Course Description

This one-day training course is designed to provide insight into consistent unbiased prospect characterization through familiarity of the software products in Rose & Associates’ Prospect Risk Analysis Suite. The three tools (MMRA, Toolbox and Multi-Zone Master) in the suite apply the widely-acclaimed Rose & Associates’ methods for risk analysis to modeling and measuring resource volumes and chance of success. The workhorse of the Prospect Risk Analysis Suite is the most recent and completely redeveloped version of Multi-Method Risk Analysis (MMRA) which facilitates estimation of probabilistic resources and chance of success including the new enhancements of the Area Versus Depth estimating method and numerical clipping to all distribution types. Also included is ToolBox, a utility package that will help you better understand analog data which can then be used to characterize the inputs for MMRA. To complete the suite of applications, Multi-Zone Master (MZM) provides the ability to aggregate resources and chance of success for up to five zones (under varying states of dependency) to represent the prospect potential given the possibility of success in the multiple zones. This course is highly recommended for personnel of licensees, but also is open to personnel of non-licensee companies to examine the versatile potential available.

Course Documentation

RA Open 1D SW Course 02-26-10.pdf (36k)