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Training provider of the year: 2013, 14 and 15
Upstream learning simulator With more than 50,000 participants instructed in various disciplines, data driven OilSim runs real-world oil and gas business scenarios and technical challenges.Engaging. Educational. Enjoyable
Develop measurable skills and capabilities
The course enables participants to transform qualitative geological descriptions of plays and prospects into technically robust quantitative success-case and risked volumetric models. Obtained learnings will help participants to evaluate the geological probability of success (PoS) for exploration plays, segments, prospects, wells and portfolios and to assess the range of petroleum volumes in exploration projects. Examples and case studies come from both conventional and unconventional plays, prospects and wells around the world. The learning objectives are achieved through well-illustrated lectures, numerous hands-on exercises and active class discussions.
By the end of the course participants will be able to:
Big picture trends in petroleum exploration. Play based exploration. Fundamentals of volumetric and risk assessment for prospective segments.
The first day introduces the participants to global exploration trends and the concepts of Exploration Triangle and Play Based Exploration. You will learn the fundamentals of volumetric and risk assessment, the main definitions and the commonly used assessment tools (software).
Day 1 exercises:
Basics of statistics, distributions and probabilities. Biases and fallacies in exploration. Volumetrics and risking for a segment of conventional petroleum resources.
The second day starts with the discussion of statistical parameters, distributions and probabilities. Participants will use real-world data (area, thickness, Net/Gross, porosity, saturation, Formation Volume Factor, Recovery Factor) to build distributions as inputs into volumetric models. This will be followed by the discussion of biases and fallacies in petroleum assessments and the tools that help reduce them. We will finish the day by doing hands-on assessment of volumes and risk for a conventional prospect.
Day 2 exercises:
Volumetrics and risking for unconventional plays. Aggregation of segments into prospect. Portfolio analysis. Post-drilling analysis.
The third day will start with the discussion of volumes and risk assessments for unconventional oil and gas plays (tight, shale, CBM). After that, we will discuss aggregation of segments into prospects and prospects into a portfolio. We will finish the course by studying how to do post-mortem analysis, learn from exploration successes and failures and become better explorers.
Day 3 exercises:
Exploration geoscientists and managers
Basic knowledge of Petroleum Geology
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