By P.J. Lee
This ebook describes approaches for identifying the whole hydrocarbon (petroleum) source or source strength in a quarter. Statistical recommendations and strategies hired in petroleum source review are the topic of the manuscript, commonly illustrated via various actual case stories. Prof. Lee's computer-aided Petroleum details administration and source review procedure (PETRIMES) technique has been followed via governments all over the world and by way of significant multinational oil businesses to accomplish source evaluate and to foretell destiny oil and gasoline creation. even though this system is so standard, there isn't any "user's consultant" to it, and this ebook often is the definitive source for PETRIMES clients
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Additional info for Statistical Methods for Estimating Petroleum Resources
In fact, neither of these assumptions is valid. During the exploration–discovery process, large pools are normally discovered at an early stage. This implies that smaller pools remain to be discovered. Thus, the population mean would be overestimated by the sample mean obtained here, whereas the population variance would be underestimated by the sample variance. Therefore, we believe that the discovery process can be viewed as a sampling process whereby pool discovery probability is proportional to pool size and sampling without replacement.
The pool-size distribution, together with the number-of-pools distribution in a play can then be used to predict quantities such as the total remaining potential, the individual pool sizes, and the sizes of the largest undiscovered pools. These resource estimates provide the fundamental information upon which petroleum economic analyses and the planning of exploration strategies can be based. The estimation of these types of pool-size distributions is a difficult task, however, because of the inherent sampling bias associated with exploration data.
However, in the Swan Hills region of north–central Alberta, a shallow-water platform, protected to the north by the emergent Peace River Arch and flanked to the southwest by the Western Alberta Ridge, provided a setting conducive to bank development and subsequent reef growth. , 1968). Evaluation Models 19 Subsurface study has revealed a sedimentation model in which the Slave Point carbonate platform pushed laterally into an open marine mudstone environment. Most of the discovered pools are situated along the platform margin or are adjacent to the platform (Fig.
Statistical Methods for Estimating Petroleum Resources by P.J. Lee