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Appraisal Project & Decision Methods

Learning: Calculate HCIIP uncertainty range, identify & quantify VOI

  • Ended
  • 1,500 US dollars
  • Online or inhouse

Service Description

How do you decide if a hydrocarbon discovery needs appraisal? Building on a participants industry experience, this course will strengthen a professionals ability to identify and quantify the value of information justifying appraisal. Through a case study, participants will evaluate a discovery calculating the range of uncertainty, illustrate options via decision trees, finally design and plan an appraisal programme with the help of ALECA. Topics covered: Discovery range of HCIIP, risk register - communicate uncertainty, multi-disciplinary collaboration & communication, update of minimum economic field size (MEFS), analogues, decision tree, ALECA project management & modules

Contact Details


2, Lorong Binjai, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

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  • Call ALECA, +6019-652-5322
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The cloud-based system connecting all disciplines to weigh sustainability equally!

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