Specialised Technical Course

Uncertainty and Risk Analysis in Petroleum System Modeling

Develop a structured approach to assessing uncertainty, sensitivity and risk in petroleum system modelling.

AreaGeochemistry & Modeling
LevelTechnical
DeliveryOnline, On-site or Hybrid
LearningTheoretical & Practical
DurationConfirmed by Programme

Course Overview

Examines uncertainty in petroleum system models and its effect on exploration risk. Participants assess model inputs, sensitivity and alternative geological scenarios.

Who This Course Is For

  • Petroleum system modellers reviewing assumptions
  • Exploration geoscientists assessing modelled charge
  • Geochemists contributing model input evidence
  • Technical teams comparing geological scenarios

What Participants Will Learn

Define uncertainties relevant to petroleum system decisions

Assess model input ranges and evidence quality

Plan sensitivity comparisons for selected model inputs

Interpret scenario differences and their risk implications

Prioritise model uncertainties using sensitivity evidence

Key topics

  • Input uncertainty
  • Sensitivity analysis
  • Geological scenarios
  • Risk interpretation
Petroleum System Decision Context

Petroleum System Decision Context

Module overview

Define the modelling question and the uncertainties relevant to exploration decisions.

Key topics

Input uncertainty · Sensitivity analysis · Geological scenarios · Risk interpretation

Learning outcome

Participants can define uncertainties relevant to petroleum system decisions.

Learning format

Technical explanation · worked examples · guided exercise

Input Evidence and Ranges

Input Evidence and Ranges

Module overview

Review input evidence, parameter ranges and dependencies between assumptions.

Key topics

Input evidence · Parameter ranges · Assumption dependencies

Learning outcome

Participants can assess model input ranges and evidence quality.

Learning format

Technical explanation · worked examples · guided exercise

Sensitivity Study Design

Sensitivity Study Design

Module overview

Plan comparisons that reveal the influence of selected model inputs.

Key topics

Sensitivity objectives · Comparison design · Influential inputs

Learning outcome

Participants can plan sensitivity comparisons for selected model inputs.

Learning format

Technical explanation · worked examples · guided exercise

Scenario and Risk Interpretation

Scenario and Risk Interpretation

Module overview

Compare geological scenarios and explain their effect on modelled risk.

Key topics

Geological scenarios · Output comparison · Risk implications

Learning outcome

Participants can interpret scenario differences and their risk implications.

Learning format

Technical explanation · worked examples · guided exercise

Practical Uncertainty Assessment

Practical Uncertainty Assessment

Module overview

Review a model study and prioritise uncertainties requiring further evidence.

Key topics

Study review · Uncertainty priorities · Evidence needs

Learning outcome

Participants can identify influential uncertainties and plan a petroleum system sensitivity study.

Learning format

Lectures, modelling examples and a risk workshop

Programme Information

Course duration, location, practical components, training-centre information and applicable certification arrangements depend on the selected programme.

Learning format: Lectures, modelling examples and a risk workshop

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