Reservoir Economics and Risk Analysis
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This workshop delivers practical insights into reservoir economics and risk analysis, equipping participants with the tools to evaluate project value, assess uncertainties, and make informed investment decisions. The session emphasizes integrating economic principles with technical data to support sound planning and sustainable field development.
Workshop Objectives
• Understand key economic concepts applied to reservoir evaluation.
• Learn methods to model cash flows, reserves, and project profitability.
• Explore techniques for identifying and quantifying risks and uncertainties.
• Apply risk-adjusted decision-making to real-world reservoir scenarios.
About the Presenter
The workshop will be led by an experienced industry professional with a strong background in reservoir engineering, economics, and risk management. With extensive project and training experience, the presenter offers practical guidance to help participants link technical analysis with economic decision-making for improved project outcomes.
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For PEA Members Only
Machine Learning for Drilling Engineering with Python
Drilling generates huge amounts of data — but most of it sits unused. This hands-on workshop shows you how to turn that data into better decisions using Python and machine learning.Over the sessions, you'll work with real drilling datasets to build models that predict problems before they happen — stuck pipe, ROP optimization, bit wear, formation changes, and more. No heavy math theory. You write code, run it on actual data, and see the results.By the end, you'll have working Python scripts you can adapt to your own field data, plus a clear understanding of where ML adds value in drilling and where it doesn't.Built for drilling engineers, not data scientists. If you can read a drilling report, you can follow this course.