Prospect Appraisal and Economics
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Prospect Appraisal and Economics

Exploration decisions depend not only on geology and geophysics, but also on the interface with petroleum engineering and economics.

About the Course:
Explorationists should be aware of the uncertainty in their prediction of the volumes of oil and gas in a prospect, which is best expressed by a probabilistic statement: the expectation curve. Exploration decisions depend not only on geology and geophysics, but also on the interface with petroleum engineering and economics. This course will present the participants with this wider view, from translating prospect data into chances and volumes of oil and gas, as well as how to link such results to E & P optimization.

This course is designed for staff who need a better understanding of the business in order to enhance the effectiveness of their own organisation. The course is designed such that staff with technical and non-technical backgrounds can actively participate. Management, technical or support staff can all benefit from the course.
 
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Key Details
Duration5 days
 
£1,960
per delegate
 
 
Bookings Helpline: 01933 233884 (Monday to Thursday - 8:00am to 5:30pm and Friday 8:00am to 5:00pm).