Learn what is increasingly becoming the standard methodology amongst major oil companies for screening basins and selecting blocks as well as to assemble and analysye a regional databse in a systematic manner and then maintain the analysis as new data is acquired. This is an advanced level course and participants would benefit from previous attendance at our Advanced Basin Analysis course, though this is not vital.
Key Learning Objectives
• Learn how to rapidly synthesize a regional database into a suite of coloured ‘Common Risk Segment’ maps to use these to identify the regions and blocks of highest potential in any basin.
• Learn how to save their companies millions of dollars in data acquisition costs by rapidly focusing on the most prospective parts of basins using public domain data.
• Learn how to deal with both risk and uncertainty and be able to cope with both good and poor datasets.
• Learn a methodology for rapidly screening acreage so as to respond to short term datelines such as license rounds.
• Learn how to extend the play fairway analysis into a ‘yet to find’ analysis assessing the remaining reserves in any basin.