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Geoscience
Prospect and Play Assessment
Assessing plays and prospects is central to allocating financial and human resources in exploration. This course presents a modern, probabilistic approach to estimating volumes, their uncertainty and the chance of success, and compares it with other published methods so participants can choose the best fit.
- Discipline
- Geoscience
- Level
- Intermediate
- Duration
- Flexible length
- Formats
- Classroom, In-house
Every course can be delivered in-house and tailored to your organisation.
Who should attend
Exploration team members and leaders, including geoscientists, engineers, economists, planners and managers who make decisions on exploration data.
What participants will be able to do
- Calculate geological risk and uncertainty for prospects
- Estimate prospect resource volumes
- Assess resource distribution within a play
- Predict the number and size of potential future fields
- Calibrate play-level risk
Topics covered
- Geological risk
- Probabilistic volumetrics
- Play assessment
- Field size distribution
- Stochastic and probabilistic methods