01-01 – Welcome & Course Outline
01-02 – Why Is Risking Important?
01-03 – The Basic Idea
01-04 – A Thought Experiment
01-05 – Why Probability Is Hard
02-01 – The Language of Statistics
02-02 – Marginal Probability
02-03 – Joint Probability
02-04 – Conditional Probability
02-05 – P(success) & P(failure)
02-06 – Distributiona
02-07 – Pdfs vs. Cdfs
02-08 – Monte Carlo Analysis
02-09 – Key Takeaway
02-10 – Probability as Related to Risking
02-11 – Data for Property Distributions
02-12 – Identifying Distributions
02-13 – Area Distribution
03-01 – What Is The Hydrocarbon System?
03-02 – Structure / Trap
03-03 – Seal
03-04 – Reservoir
03-05 – Source Rock Presence And Maturity
03-06 – Migration
03-07 – Considerations For Risking
03-08 – Key Takeaway
03-09 – Other Risks
03-10 – Risking By System Component
04-01 – What Are Risking Frameworks
04-02 – Risking Prospects
04-03 – Milikov’s Risking Framework
04-04 – Risk Tables & Framework For Structure
04-05 – Framework For Seal
04-06 – Framework For Reservoir Presence
4.07 – Framework For Source Presence And Maturity
4.08 – Framework For Migration
4.09 – Building Your Own Framework
4.10 – Key Takeaways And Example
5.01 – De-Risking And Reducing Uncertainty
5.02 – Common Risks In A Portfolio
5.03 – Key Takeaway
6.01 – Volumetric Calculations
6.02 – Volumetrics With Ranges
6.03 – Key Takeaway
7.01 – Risked Volumes: The Wrong Way
7.02 – Risked Volumes: The Right Way
7.03 – Key Takeaway
8.01 – Example Scenario
8.02 – Shared Vs. Independent Risks
8.03 – Common Approaches
8.04 – Calculating Shared Risk
8.05 – Key Takeaway
9.01 – Evaluating A Portfolio
9.02 – Portfolios In Big Companies
9.03 – Creaming Curves
9.04 – Portfolios In Small Companies
9.05 – Considerations In Evaluating Portfolios
9.06 – Key Takeaway
10.01 – Communicating Risk
11.01 – Three Takeaway Messages
12-01- Tools Required
12-02 – Hands On Examples – Overview
12-03 – Hands-On Example 1 – Shiraz Metadata
12-04 – Hands-On Example 1 – Shiraz Risking
12-05 – Hands-On Example 1 – Shiraz Properties
12-06 – Hands-On Example 2 – Merlot Metadata
12-07 – Hands-On Example 2 – Merlot Risking
12-08 – Hands-On Example 2 – Merlot Properties
12-09 – Hands-On Example 3 – Malbec Metadata
12-10 – Hands-On Example 3 – Malbec Risking
12-11 – Hands-On Example 3 – Malbec Properties
12-12 – Example Portfolio Overview