ECONOMIC and RISK ANALYSIS APPLIED to PETROLEUM ENGINEERING - RECENT DEVELOPMENTS and APPLICATION EXAMPLES
Even though risk analysis has tremendous potential to be applied on various aspects of common problems in petroleum engineering, its use is not as widespread as it could be. The presentation shows some practical applications covering areas of well engineering, drilling/completion and reservoir. The reason for presenting examples of such diverse areas is to emphasize the broad range of applications available.
Emphasis of the presentation will not be on the petroleum engineering technical aspects of the examples, but instead on the methodologies available to incorporate risk analysis techniques into the solution of practical problems faced by the industry. Examples presented are mostly from actual industry applications.
Specific applications can be developed to deal with uncertainties existent in a variety of common problems, including well budgeting, special oilwell operations, estimation of reserves, oil and gas field development, the feasibility of waterflooding projects, production forecast, etc.
Please register prior to the event to facilitate improved planning and admission. Walk-ins will be accepted on a first come/ first serve basis as space allows.
YANKEE POT ROAST
If you have special dietary needs (diabetic, religious, allergies, etc.) please include a note of your meal needs during the on-line registration process in the box labeled "Optional comments for the event planner".
Valet parking is available at the ExxonMobil Building for $7.00 (on the Leeland Streetside of the building). You may also park in the public parking lots around the ExxonMobil Building for fees that are generally in the $5 - $7 range.
PETROLEUM CLUB OF HOUSTON
800 BELL STREET
HOUSTON , TEXAS 77002