Rike Service, Inc. 

 Practical Petroleum Training

 
 

 

 

 

 

Risk Assessment/ Management

(3 days)

For Drilling, production, facility and geologic personnel making decisions in the face of risk or uncertainty

In this 3-day course, get a good practical handle on choosing well alternatives with a simple mathematical calculation. You learn how to differentiate between mutually exclusive choices and the best in-line opportunities. You see how this can be applied to coiled tubing workovers as well as fishing. You learn to expand this through process to multiple uncertainties and risk, and how to put it all together.

Major Topics Covered:

  • Simple Risk-Weighted Decision-Making

  • Improving Fishing Economics

  • Uncertainties and Statistics

  • What To Do About “Unwanted” Risks

  • Putting It All Together