Indicative price

Original amount in EUR:

2,750 €