- Overview of resources classification
- Classification of resources and reserves
- Supplementary resources and reserves definitions
Day one of this course will begin with a basic overview of resource classification. Participants will learn about the classification of resources and reserves. Supplementary resources and reserve definitions will also be discussed.
- Basic petroleum economics
- Before tax cash flow
- After tax cash flow
- Selecting investments
- Economic limit
On this day participants will learn about petroleum economics. After starting off with the basics, the participants will also learn about before and after tax cash flow. Selecting investments and the economic limit will also be discussed.
- Deterministic reserves estimation methods
- Criteria for analogues
- Field examples of deterministic reserves estimates
Participants will learn about deterministic reserves estimation methods on this day. One main focus will be on the criteria for analogues. On this day planned field examples of the deterministic reserve estimates will be shown to the students.
Statistics, Probability, and Uncertainty
- Statistics, probability, uncertainty
- Expected value and decision trees
On this day participants will learn about statistics, probability, and uncertainty that are associated with reserves. Day four will also cover the expected value of a reserve and the decision tree.
- Simulation and probabilistic reserves estimation
The last day of the course will cover simulation and probabilistic reserve estimations.
Individuals with both geoscience and engineering backgrounds.
A basic knowledge of reservoir engineering and petroleum geology, along with an Engineering or GeoSciences degree.
Abu Dhabi is the capital of and the second largest city in the United Arab Emirates. Abu Dhabi lies on a T-shaped island jutting into the Persian Gulf from the central western coast.
Abu Dhabi has a hot climate. Sunny/blue skies can be expected throughout the year.
The buildings in Abu Dhabi are too diverse to be characterised by one particular architectural style, especially as they have been built over a long period of time and drawn on a wide range of influences.
Abu Dhabi is home to a number of cultural institutions including the Cultural Foundation and the National Theater. The Cultural Foundation is home to the UAE Public Library and Cultural Center. Various cultural societies such as the Abu Dhabi Classical Music Society have a strong and visible following in the city. The recently launched Emirates Foundation offers grants in support of the arts, as well as to advance science and technology, education, environmental protection and social development. The city also stages hundreds of conferences and exhibitions each year in its state-of-the-art venues, including the Abu Dhabi National Exhibition Centre (ADNEC) which is the Persian Gulf's largest exhibition center and welcomes around 1.8 million visitors every year. The Red Bull Air Race World Series has been a spectacular sporting staple for the city for many years, bringing tens of thousands to the waterfront. Another major event is the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC).
The diversity of cuisine in Abu Dhabi is a reflection of the cosmopolitan nature of the society. Arab food is very popular and is available everywhere in the city, from the small shawarma to the upscale restaurants in the city's many hotels.
Abu Dhabi International Airport (AUH) is the city's main aviation hub and the second busiest airport in the UAE.
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- Timezone : GMT+04:00, Arabian (Abu Dhabi, Muscat)