Intensive Trainings
Assessment of Exploration Plays & Prospects
1st February 2027 - 4th February 2027
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Why Choose this Training Course
Assessment of exploration plays and prospects is a critical discipline for allocating capital, prioritising drilling opportunities, and managing exploration risk.
This fully updated exploration play assessment training course provides a modern, practical framework for evaluating exploration opportunities using quantitative and probabilistic techniques. Participants will learn how to estimate resource volumes, quantify geological uncertainties, and assess the probability of hydrocarbon accumulation in a consistent and repeatable way.
The exploration play assessment training compares leading industry methodologies with recommended best practices, enabling participants to choose the most appropriate approach for their organisation.
Through real-world case studies, exercises, and workshops, attendees will gain practical tools for evaluating plays and prospects, high-grading exploration portfolios, and improving investment decision-making.
We are also a proud member of the Energy Institute of UK.
Who Should Attend
- Exploration geologists
- Geophysicists
- Geochemists
- Reservoir engineers
- Petroleum economists
- Exploration planners & analysts
- Technical managers & decision-makers
Anyone involved in exploration investment decisions will benefit.
Key Learning Objectives
- Perform systematic pre-drill resource assessments
- Apply trap volumetrics and hydrocarbon charge methods
- Evaluate plays based on number and size distribution of prospects
- Quantify geological risks and uncertainties
- Estimate probability of success and risked volumes
- Compare prospects consistently across portfolios
- Identify high-value exploration opportunities
The course also provides insight for managers and reviewers in evaluating assessments, avoiding common pitfalls, and planning exploration programmes strategically.
