Global Agency of Geosciences Experts

01-04a Prospect evaluation in oil and gas exploration

Objectives

To teach the basics to understand how to evaluate prospects

Who should attend

Profesionnals with a Scientific background.

Prerequisites

Background in Geosciences, petroleum geology or basic Petroleum Engineer knowledge

Duration

5 Session

Languages
Geoid Logo Geoid Training available
Geoid Logo
1
Session

Prospect definitions and characteristics

Prospect definition The prospect relative to the petroleum system and plays.  Prospect evaluation: where it stands in the exploration and  production process Reserves vs resources Application exercise

2
Session

Back to the basics understanding geology

Some of the following chapters can be developed or not,  according to the geological background of the students.  Hydrocarbon charge Source rock types, maturity, HC migration timing, relative to traps HC fluids Fluid properties according to source rock type, maturation and  migration PVT conditions Alteration like biodegradation inside the reservoir. Non HC fluids  H2S and CO2 Fluid contact determination

3
Session

Reservoir

Reservoir characteristics. Impact of the depositional  environment on the reservoir body geometry and internal  architecture Diagenesis influence on reservoir characteristics Seal Top and lateral seal. Fault sealing. Examples  Surface seeps as the ultimate migration  Trap Trap types; structural: fold and fault related. Stratigraphic and mixed traps. Trap occurrences according to basin types Examples

4
Session

Deterministic approach

Calculating the oil or gas prospect resources using the gross rock volume,  net/gross ratio, average porosity, hydrocarbon saturation, formation  volumetric factor, and recovery factor. Depth dependent gross rock  volume Introduction to uncertainties, affecting the different parameters used for the resource computation, with a specific focus on the gross rock volume Probabilistic approach Differences between risk and uncertainties. Basics of statistical concepts  like the Monte Carlo simulation Results of probabilistic volume assessment and their graphic  representation – Application exercise

5
Session

Risk evaluation

How to make the risk evaluation based on 5 geological  parameters: Source rock, hydrocarbon charge, and  migration, reservoir, seal and trap Multi objective prospect How to cope with multi-objective prospect for evaluating  the global risk Risk dependency for multi objective prospect Post mortem evaluation after the exploration well  Prospect port-folio management Conclusions and recommendations Quiz

LECTURERS

This gage training is available in

If you require a classroom training or a video training we’ll put you in contact with the best professor teaching in the language of your choice.

Get In touch

    © 2022 All rights reserved