{"id":2589,"global_id":"www.erexegypt.com\/wp?id=2589","global_id_lineage":["www.erexegypt.com\/wp?id=2589"],"author":"1","status":"publish","date":"2023-07-17 13:05:23","date_utc":"2023-07-17 13:05:23","modified":"2026-04-14 10:37:57","modified_utc":"2026-04-14 10:37:57","url":"https:\/\/www.erexegypt.com\/wp\/short-course\/prospect-risk-analysis-decision-tree-and-economics\/","rest_url":"https:\/\/www.erexegypt.com\/wp\/wp-json\/tribe\/events\/v1\/events\/2589","title":"Prospect Risk Analysis, Decision Tree and Economics","description":"

Course & Workshop<\/span><\/big><\/h2>\n

May 10-14, 2026<\/span> <\/big><\/h2>\n

Instructor: Z. AWAD Ph.D.<\/big><\/h2>\n

 <\/p>\n

Who Should Attend<\/span><\/h1>\n

The course is designed for reservoir, and completion engineers, operation and exploration geologists, log analyst, geophysicists and development staff.<\/p>\n

Course Outlines<\/span><\/h1>\n

1- Basin and Play Evaluation Procedure.<\/p>\n

2- Play Assessment.<\/p>\n

3- Method of Play Assessment:
\n– Prospects summation.
\n– Single-valued fields number and size assessment.
\n– Oil in Place and Recoverable reserves assessment.
\n– Mean reserves assessment.<\/p>\n

4- Mean Assessment of a Play:
\n– Requirements for assessment.
\n– Risk and uncertainity in Play assessment.
\n– Procedure for Play assessment.
\n– Minimum and maximum field sized.
\n– Potential field number and success ratio.
\n– Prospect size distribution.
\n– Play chance.
\n– Mean reserve estimation and assessment of results.<\/p>\n

5- Petroleum System Evaluation:
\n– Elements and processes.
\n– Timing of hydrocarbon generation\/migration versus trap formation.
\n– Techniques for timing evaluation.
\n– Assessment of results.
\n– Prospect Ranking.<\/p>\n

6- Forecasting Field Size to be Discovered.<\/p>\n

7- Decision Tree – Exercises<\/p>\n

Location<\/span><\/h1>\n

First day will be held at the Holiday Inn Maadi Hotel, in Cairo. The participants will fly the next day to Hurghada. The course will be continued in Hurghada.<\/p>\n

 <\/p>\n

Course Fees<\/span><\/h1>\n

Inclusive of refreshment and lunch at the Holiday Inn Maadi Hotel. Air Ticket Cairo\/Hurghada return and accommodation in Hurghada.<\/p>\n

 <\/p>\n

Instructor Profile<\/span><\/h1>\n

Dr. M. Zayed Awad <\/b> is a former President of Ministry of Petroleum of Sudan and President of Sudan Petroleum Company (Sudapet) . Dr. Zayed has over 30 years of, teaching experience in the oil industry and universities. Dr. Zayed joined the basin study research group of the Technical University of Berlin in Germany in 1986 where he obtained his Ph.D. in 1996. Dr. Zayed was then appointed as an assistant professor at the University of Khartoum.<\/p>\n

In 1997 he joined the Exploration and Production Authority of Sudan. He worked on block promotion. In 1998 he joined the Greater Nile Petroleum Operating Company (GNPOC) as a senior geologist with the Basin Study Group in Calgary, Canada, appointed as a team leader. He is also a mentor in utilizing stratigraphy as an effective tool in Exploration, in Petroleum System Analysis, and in Play Evaluation.<\/p>","excerpt":"","slug":"prospect-risk-analysis-decision-tree-and-economics","image":false,"all_day":true,"start_date":"2026-05-10 00:00:00","start_date_details":{"year":"2026","month":"05","day":"10","hour":"00","minutes":"00","seconds":"00"},"end_date":"2026-05-14 23:59:59","end_date_details":{"year":"2026","month":"05","day":"14","hour":"23","minutes":"59","seconds":"59"},"utc_start_date":"2026-05-10 00:00:00","utc_start_date_details":{"year":"2026","month":"05","day":"10","hour":"00","minutes":"00","seconds":"00"},"utc_end_date":"2026-05-14 23:59:59","utc_end_date_details":{"year":"2026","month":"05","day":"14","hour":"23","minutes":"59","seconds":"59"},"timezone":"UTC+0","timezone_abbr":"UTC+0","cost":"","cost_details":{"currency_symbol":"","currency_code":"","currency_position":"prefix","values":[]},"website":"","show_map":true,"show_map_link":true,"hide_from_listings":false,"sticky":false,"featured":false,"categories":[],"tags":[],"venue":{"id":607,"author":"1","status":"publish","date":"2022-01-16 13:29:53","date_utc":"2022-01-16 13:29:53","modified":"2022-01-16 13:29:53","modified_utc":"2022-01-16 13:29:53","url":"https:\/\/www.erexegypt.com\/wp\/venue\/hurghada\/","venue":"Hurghada","slug":"hurghada","city":"Hurghada","country":"Egypt","json_ld":{"@type":"Place","name":"Hurghada","description":"","url":"","address":{"@type":"PostalAddress","addressLocality":"Hurghada","addressCountry":"Egypt"},"telephone":"","sameAs":""},"show_map":true,"show_map_link":true,"global_id":"www.erexegypt.com\/wp?id=607","global_id_lineage":["www.erexegypt.com\/wp?id=607"]},"organizer":[{"id":2591,"author":"1","status":"publish","date":"2023-07-17 13:05:23","date_utc":"2023-07-17 13:05:23","modified":"2023-07-17 13:05:23","modified_utc":"2023-07-17 13:05:23","url":"https:\/\/www.erexegypt.com\/wp\/organizer\/z-awad-ph-d\/","organizer":"Z. AWAD Ph.D.","slug":"z-awad-ph-d","json_ld":{"@type":"Person","name":"Z. AWAD Ph.D.","description":"","url":"","telephone":"","email":"","sameAs":""},"global_id":"www.erexegypt.com\/wp?id=2591","global_id_lineage":["www.erexegypt.com\/wp?id=2591"]}],"json_ld":{"@context":"http:\/\/schema.org","@type":"Event","name":"Prospect Risk Analysis, Decision Tree and Economics","description":"<p>Course & Workshop May 10-14, 2026 Instructor: Z. AWAD Ph.D.   Who Should Attend The course is designed for reservoir, and completion engineers, operation and exploration geologists, log analyst, geophysicists<\/p>\\n","url":"https:\/\/www.erexegypt.com\/wp\/short-course\/prospect-risk-analysis-decision-tree-and-economics\/","eventAttendanceMode":"https:\/\/schema.org\/OfflineEventAttendanceMode","startDate":"2026-05-10T00:00:00+00:00","endDate":"2026-05-14T23:59:59+00:00","location":{"@type":"Place","name":"Hurghada","description":"","url":"","address":{"@type":"PostalAddress","addressLocality":"Hurghada","addressCountry":"Egypt"},"telephone":"","sameAs":""},"organizer":{"@type":"Person","name":"Z. AWAD Ph.D.","description":"","url":"","telephone":"","email":"","sameAs":""},"performer":"Organization"}}