Oil & Gas Training
and Competency Development

Location Kuala Lumpur, Malaysia
Start11 Apr 2018
End13 Apr 2018
Discipline Geology
LevelFoundation
Duration3 Days
CostUSD 3,240.00
Delivery Mechanism Classroom
20% discount will be applied during checkout.
NExT Malaysia is a HRDF approved Training Provider.
This course is delivered with eBooks
This course is delivered with eBooks
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GeoX Prospect Assessment Fundamentals

This three-days course is focused on providing attendees with an overview of the methods required for assessment of the risks and uncertainties within a contemporary prospect evaluation. Participants will learn the principles and concepts that should be applied when assessing both simple and complex prospects.

Delivered in a workshop style, the course combines lectures on the principles of stochastic volume calculation, pre-assessment data collection and analysis; manual volume calculations exercises and exercises using the GeoX software suite to illustrate the analytical methods used to assess the risks and uncertainties of an exploration prospect. In the last session of the course the participants will use a case study to run their own GeoX prospect assessment.

  • Agenda
  • Topics
  • Audience
  • Prerequisites
  • Location
  • Agenda

    Day 1

    • Concepts of single target (Segment) assessments
    • Probabilistic Segment Analysis Setup
    • Segment definition
    • Segment volumetrics
    • Volumetric uncertainty
    • Parameter correlations

    Day 2

    • Segment volumetrics
    • Volumetric uncertainty
    • Parameter correlations
    • Risk dependencies
    • Correlations between segments
    • Fluid communication

    Day 3

    • Risk dependencies
    • Correlations between segments
    • Fluid communication
    • Understanding multi-compartment(Prospect) results
    • Case Study example
  • Topics

    • Concepts of single target (Segment) assessments
    • Probabilistic Segment Analysis Setup
    • Segment definition
    • Segment volumetrics
    • Volumetric uncertainty
    • Parameter correlations
    • Segment risking
    • Understanding segment results
    • Concepts of multi-segment(Prospect) assessment
    • Risk dependencies
    • Correlations between segments
    • Fluid communication
    • Understanding multi-compartment(Prospect) results
    • Case Study example
  • Audience

    All geologists and geophysicists that map and generate prospects and are involved in prospect assessment.

    G&G staff that are involved in Peer reviews, QC, technical advice and exploration decision making.

    Managers involved in exploration decisions, prospect ranking and exploration portfolio decisions.

    Reservoir engineers/economists working with exploration value assessment and need to understand the probabilistic subsurface model in GeoX

  • Prerequisites

    Participants should have a background in geosciences and preferably have some exposure to petroleum exploration and prospect evaluation concepts.

  • Prerequisites

  • Location

    Kuala Lumpur

    Kuala Lumpur is the capital and largest city of Malaysia.

    Beginning in the 1990s, the city has played host to many international sporting, political and cultural events including the 1998 Commonwealth Games and the Formula One World Championship. In addition, Kuala Lumpur is home to the tallest twin buildings in the world, the Petronas Twin Towers.

    Protected by the Titiwangsa Mountains in the east and Indonesia's Sumatra Island in the west, Kuala Lumpur has a tropical rainforest climate which is warm and sunny, along with abundant rainfall, especially during the northeast monsoon season from October to March.

    The major tourist destinations in Kuala Lumpur include the Dataran Merdeka (the Independence Square), the House of Parliament, the Istana Budaya, the Istana Negara (National Palace), the Kuala Lumpur Tower, the Muzium Negara (National Museum), the Putra World Trade Centre, the Tugu Negara (National Monument) and mosques such as the Masjid Jamek, the Masjid Negara (National Mosque) and the Federal Territory Mosque.

    Other tourist attractions include the Aquaria KLCC, the Batu Caves, the Makam Pahlawan (National Mausoleum), the National Science Centre, Petaling Street, the Royal Selangor Pewter Visitor Centre, the Zoo Negara (National Zoo), and events such as Malay cultural centres, the Chinese cultural festivals at the Thean Hou Temple and the Thaipusam procession at the Sri Mahamariamman Temple. The Golden Triangle, the commercial hub of the city, contains the Petronas Twin Towers and has a distinctive nightlife. Trendy nightclubs, bars and lounges, such as the Beach Club, Espanda, the Hakka Republic Wine Bar & Restaurant, Hard Rock Cafe, the Luna Bar, Nuovo, Rum Jungle, the Thai Club, Zouk, and many others are located within and around Jalan P. Ramlee, Jalan Sultan Ismail and Jalan Ampang.

    Hotels, from five-star to budget types, have cropped up everywhere to accommodate the influx of tourists each year. There are many hotels near Kuala Lumpur's entertainment and business districts.

    Kuala Lumpur alone has 66 shopping malls and it is the retail and fashion hub for Malaysia. Suria KLCC is one of Malaysia's premier shopping destinations due to its location beneath the Petronas Twin Towers.

    Kuala Lumpur Sky Line

    The Perdana Lake Gardens near the Malaysian Parliament building includes a Butterfly Park, Deer Park, Orchid Garden, Hibiscus Garden and Kuala Lumpur Bird Park, Southeast Asia's largest bird park.

    There are three forest reserves within the city namely the Bukit Nanas Forest Reserve in the city centre, the oldest gazetted forest reserve in the country, Bukit Sungai Putih Forest Reserve and Bukit Sungai Besi Forest Reserve. Bukit Nanas, in the heart of the city centre, is one of the oldest virgin forests in the world within a city. These residual forest areas are home to a number of fauna species particularly monkeys, tree shrews, squirrels and birds.

    Kuala Lumpur is a hub for cultural activities and events in Malaysia. Among the centres is the National Museum which is situated along the Mahameru Highway. Its collection comprises artifacts and paintings collected throughout the country. Kuala Lumpur also has an Islamic Arts Museum which houses more than seven thousand Islamic artefacts including rare exhibits as well as a library of Islamic art books. However, the museum's collection not only concentrate on works from the Middle East, the museum also puts the emphasis on Asia, with China and Southeast Asia especially well represented. This museum features some impressively decorated domes and large open exhibition spaces. It is located at Jalan Lembah Perdana next to the National Mosque.

    Kuala Lumpur is one of the host cities for the Formula One World Championship, the open-wheel auto racing A1 Grand Prix and the Motorcycle Grand Prix with races being held at Sepang International Circuit in the neighbouring state of Selangor, next to the Kuala Lumpur International Airport.

    From Wikitravel licensed under Creative Commons Attribution-ShareAlike 3.0

    • Timezone : GMT+08:00, Singapore (Singapore)
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Oslo, Norway January 22 - 24, 2018 20% Discount La Defense, France March 12 - 14, 2018 20% Discount Gatwick , United Kingdom April 10 - 12, 2018 20% Discount Kuala Lumpur, Malaysia April 11 - 13, 2018 NExT Malaysia is a HRDF approved Training Provider.
This course is delivered with eBooks 20% Discount
Houston, TX, United States April 23 - 25, 2018 20% Discount Jakarta, Indonesia April 25 - 27, 2018 20% Discount Hannover, Germany June 18 - 20, 2018 20% Discount Beijing, China June 25 - 30, 2018 20% Discount Stavanger, Norway August 22 - 24, 2018 Aberdeen, Scotland, United Kingdom September 04 - 06, 2018 Houston, TX, United States October 15 - 17, 2018 Jakarta, Indonesia November 12 - 14, 2018 La Defense, France November 19 - 21, 2018 Hannover, Germany December 03 - 05, 2018
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