GEO 6540 - Imperial Barrel Award Competition PICP 3b

Meets with GEO 5540. This course presents an open-ended petroleum exploration scenario where students must apply the methods and approaches encountered in previous PICP offerings. Industry-standard software will be used in a collaborative, team-based working environment to identify prospects from an industry dataset. Students will rely on their fundamental knowledge of geology and geophysics to generate prospects and will investigate the impact of (1) hydrocarbon in place estimation methods and other reservoir engineering concepts, (2) risk evaluation, and (3) economics, land issues and legal implications of evaluating petroleum plays and prospects. Student teams will prepare competitive technical evaluations to a panel of industry judges, focusing on participation in the American Association of Petroleum Geologists IBA.