During this course, participants will learn about the types of unconventional resources and the similarities between tight gas, coalbed methane, and shale gas. The lifecycle and key parameters of unconventional plays will be discussed in order for participants to gain an understand of how to model the economic viability of a potential development. This modeling process will incorporate the benefits of the latest industry knowledge on unconventional resource development, such as sweet spot identification, well planning, drilling, and completions, and incorporation of risk and uncertainty, in order to analyze the potential for profitability.
The participants will gain an overview of worldwide unconventional activity, the ability to understand best practices for development, and the process for identifying key risks and uncertainties. In addition, a proven process for modeling the economics of unconventional resource development, including the use of dynamic decision trees, will be covered.
This course uses Excel.
Course Dates - October 26 - 29, 2026
Location - Houston, TX
Audience
Geoscientists, Engineers, Commercial team members, or Managers who need to model and analyze the business impact of unconventional resources.
Prerequisite
A working knowledge of project economics or a foundation level course in Petroleum Economics.
