Play Assessment & Prospect Generation

PLAY-EN-P

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.
Public :
  • Geoscientists, technical or non-technical managers interested in prospect assessment.

Level :Skilled

Prerequisite :
  • Degree in geology or geophysics, or equivalent experience, with basic knowledge in asset evaluation.

Course Content

  • FROM PROSPECT LEAD TO POTENTIAL FIELD - Duration : 1 Day

      • Presentation of exploration methods and strategies.
      • Basin petroleum potential assessment process. Key points of the exploration workflow.
  • PLAY ASSESSMENT - Duration : 1 Day

      • Data collection and QC.
      • Basin potential assessment.
      • Regional context. The petroleum trilogy.
      • Migration and entrapment processes.
      • Relative timing of events.
  • PROSPECT ANALYSIS & GENERATION - Duration : 2 Days

      • 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 - Duration : 1 Day

      • 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

  • Attendees will be able to implement the following skills:
  • 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.

Learning assessment

  • Knowledge assessment with multiple choice questions and open explanatory questions.

More

Coordinator :IFP Training instructors, with expertise in the field and trained in modern teaching methods adapted to the specific needs of learners from the professional world.

To French entities : IFP Training is referenced to DataDock ; you may contact your OPCO about potential funding. Please contact our disabled persons referent to check the accessibility of this training program : referent.handicap@ifptraining.com