EXPLORATION

Upstream Monte Carlo workshop for Perth next week

A familiar face to oilfield types with a few years under the belt is Dr Frank Moseley, who will be hosting a one day workshop in Perth on the fundamentals of risk and risk-based decision making, using Monte Carlo Simulation. The workshop is to be held on Friday May 31.

Dr Moseley spent a number of years in the Australian oil and gas sector in the late 80's and early 90's. Attendees will receive templates for reserves calculations, wellcosts, log analysis, cash flow and a working copy for a week of Crystal Ball software. Lunch will also be provided. The cost is $420.00

Dr Moseley is on Perth on private business and industry is fortunate to have the opportunity to hear Dr Moseley present this workshop.

The workshop is coordinated by GeoStar Solutions Australia and booking details can be made by contacting Gerry McGann on gmcgann@geostarsolutions.com. At press time the location of the workshop had still to be confirmed but all details would be finalised within the next few days said McGann.

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