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Play Assessment & Prospect Generation

EVAL/PLAY
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Who should attend?

  • This course provides a practical, comprehensive understanding of that part of the E&P value chain that deals with the technical evaluation of an exploration asset.
Audience :
  • Geoscientists, technical or non-technical managers interested in prospect assessment.

Level : Proficiency

Course Content

  • FROM PROSPECT LEAD TO POTENTIAL FIELD

      • Presentation of exploration methods and strategies.
      • Basin petroleum potential assessment process. Key points of the exploration workflow.

  • PLAY ASSESSMENT

      • Data collection and QC.
      • Basin potential assessment.
      • Regional context. The petroleum trilogy.
      • Migration and entrapment processes.
      • Relative timing of events.

  • PROSPECT ANALYSIS & GENERATION

      • Source rock potential estimation.
      • Seismic and well data integration and interpretation.
      • Basin structural history.
      • Timing of hydrocarbon expulsion and migration.
      • OHIP calculation parameters. Determinist and stochastic assessment.
      • Estimation of risks and related uncertainties. Assessment consistency.
      • “Prospect review card”.
      • Case study on prospect generation.

  • RISK ANALYSIS

      • Identification and assessment of risks and uncertainties related to:
      • Geology (source rock, reservoir, seal, preservation).
      • Fluids (generation, maturation, migration, entrapment, timing).
      • Probability Of Success (POS). Transition to dynamics. Consequences for economics.
      • Case study.

  • WRAP UP & CONCLUSION

Learning Objectives

  • Upon completion of the course, participants will be able to:
  • understand prospect definition workflow and to estimate OHIP (Original Hydrocarbon In Place) estimation parameters,
  • understand risks and uncertainties related to OHIP calculation methods and to use related results accordingly,
  • review fundamental concepts of portfolio management and to learn how to define adapted exploration strategies.

Ways & Means

  • Lectures and exercises.
  • Hands-on sessions on real case studies.
  • Discussion, teamwork experience feedback.