301762 (v.3) Risk and Uncertainty 616



 

Area:Department of Petroleum Engineering
Contact Hours:10.0
Credits:25.0
Lecture:1 x 20 Hours 4 Weekly
Tutorial:1 x 20 Hours 4 Weekly
Properties and Applications of Probability Distributions, Appraisal of Uncertain Ventures, Simulation - Monte Carlo Method, Decision Trees and Economic Models, Evaluation of Expected Discoveries in Mature Regions, Bayes Strategies and Estimates of Value, Risking of Hydrocarbon Reserves.
YearLocationPeriodInternalArea ExternalCentral External
2003Bentley CampusSemester 2Y  

 

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