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  • 3-D Seismic Interpretation

    Contains 2 Component(s), Includes Credits

    Interpret a 3-D seismic survey using seismic sections and time slices to interpret horizons and faults.

    Description:

    Interpret a 3-D seismic survey using seismic sections and time slices to interpret horizons and faults. Display an understanding of the use of time slices, horizon slices and other 3-D techniques play in 3-D interpretation. Identify common horizon auto-picker parameters and their effects. Enumerate criteria for picking faults on time slices. Describe various 3-D survey display options. Describe creation and uses of horizon slices. List parameters for amplitude extraction of a 3-D horizon. 

    Duration:  8 hours

    Content:

    • Structural Interpretation
    • Stratigraphic Interpretation
    • Special Techniques to support the structural and stratigraphic interpretation
    • Amplitude Extractions 



    0.8 CEUs offered.

    Members : USD 115.00

    Non-members : USD 150.00


  • Seismic Attributes and Direct Hydrocarbon Indicators (DHI)

    Contains 2 Component(s), Includes Credits

    Evaluate seismic attribute sections to enhance conventional seismic interpretation.

    Description:

    Evaluate seismic attribute sections to enhance conventional seismic interpretation. Identify the seismic effects of a 'bright spot' anomaly and their physical cause. Describe the Amplitude Vs. Offset (AVO) effect and the physics that govern the response. List the attributes of the Hilbert Transform and their mathematical formulation. List possible effects to seismic amplitude response on 'Bright Spot' prospect. Describe AVO response and its causes. Explain the limitations of AVO response. Review Hilbert transform attributes. Describe work flow for evaluating attribute effectiveness. 

    Duration:  8 hours

    Content:

    • Actual reservoir level AVO Modeling
    • Actual reservoir level AVO Analysis
    • Discovering new prospective levels using AVO analysis
    • Processing Sequence and Amplitude QC
    • Amplitude Analysis (Stacked Domain)



    0.8 CEUs offered.

    Members : USD 115.00

    Non-members : USD 150.00


  • Petrophysical Evaluation

    Contains 2 Component(s), Includes Credits

    Determine rock and fluid properties using open hole logs, mud logs, cuttings and core data.

    Description:

    Determine rock and fluid properties using open hole logs, mud logs, cuttings and core data. Evaluate lithology, mineralogy, fluid distribution, temperature and pressure gradients including rock quality. Define key petrophysical properties and their significance. Describe the operating principles, capabilities, limitations and areas of application of commonly used open hole logging devices. Describe basic response and limitation of each log type. Validate log response using core and well cuttings.

    Duration:  8 hours

    Content:

    • Evaluation Program
    • Quick Look Evaluation
    • Gama 1 Quick Look Interpretation



    0.8 CEUs offered.

    Members : USD 115.00

    Non-members : USD 150.00


  • Interpretation of Well Logs

    Contains 2 Component(s), Includes Credits

    Use electromagnetic, radioactive, acoustic and other logs to infer stratigraphic and structural characteristics of subsurface formations.

    Description:

    Use electromagnetic, radioactive, acoustic and other logs to infer stratigraphic and structural characteristics of subsurface formations. Determine basic properties of a potential reservoir. Describe common log responses for source, reservoir and seal units. Describe common log patterns and their facies equivalent. Apply basic log interpretation methods to determine porosity, permeability, fluid saturation and boundaries for reservoir description. Make a preliminary estimate of reserves using Well 1 and analog field parameters. 

    Duration:  8 hours

    Content:

    • Gama 1 Conclusions and Recommendations
    • Gama 2 Evaluation
    • Gama 3 Evaluation
    • Gama 4 Evaluation



    0.8 CEUs offered.

    Members : USD 115.00

    Non-members : USD 150.00


  • Reservoir Geology

    Contains 2 Component(s), Includes Credits

    Generate a geological reservoir model. Define reservoir in terms of continuity, lithology, facies distribution, structural geometry and style.

    Description:

    Generate a geological reservoir model. Define reservoir in terms of continuity, lithology, facies distribution, structural geometry and style. Using the petrophysical parameters developed from well log analysis, estimate the original oil and gas volume in place. Establish geological reservoir model define, objectives and modeling tasks. Review reservoir architecture, reservoir properties and their distribution, and integrate for construction of a static geological model. Integrate seismic horizons and facies into the geological model. Estimate original hydrocarbons in place.

    Duration:  8 hours

    Content:

    • The Exploration Discovery Well (Gama 1)
    • The Appraisal Well (Gama 2)
    • The Follow Up Wells (Gama 3 & Gama 4)
    • The Volumetric Calculation



    0.8 CEUs offered.

    Members : USD 115.00

    Non-members : USD 150.00


  • Reservoir Geophysics

    Contains 2 Component(s), Includes Credits

    Analyze and interpret seismic and geological information for the purpose of reservoir description.

    Description:

    Analyze and interpret seismic and geological information for the purpose of reservoir description. Convert seismic time horizons to depth, based on well and seismic velocities. Evaluate seismic facies and their depositional environment in order to produce analogs of their potential reservoirs. Analyze seismic interpretation to determine best methodology for depth conversion. Present Pros and Cons of different depthing approaches. Select depositional model analog that best fits the regional and seismic facies characteristics. Evaluate seismic facies with reservoir properties determined from wells, to gain insight to reservoir property distribution.

    Duration:  8 hours

    Content:

    • SI Units
    • Polarity Conventions
    • Check-shot Surveys
    • Velocities
    • Time-to-depth conversion
    • Synthetic seismograms and well-to-seismic match
    • Vertical Seismic Profile
    • Construction & Interpretation of a Drift Curve



    0.8 CEUs offered.

    Members : USD 115.00

    Non-members : USD 150.00


  • Exploration Geostatistics

    Contains 2 Component(s), Includes Credits

    Use statistical methods to describe the characteristics of the hydrocarbon-bearing system.

    Description:

    Use statistical methods to describe the characteristics of the hydrocarbon-bearing system. Validate the description by comparing data with reservoir analogs. Establish supporting trends for predicting properties in both drilled and non-drilled areas. Characterize dependence among multiple variables. Describe risk and uncertainty using probabilistic distributions. Apply preliminary statistical analysis methods to geological data. Apply conventional techniques to validate reservoir data and trend maps. Demonstrate an understanding of risk and uncertainty in probabilistic distributions. Build single model variograms for simple reservoir properties. Apply basic Krigging techniques to generate representative reservoir parameter maps.

    Duration:  8 hours

    Content:

    • Preliminary Statistical Analysis
    • Validate Reservoir Data
    • Property Modelling
    • Facies Modelling
    • The Static Volume Model
    • The Dynamic Model



    0.8 CEUs offered.

    Members : USD 115.00

    Non-members : USD 150.00


  • Exploration Process

    Contains 2 Component(s), Includes Credits

    Upon complication of this module, the learner will be able to learn the progressively more expansive data collection and analysis steps that are applied to an exploration opportunity from the negotiation of a host country agreement to the request for funds to move to Field Development Planning, learn how the exploration process involves making decisions to acquire data under conditions of uncertainty (value of information), learn how exploration and appraisal wells are located to delineate a prospect, learn how resources are estimated using the SPE system under conditions of uncertainty, generate prospect economics based on estimated reserves and project economic indicator, and learn how to assess geological risk.

    Description:

    Learn the technical and management steps that are followed to move an exploration opportunity from play to a prospect by applying a series of progressively expensive data collection steps beginning with aerial or satellite imaging, then gravity and magnetic surveys, seismic surveys, exploration and appraisal well drilling, reservoir characterization, resources estimation and economic analysis. Upon complication of this module, the learner will be able to: learn the progressively more expansive data collection and analysis steps that are applied to an exploration opportunity from the negotiation of a host country agreement to the request for funds to move to Field Development Planning, learn how the exploration process involves making decisions to acquire data under conditions of uncertainty (value of information), learn how exploration and appraisal wells are located to delineate a prospect, learn how resources are estimated using the SPE system under conditions of uncertainty, generate prospect economics based on estimated reserves and project economic indicator, and learn how to assess geological risk.

    Duration:  8 hours

    Content:

    • From Play to Prospect
    • Exploration Data
    • Drilling the Exploration Well
    • Drilling the Appraisal Well
    • Resource Estimation



    0.8 CEUs offered.

    Members : USD 115.00

    Non-members : USD 150.00


  • Project Economics, Risk, and Uncertainty Analysis

    Contains 2 Component(s), Includes Credits

    The objectives of this course are to introduce the learner to: analyze the economics of a prospect under conditions of uncertainty, build deterministic and stochastic models, build E&P financial models to demonstrate project cash flow, calculate project economic metrics including profit/investment ratios, profit, payout period, net present value, internal rate of return and expected monetary value, and prepare sensitivity and stochastic analysis to measure potential variations in project metrics.

    Description:

    Perform economic analysis of petroleum projects under conditions of uncertainty. Develop simple examples of project metrics using spreadsheet monte carlo simulations for stochastic analysis. Build financial models to show project cash flow streams for both capital investment and income cash flow and calculate key metrics such as profit/investment ratio, profit, payout period, net present value, internal rate of return and expected monetary value. Where there are uncertainties in the variables, use standard software to prepare sensitivity and stochastic analysis to show the potential variations in the metrics because of these uncertainties. The objectives of this course are to introduce the learner to: analyze the economics of a prospect under conditions of uncertainty, build deterministic and stochastic models, build E&P financial models to demonstrate project cash flow, calculate project economic metrics including profit/investment ratios, profit, payout period, net present value, internal rate of return and expected monetary value, and prepare sensitivity and stochastic analysis to measure potential variations in project metrics. 

    Duration:  8 hours

    Content:

    • Investment Cash Flow Analysis
    • Net Income and Income Cash Flow Analysis; Net Cash Flow Analysis
    • Calculating NPV, IRR and Capital Efficiency
    • Measuring Uncertainty Using the Deterministic Estimates; the Tornado Diagram; the Monte Carlo Simulation
    • Project Metrics When Using Debt to Fund One-Half of the Capital Costs
    • Analyzing Uncertainty When a Project is Debt Funded
    • Your Personal Opinion on Recommending that the Oceana Exploration Wells be Drilled



    0.8 CEUs offered.

    Members : USD 115.00

    Non-members : USD 150.00


  • Value of Information

    Contains 2 Component(s), Includes Credits

    The objectives of this course are to: measure the value of data vs. the cost to acquire the data, determine multiple data acquisition scenarios that can accomplish the goals and measure their impact on the prospects economics, and understand the cost-benefit decision process and exploration uncertainty in making both technical and business decisions.

    Description:

    The learner will analyze the economic "value of information" that can be achieved during the exploration process by applying various technologies at progressively higher costs to reduce uncertainty, thereby providing better estimates during the decision process. The objectives of this course are to: measure the value of data vs. the cost to acquire the data, determine multiple data acquisition scenarios that can accomplish the goals and measure their impact on the prospects economics, and understand the cost-benefit decision process and exploration uncertainty in making both technical and business decisions.

    Duration:  8 hours

    Content:

    • Value of Perfect Information
    • Value of Imperfect Information
    • Analyzing Decision Tree



    0.8 CEUs offered.

    Members : USD 115.00

    Non-members : USD 150.00