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February 2025 Workshop – Good Model: Bad Models – How Can We Tell?

Thursday, 13 February, 2025 (Australia/Perth time)

$100.00 – $500.00

Guest Speaker(s): Mark Bentley

Mark is a geoscientist who enjoys reservoir modelling, uncertainty quantification and events like this.  He started with Shell, become a consultant and course tutor with TRACS, and is now independent as Langdale Geoscience and a part time lecturer at Heriot-Watt University in Edinburgh.  He is co-author of the reference text ‘Reservoir Model Design’ along with Phil Ringrose.

 Good Model: Bad Models – How Can We Tell?

A one-day workshop with Mark Bentley, 13th February 2025

Reservoir and simulation models are widely used to generate forecasts and support decision-making in operating companies, yet the results often disappoint.  Where do models ‘go bad’, and what can we do to address the disappointments?

Firstly: sometimes we do OK.  There are excellent examples of useful models which help support good development decisions and help move us forward.

However, there is also a broad tendency towards over-optimism in modelling, a habit of making forecast ranges which are too narrow and key heterogeneity is often lost in the modelling process, leading to misleading predictions.

In this one-day workshop, common causes are shared, along with suggested solutions and, for those who use or review models, things to query.

Workshop will take place at the Parmelia Hilton Hotel, Perth on the 13th February 2025:

Members: $400

Non-Members: $500

Student Members: $100

Details

Date:
Thursday, 13 February, 2025
(Australia/Perth time)
Cost:
$100.00 – $500.00
Event Categories:

    • Venue

    Parmelia HIlton
    14 Mill Street
    Perth, WA 6000 Australia
    Phone
    +61-8-9215-2000
    View Venue Website

    Organiser

    PESA Western Australia
    Email:
    wa-secretary@pesa.com.au

    Registration Details

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    Tickets

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    Student Member
    $ 100.00 inc GST
    5 available
    Non-Members
    $ 500.00 inc GST
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