Abstracts

• 55963 Play Based Exploration Strategies Petroleum exploration business development (new ventures) aims to select the “best” acreages available in a basin for seismics and the subsequent drilling projects. “Best”, at the first instance, may mean the optimality of geological risks, discoverable resource rewards and exploration expenditures. Play Based Exploration Strategies
  Play Based Exploration Strategies
• 55962 Play Fairway and Common Risk Segment Mapping Common Risk Segment (CRS) maps demonstrate the spatial distribution of the inherent geological risk of having a “working petroleum system” within the accumulation zone of a Petroleum Play. CRS mapping is a technique, commonly used by oil companies, to evaluate the petroleum potential of a sedimentary basin. Play Fairway and Common Risk Segment Mapping
  Play Fairway and Common Risk Segment Mapping
• 41356 Practices of Exploration Project Economic Evaluations The lecture attempts to bridge the gap between petroleum geosciences and oil business economics. There are three major distinctive features which make the evaluation of petroleum exploration projects unique compared to other “standard” economic models. Practices of Exploration Project Economic Evaluations
  Practices of Exploration Project Economic Evaluations
• 55964 Resources Estimation and Reserves Evaluation Estimation of in-place and recoverable resources as well as the evaluation of reserves are among the key processes in the oil and gas business. The lecture introduces the fundamental knowledge on terminologies and methodologies for students. Resources Estimation and Reserves Evaluation
  Resources Estimation and Reserves Evaluation