Play-Based Assessment of Unconventional Opportunities

USD $1,398.00

This course focuses on the assessment of unconventional plays and the identification of initial well locations within them. The course is centered around a seven-stage exercise in a shale play where participants 1) build maps to spatially quantify in-place oil/gas richness per square mile, 2) identify target acreage by overlaying maps with components affecting producibility, and 3) estimate play chance, establish value for candidate blocks, and formulate an entry strategy. The goal is to expose participants to all the key concepts and steps in the unconventional play-based assessment process, and then apply these to a real-life competitive bidding situation.

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