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A procedure to estimate the parent population of the size of oil and gas fields as revealed by a study of economic truncation

Journal of the International Association for Mathematical Geology

By:
,
DOI: 10.1007/BF01030080

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Abstract

An estimation technique has been derived to predict the number of small fields in a geologic play or basin. Historically, many small oil and gas fields went unreported because they were not economical. This led to an underestimation of the number of undiscovered small fields. A study of the distributions of reported oil and gas fields in well-explored areas suggests that the large fields when grouped into log base 2 size classes are geometrically distributed. Further, the number of small fields reported is a function of the cost of exploration and development. Thus, the population field-size distribution is conjectured to be log geometric in form. ?? 1983 Plenum Publishing Corporation.

Additional Publication Details

Publication type:
Article
Publication Subtype:
Journal Article
Title:
A procedure to estimate the parent population of the size of oil and gas fields as revealed by a study of economic truncation
Series title:
Journal of the International Association for Mathematical Geology
DOI:
10.1007/BF01030080
Volume
15
Issue:
1
Year Published:
1983
Language:
English
Publisher location:
Kluwer Academic Publishers-Plenum Publishers
Larger Work Type:
Article
Larger Work Subtype:
Journal Article
First page:
145
Last page:
161
Number of Pages:
17