thumbnail

Statistical evaluation of oil and gas prospects in the outer continental shelf of the U.S. Gulf Coast

Journal of the International Association for Mathematical Geology

By:
and
DOI: 10.1007/BF01030086

Links

Abstract

Areas of the U.S. Gulf Coast, both onshore and offshore, are among the petroliferous regions of the United States. In offshore Louisiana and Texas, most oil and gas is associated with structurally controlled traps on the crest or flanks of domes created by the diapiric movement of salt. These structures can be detected and mapped by seismic techniques that directly indicate favorable prospective areas. The characteristics of seismically defined structures provide information in advance of drilling about the probable size of reservoirs contained within these structures. Simple statistical relationships can be determined between the size, shape, and other attributes of structures detected by seismic mapping and the presence and size of petroleum and natural gas reservoirs. Gulf Coast OCS lease tracts presently are evaluated by the U.S. government using a Monte Carlo simulation procedure adapted from reservoir analysis. Specification of the parameters of the Monte Carlo model are obtained subjectively in advance of drilling and thus are highly uncertain. Comparisons of predrill predictions with postdiscovery reservoir evaluations show very low correlations. In contrast, predrill predictions based on regressions between seismic structural properties and reservoir volumes show highly significant correlations. In addition, statistical analysis of seismic structure is much simpler than the Monte Carlo procedure, and can be applied rapidly and inexpensively. A statistical analysis of the "Pleistocene Trend" of offshore Louisiana and Texas, an area of about 3 million acres, yielded results that are sufficiently encouraging to suggest that similar evaluations be made of the remaining Gulf Coast OCS and of OCS regions off of other coasts of the United States. ?? 1983 Plenum Publishing Corporation.

Additional Publication Details

Publication type:
Article
Publication Subtype:
Journal Article
Title:
Statistical evaluation of oil and gas prospects in the outer continental shelf of the U.S. Gulf Coast
Series title:
Journal of the International Association for Mathematical Geology
DOI:
10.1007/BF01030086
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
Larger Work Title:
Journal of the International Association for Mathematical Geology
First page:
217