Geothermal Resource Decision Workshop – Virtual Hands-on Introduction
May 24-27 2021
9:00 am-5:00 pm CDT
Registration Fee: $1800USD
Un-employed Discount Fee: $900USD
Student Fee: $400USD
E-course Presented by PETROLERN LLC
During geothermal exploration and development, a resource team predicts reservoir properties and estimates uncertainty to support high-value decisions. This workshop simulates the decision process from geothermal prospect identification to power plant commitment. During the workshop, participants get immediate feedback on decision outcomes in order to improve prediction reliability and decision effectiveness. Teams of 3 to 5 participants complete hands-on exercises with support from expert coaches, ensuring progress regardless of participants’ backgrounds. Participants use real data to construct geothermal conceptual models, use these conceptual models to generate probabilistic outcomes for well targets and electrical power generation capacity, make decisions based on those predictions and economic constraints, and test those decisions against real outcomes. Interspersed among the exercises are lectures that introduce key concepts on geothermal geochemistry, geology, geophysics, the thermodynamics of water flow in rock, well temperature log and production test interpretation, decision risk assessment and economic criteria for decision making. This virtual, interactive, and hands-on workshop has received outstanding reviews by geoscientists and reservoir engineers from both the geothermal and petroleum industries. It is based on the Geothermal Resource Decision Workshop curriculum that has been used worldwide since 2000 for training geothermal industry professionals and within academic courses. The workshop demonstrates the application of current resource analysis technology and offers participants the opportunity to interact with geothermal industry experts. Each day concludes with a virtual social hour where participants have the opportunity to mingle with presenters and coaches to clarify concepts, discuss specialized interests or make contacts.
What You Will Learn:
Upon completion of the course, participants will:
Understand elements of conceptual models for different geothermal resource types and how resource type affects exploration strategy;
Rank exploration prospects based on key indicators;
Integrate the most decisive types of surface geoscience data to build geothermal deep circulation conceptual models used to predict well targets, resource capacity and uncertainty;
Make well design and targeting decisions based on resource predictions in the context of economic constraints;
Update conceptual models using the immediate feedback on well target success, geothermal well logs and well performance tests;
Appreciate realistic impacts of uncertainty and economic constraints on geothermal exploration programs, well design and resource capacity decisions.
Who Should Attend?
Geoscientists, engineers and managers who wish to better appreciate what geothermal resources are and how surface geoscience data, subsurface well data and production test data are integrated to support geothermal resource exploration decisions in the context of realistic conceptual models and economic constraints.
What You Will Receive:
A detailed course manual including all presentations and up-to-date reference materials
Resource capacity assessment Excel tool
References to books and publications relevant to the course materials