ABOUT THIS VIRTUAL INSTRUCTOR LED TRAINING (VILT)
A decision to drill an exploration well with the objective to find a new oil or
gas field must be based on sound assessment of the prospect risk 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 form the link between subsurface evaluation and the
business aspects of the petroleum industry.
This Virtual Instructor Led Training (VILT) 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 as well as its regional geological
setting and current play understanding.
Participants of this VILT course will receive a softcopy of Risk and Volume
Assessment Handbook which explains the concepts that are associated with
probabilistic Risk & Volume (R & V) Assessment and contains many practical
recommendations on how to translate geological understanding into meaningful
inputs for probabilistic R &V assessments. The book is fully compatible with any
probabilistic R & V tool in the industry.
Training Objectives
By the end of this VILT course, participants will be able to understand:
* The fundamentals of risk and volumes assessment; translating geological
understanding into reasonable numbers and ranges.
* The difference between risk and uncertainty.
* Fundamentals of statistics; including explanation of distribution curves,
understanding of expectation curves, do's and don'ts for adding risked
volumes, and Bayes theorem.
* Uncertainty of trap, reservoir, seal and charge, illustrated by examples.
* Guidelines and exercises for estimating risks realistically and consistently.
* Calculating volume ranges for prospects and for portfolios of prospects; how
to add prospect volumes for a correct representation of prospect portfolios.
* Incorporation of geophysical evidence (DHIs) in a realistic risk assessment.
Target Audience
This VILT course has been designed in the first place for geoscientists working
in exploration, for prospect portfolio analysts and for their direct
supervisors. It will also benefit staff from disciplines working closely with
exploration staff, such as reservoir engineers, petrophysicists and
geophysicists.
Course Level
* Intermediate
Training Methods
Learning, methods and tools
The VILT course will be delivered online in 5 half-day sessions comprising 4
hours per day, with 2 breaks of 10 minutes per day. It is the intention to have
at least 2 smaller exercises per day. Time will be reserved for recapitulation,
questions and discussions.
VILT will be conducted either via Zoom or Microsoft Teams. Presenting materials
can easily be done on this platform. When participants need to ask a question,
they can raise their hand, write notes or interrupt the Instructor by using
their microphone. The presenter can switch to a screen where he/she can see all
participants (also when each participant is sitting in another location e.g. at
home). There is also a whiteboard functionality that can be used as one would
use a flip chart. Exercises will be done on an online platform which provides
each participant with a private work area that can be accessed by the Instructor
to discuss the exercise in a similar manner as in a classroom course.
Each topic is introduced by a lecture, and learning is re-enforced by practical
exercises and discussions. Handout material in electronic format will be
provided.
Trainer
Dr. Jan de Jager has a PhD in Geology from the University of Utrecht. He joined
Shell in 1979 as an exploration geologist, and worked in several locations
around the world such as Netherlands, Gabon, USA, Australia, Argentina, and
Malaysia in technical and management positions. During the last 10 years of his
career, he was responsible for the quality assurance of Shell's exploration
prospects in many parts of the world and for upgrading and replenishing Shell's
global exploration portfolio. During this period, he had also developed
extensive expertise in Prospect Risk and Volume assessments for which he ran
successful internal training programmes. Following his retirement from Shell in
2010, Dr Jan de Jager took on a position as part-time professor at the
University of Amsterdam and also serves as a consultant exploration advisor for
various E&P companies.
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