HGS CE Class: Risk Analysis of Geological Plays

In order to register, please click login to either sign in to an existing account or create a user profile. Go to the HGS home page and login with your user name and password and then return to this page in order to register as a member or guest of a member. For help registering contact the HGS office or email webmaster@hgs.org. Thank you!

This course serves as a companion and natural follow-up to R&A's successful course Risk  Analysis, Prospect Evaluation and Exploration Economics.  While The Prospect is the economic unit of exploration, The Play is the operational unit.   Accordingly, this course addresses what many authorities believe to be the most difficult and critical task in Petroleum Exploration:  the selection of plays and concessions in which to explore (to best help your company achieve its strategy).

Designed primarily for geologists, geophysicists, economists, planners and managers, this course teaches participants a play risk analysis methodology to consistently and systematically value a play based upon chance of success (play chance and prospect success rate), play resources, and costs associated with an operational plan.

Course Outline

  • Introduction
  • Review of Fundamental Principles of Prospect Risk Analysis
  • Petroleum System Ingredients and Geologic Tools for Play Analysis

  • Play Delineation

  • Field Size Distributions ‐ A Key Tool

  • Treatment of Chance ‐ Plays vs. Prospects

  • The Process: Risk Analysis for Plays

  • Lease Acquisition Strategy

  • Play Analysis Lessons Learned and Conclusions

November 2nd, 2009 9:00 AM   through   4:00 PM
Speaker Info
Speaker Title
Speaker Company
Speaker Bio
Event Attachments
Speaker Lineup
Sponsorship Opportunities
Vendor Form
Additional Info
Additional Info 2
Additional Info 3
Additional Info 4
Event Contact
Contact Phone
contact Email

If this event is specific to a Committee, select the committee here, so the event will ONLY be listed on that committees calendar.

Event Filter Informations
Event Owner
Event Categories
Event Image

Help spread the word

Please help us and let your friends, colleagues and followers know about our page: HGS CE Class: Risk Analysis of Geological Plays

You can also share the below link in an email or on your website.