Description
FIND OUT MORE: http://www.spe.org/events/hees/2016/pages/schedule/training_courses.php
In this course, you’ll learn to apply risk and uncertainty management principles to decision quality analysis in the development of oil and gas reserves. On the first day, we set the background with statistics and probabilities, estimating under uncertainty and probabilistic reserves estimation principles. The second day features ways to determine the chance of geological and commercial success, and the use of decision trees to assess the value of new information.