Course Scope

This course provides participants with the technical knowledge required for evaluating prospects in the petroleum value chain.


 

LEARNING OBJECTIVES

Upon completion of the course, participants are expected to be able:

  1. To understand prospect definition workflow and to estimate original hydrocarbon in place
  2. To understand risks and uncertainties related to original hydrocarbon in place methods and how to reduce the risks
  3. Review fundamental concepts of portfolio management and resource definition

COURSE CONTENT

  FROM PROSPECT LEAD TO POTENTIAL FIELD (1 DAY)

  • Exploration methods and strategies.
  • Petroleum potential assessment in a basin and key stages in the exploration workflow.
  • Production profiles prediction and well productivity potential assessment.

  PLAY ASSESSMENT (1 DAY)

  • Data collection and QA/QC.
  • Basin screening and potential assessment.
  • Petroleum system in a regional context.
  • Migration and entrapment process.
  • Relative timing of events.

  PROSPECT ANALYSIS AND GENERATION (2 DAYS)

  • Source rock potential estimation.
  • Seismic and well data integration and interpretation.
  • Basin evolution history.
  • Timing of hydrocarbon expulsion and migration.
  • Hydrocarbon in place calculation parameters with stochastic and deterministic analysis.
  • Risks and uncertainty estimation.
  • Prospect ranking.
  • Workshop and hands-on exercises on prospect generation.

  RISK ANALYSIS (1 DAY)

  • Identification and assessment of risks and uncertainties related to geological factors (source, reservoir, seal, trap and preservation) and fluids (maturation, generation, migration, entrapment and timing).
  • Chance of adequacy, probability of success and impact on economics
  • Hands-on exercises and case study.