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    • Class and Course
    1. NExT
    2. Business Management
    3. Risk, Uncertainty, and Decisions in E&P Projects

    Risk, Uncertainty, and Decisions in E&P Projects

    • Skill
    • 5 Days
    • classroom1Classroom
      • Average client rating (based on 103 attendee reviews)


    Risks and uncertainties are everywhere in E&P projects. They impact decision making by the projects chosen, how they are developed, and their economic performance. Improving the quality of decisions is the main goal, not just understanding risk and uncertainty for their own sake.

    Probabilistic concepts and tools are generally used to model risk and uncertainty, and sometimes misused due to absent or long forgotten statistical training. The purpose of this course is to give you a sound understanding of the most important statistical concepts used in E&P projects, and apply them in hands-on case studies.

    The instructor, Dr. Pierre Delfiner is the recipient of the 2018 Society of Petroleum Engineers’ International Award for Management & Information.

    Anyone interested in learning more about the approach and techniques of risk, uncertainty, and decisions in E&P projects.

    Some basic statistics knowledge would be a plus but is not required.

    Currently there are no scheduled classes for this course.

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    Petrotechnical

    Operations and Maintenance

    Energy Transition

    SLB Software

    Digital Technology

    Technical Challenges

    Health Safety and Environment (HSE)

    Business Management

    E&P Introduction and Fundamentals

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