The oil and gas industry will always face uncertainties. Managing uncertainties is a critical process as the industry increases cost efficiency, and the petroleum system condition continues to become more complex. Therefore, the integration of all subsurface uncertainties is crucial to achieve the best hydrocarbon prediction methods. Industry experts will gather to share their experiences and insights in understanding and managing these uncertainties from various play types in the Asia Pacific region and other surrounding areas.
This meeting provides an opportunity to:Â
- discuss differentiation on the approach of handling risks.
- learn from experts in managing various types of uncertainties.
- view how successful companies approach uncertainty issues.
- assess case studies on the risk and uncertainties evaluation methods
Quantifying uncertainty in the position and volume of hydrocarbon plays is critical for hydrocarbon in-place volume assessments, finalizing drilling plans, field development strategies, production forecasts, and hence reserves estimates
As a forum for discussing the science behind uncertainty analysis, this meeting will showcase best practices in managing uncertainties in basin-scale context to a reservoir-scale unit. Additionally, this two-day event will bring together E&P professionals to share the latest development in resource management for the oil and gas industry. This ensures a strong technical program with laser-focused presentations on best practices, lessons learned, and case studies.
Who Should Attend
This event is for anyone who is involved with making quality decisions about the development of subsurface hydrocarbon accumulations.