Experience shows that our subsurface models may have large inaccuracies. A prospect may have a much different size than predicted. Formation tops, faults or salt bodies may show up too early or late compared with the well plan. Predicted geomechanical properties may not agree with what is encountered. All these continue to play a major factor in exploration priorities and risk management. 

In this workshop we will focus on how to quantify these uncertainties, representing the subsurface as a stochastic model rather than a single deterministic model as we typically do today. Understanding these uncertainties and their roots will also help device ways of reducing them. As such, we want to emphasize the seismic and non-seismic tools, well data, applications, and case histories available to the industry.

Programme: