About this Training Course

A decision to drill an exploration well with the objective to find a new oil or gas field must be based on a sound assessment of the prospect’s risks and of the volumes: What is the chance that a well will find hydrocarbons, and how much could it be? Risk and volume assessments form the basis for decisions to drill a well or not, and as such, it is the link between subsurface evaluation and the business aspects of the petroleum industry.

This 3 full-day course explains how risks and volumes can be assessed in a realistic manner based on a sound understanding of the geological details of the prospect and its regional geological setting and our play understanding.

This course can also be offered through Virtual Instructor Led Training (VILT) format.