ABOUT THIS TRAINING COURSE
The prospect maturation process, from a lead to a drillable prospect, is at the
heart of the exploration business. This 5 full day course will cover all aspects
of the prospect maturation process: play understanding in the context of
regional geological understanding, detailed prospect evaluation; realistic risk
& volume assessment consistent with the play understanding and prospect details,
and an introduction to exploration economics.
Throughout the course, there is a strong focus on pragmatic (geo)logical
approach for assessing those aspects that are input parameters for a meaningful
assessment of prospect risks and volumes, with emphasis on a balanced
integration of contributions from different sub-surface disciplines. Many
examples from basins from around the world are used to illustrate how traps,
reservoirs, seals and charge occur in different basin settings.
Specifics topics that will be discussed include the following:
1. The statistical fundamentals for risk and volume assessment will be
presented, with practical exercises for understanding the results of a risk
& volume assessment as they are displayed in expectation curves.
2. The difference between risk and uncertainty.
3. A full discussion of the essential requirements for a working petroleum
system: Trap, reservoir, seal and charge.
4. Examples of how traps, reservoirs, seals and charge work in different basin
types around the globe and in Australian basins.
5. Exercises and guidelines for estimating uncertainties for prospect
parameters, including advice for deciding which distribution type to use,
and how to constrain those distributions for meaningful uncertainty ranges
(setting minimum most likely and maximum values). Particular emphasis will
be given to estimating hydrocarbon column lengths with their associated
uncertainties in undrilled prospects.
6. Prospects and plays: The value of play maps and how these should be used
for assessment of prospect risks and for ranking of prospects within a
play.
7. Calculating volume ranges for prospects.
8. Calculating volumes for groups of prospects; how to add risked prospect
volumes for a statistically correct representation of the volume promise of
a portfolio of prospects.
9. Geophysical evidence: Incorporating geophysical evidence (DHIs)
consistently and realistically in a risk assessment. An understandable and
geology-based workflow, consistent with Bayes theorem, will be presented.
10. Exploration economics.
Training Objectives
What this course will cover in 5 days:
This course describes the various aspects that need to be considered in the
prospect maturation process, including:
* Play development in the context of a sound understanding of the regional
geology
* Detailed prospect evaluation and understanding of the critical aspects of
traps, reservoirs, seals and charge
* Examples from plays and prospects in different basin settings from around the
globe
* Realistic and pragmatic risk and volume assessment, based on the geological
understanding of plays and prospects
* An introduction to exploration economics
Examples of plays, oil and gas fields and prospects from basins from around the
world, including the Far East, will be given.
Target Audience
This course is designed primarily for Geoscientists in exploration who would
like to improve their expertise of the prospect maturation process and risk and
volume assessment. The course has proven to be of value for explorers in the
early phase of their career, seasoned explorers and team leaders.
It will also benefit staff from disciplines working closely with exploration
staff including Prospect Portfolio Analysts, Petrophysicists, Geophysicists and
Reservoir Engineers.
Course Level
* Intermediate
Training Methods
At the end of the course, the participants will have a good understanding of the
essentials for realistic risk and volume assessments of exploration prospects.
The course should allow participants to produce well-considered and realistic
assessments for prospects they may be working on, and to understand and
constructively challenge risk and volume assessments of colleagues and/ or
partners/ competitors. Each topic is introduced by a lecture, and learning is
re-inforced by practical exercises and discussions. Hand-out materials in paper
and/or electronic format will be provided. Time will be made available to
discuss aspects of prospects that may be brought in by course participants.
Trainer
Your expert course leader has a PhD in Geology from the University of Utrecht.
He worked for 31 years (1979 -2010) with Shell as an exploration geologist in a
variety of functions across the globe. As Principle Technical Expert, he was
responsible for ensuring that Risk & Volume assessments were carried out
consistently and correctly in all of Shell's exploration units.
In this capacity, he led and participated in countless prospect review sessions
and developed and conducted a successful in-house course on Risks & Volume
assessment. As manager of the Exploration Excellence Team, he performed in depth
analysis of basins and plays and provided advice on exploration opportunities to
senior management. Together with his team, he visited most of Shell's
exploration offices, working hands-on with Shell's local exploration teams to
generate new play and prospect ideas and to suggest evaluation techniques and
technologies to apply.
In 2010, he was appointed as extraordinary professor Regional and Petroleum
Geology at the VU university of Amsterdam and in 2012 also at the University of
Utrecht. He was visiting professor at the University of Malaya (Malaysia).
Through his own consultancy, as of 2010, he provides advice on exploration
activities to several companies and is regularly invited to carry out technical
reviews. Activities cover all continents and include Portfolio Reviews, Prospect
assessment, Play-based Exploration, and Geothermal activities.
He conducts courses on several topics including Risk & Volume Assessment,
Prospect Maturation, Basin Analysis, Play-based Exploration, Trap & Seal
Analysis, Petroleum Geology for Non-geologists.
Some of his recent publications include:
* De Jager, J. & van Winden, M. (2020): Play-Based Exploration of the petroleum
potential of the Tremp-Graus, AÃnsa and eastern Jaca Sub-basins in the
southern Pyrenees. Invited contribution for Digital Geology, EAGE special
publication (eds: Grötsch, J. & Pöppelreiter, M.)
* De Jager, J. (2020). Concepts of Conventional Petroleum Systems. Invited
contribution for Regional Geology and Tectonics Volume 1: Global Concepts,
Techniques and Methodology (eds: Adam, J., Chiarelly, D. & Scarselli, N.)
* De Jager, J. (2021): Handbook Risk & Volume Assessment. Self-published
* De Jager, J., Van Ojik, K & Smit, R. (2023 - in preparation): Geological
Development of The Netherlands. In: Geology of The Netherlands (eds: Ten
Veen, J., Vis, G-J., De Jager, J. @ Wong, T.)
POST TRAINING COACHING SUPPORT (OPTIONAL)
To further optimise your learning experience from our courses, we also offer
individualized 'One to One' coaching support for 2 hours post training. We can
help improve your competence in your chosen area of interest, based on your
learning needs and available hours. This is a great opportunity to improve your
capability and confidence in a particular area of expertise. It will be
delivered over a secure video conference call by one of our senior trainers.
They will work with you to create a tailor-made coaching program that will help
you achieve your goals faster.
Request for further information about post training coaching support and fees
applicable for this.
Accreditions And Affliations