
In the lecture, we will explore the idea of a prospect and identify the elements that must be taken into account. In conjunction with this, Exercise #1 includes a list of 20 prospects, and you are required to make a decision based on the budget at hand.
Here is your challenge:
You have a drilling budget of $400 million.
The headquarters has set a goal for you to discover 500 million barrels of oil.
You want to keep the cost per barrel as low as possible (< $1.00/barrel).
This lecture begins with a discussion of the trap type and its formation process. Subsequently, determine an initial estimate of the oil volume that may be held within the Alpha and Beta prospects by applying various advanced reservoir volume equations along with typical rock and fluid properties.
Gross Rock Volume
Reservoir Volume
Pore Volume
In-Place Volume
In-Place – Barrels
Expected Ultimate Recovery (EUR) – Unrisked
Expected Ultimate Recovery (EUR) – Risked
The resource section contains the program prerequisites, software setup, and data (seismic, well log, Horizon, faults, and composite logs). Learners are free to download the materials and use them in accordance with the hands-on lectures.
I have attached the lecture slides for the video instruction as well. It will assist you in concentrating on each step with a detailed examination.
This lecture explains how we can identify the prospect. Additionally, I have included the research paper in which these results are published. Additional information can be found in the research paper.
Prospect 2 is detailed in this lecture titled "Coaly Sandstones above the Zechstein salt: Volume Assessments". This will guide your interpretation with maximum confidence.
Dear Geoscientist,
Congratulations on reaching this section.
After completing the course, the participant will be able to download a free book titled "Seismic Imaging Methods and Application for Oil and Gas Exploration" which connects the legacy of field data processing and imaging with new research methods using diffractions and anisotropy in the field of geophysics. Topics covered include seismic data acquisition, seismic data processing, seismic wave modeling, high-resolution imaging, and anisotropic modeling and imaging. This book is a necessary resource for geophysicists working in the oil and gas and mineral exploration industries, as well as for students and academics in exploration geophysics.
Please share the completion certificate on your LinkedIn profile and Tag me there, I can send the book directly or you can click on the link below to get access to the book.
Kind Regards,
Dr. Yasir
This course provides a practical and industry-focused introduction to seismic interpretation and hydrocarbon prospect maturation, combining classical and advanced Interpretational techniques. We provide the software and data for learners to practice together with the instructor. It is designed to help learners develop the technical skills required to interpret seismic data, evaluate hydrocarbon prospects, and support exploration decisions in real-world workflows.
The objective of the course is to make students capable of understanding the complete seismic interpretation workflow, including the identification of structural and stratigraphic traps, reservoir characterization, and prospect evaluation. The course covers essential seismic attributes such as Amplitude Variation with Offset (AVO), Direct Hydrocarbon Indicators (DHIs), spectral decomposition, and geometric attributes, etc., enabling you to analyze subsurface features and reduce exploration uncertainty.
Another component of the course is machine learning in geoscience with examples. You will explore how machine learning techniques can be applied to seismic facies classification, pattern recognition, and predictive analysis, enhancing interpretation accuracy.
By the end of this course, you will be able to:
Interpret seismic data using industry-standard workflows together with software experience.
Apply seismic attributes to identify reservoirs and hydrocarbon indicators.
Integrate machine learning concepts from examples into seismic interpretation.
Evaluate hydrocarbon prospects and support exploration decision-making.
Strengthen your technical profile for careers in geophysics and energy-related fields.
This course is ideal for professionals and students who want to bridge the gap between geophysics & geology into practical exploration applications, and who aim to develop skills relevant to the modern energy industry.