A hands-on introduction to doing quality assured and consistent evaluation of play risks and yet-to-find potential using GeoX. The course combines a review of the basics of play-fairway evaluation with effective use of GeoX. It covers alternative approaches to modelling field size distribution of postulated potential accumulations, small field fractions as well as aggregation of part-plays with risk and volume dependency.
Duration: 1 day
Prerequisites: Knowledge of exploration risk and resource estimation is required. Introductory knowledge of the mechanics of using GeoX is useful. It is also useful to have some background in probabilistic analysis.
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