E&P Geoscience, LLC is proud to announce the professional industry training course “A Practical Guide to Hydrocarbon Volume Calculation and Risking”. This one day course taught by Dr. Erik Scott will take participants through the considerations needed when calculating in-place hydrocarbons and the chance of finding it. The mechanics of calculating volumes will be covered, however the focus of the course is on understanding how to determine appropriate rock and fluid property input ranges, implications of the different methods of volume calculation and how the output volumes are modified. We will also relate the output range of hydrocarbon volumes with different types of risk involved with the oil and gas industry. We will conclude with a discussion on how the volumes and risk numbers are used in economic analysis.
As with all of the courses that E&P Geoscience, LLC runs, the emphasis of this course is to give participants the knowledge and skillset that will directly apply to their daily work. Our offered courses are all based on the real world experience of senior geoscientists and the successful workflows that have been developed over those years to accurately characterize the subsurface.