Authors / CoAuthors
Budd, A.R. | Gerner, E.J. | Haynes, M.W.
Abstract
Reducing uncertainty at an early stage of resource development is a key necessity to attract project finance. Risk analysis frameworks exist in the petroleum industry for quantifying risk and expected returns (Newendorp, 1975; Suslick et al., 2009). For deep Enhanced Geothermal Systems (EGS) and Hot Sedimentary Aquifers (HSA), there is limited knowledge and experience available from in-the-ground projects to make informed estimates of the likelihood of outcomes for incorporation into a risk analysis framework. Modelling incorporating uncertainty analysis based on a library of EGS and HSA geothermal reservoirs, together with proxy data, could be used to develop a Geothermal Play Systems framework for assessing reservoir risk and ranking prospects.
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nonGeographicDataset
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78700
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- External PublicationConference Paper
- Australian and New Zealand Standard Research Classification (ANZSRC)
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- Earth Sciences
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- Published_Internal
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2015-01-01T00:00:00
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