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Prospect Maturation and Evaluation, From a Lead to Drillable Prospect
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. It is mostly focused on the evaluation of geologic uncertainties and risks, and practical procedure to quantify opportunities in the exploration phase.
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.
At the end of the course the participants will have a good understanding of the essentials for realistic risk and volume assessments of exploration prospects.
Course Info
Schedule
Day 1
Introduction
• Risks, Volumes and Uncertainty
• Petroleum systems Elements
• Prospects and Plays
• Play assessment and play fairway maps
• Prospects and Portfolios
• Prospect maturation workflow
Day 2
Source, Charge and Timing of Hydrocarbon Migration
• Hydrocarbon Generation and Migration
• Impact of source rock types and timing issues for charge assessment
• Petroleum System Approach
Traps and Reservoirs
• Traps in important hydrocarbon settings
• Trap types
• Risk and uncertainties associated with hydrocarbon traps
• Reservoir
• Risk and uncertainties associated with reservoirs
• Reservoir in difference depositional environment and their typical characteristics and risks
Seals and Pressure
• Mechanisms of seal failures
• Risk and uncertainties associated with reservoirs
Day 3
Risks and Volumes
• Practical exercise on prospect risk assessment
• Volume Calculation
• Practical exercise on prospect volume calculation
• Stacked Reservoir, dependencies and probabilistic roll up.
Exploration economics
• Basic economic value of prospects
• Impact of direct hydrocarbon indicators (DHIs) on probability of success (POS)
• Local example and Case study discussion
Geoscientists, geophysicist and geologists who working in exploration, for prospect portfolio analysts and for their direct supervisors. It is also a very instructive course for staff from disciplines working closely with exploration staff, such as petrophysicists and reservoir engineers and other E&P staff
20 years international experience in oil and gas industry, Master degree in Reservoir Geophysics Former Advisor Geophysicist Hess International Senior Specialist/Chief Geophysicist KUFPEC KUWAIT