| Abstract: | The truncated shifted Pareto (TSP) distribution, a variant of the two-parameter Pareto distribution, in which one parameter is added to shift the distribution right and left and the right-hand side is truncated, is used to model size distributions of oil and gas fields for resource assessment. Assumptions about limits to the left-hand and right-hand side reduce the number of parameters to two. The TSP distribution has advantages over the more customary lognormal distribution because it has a simple analytic expression, allowing exact computation of several statistics of interest, has a "J-shape," and has more flexibility in the thickness of the right-hand tail. Oil field sizes from the Minnelusa play in the Powder River Basin, Wyoming and Montana, are used as a case study. Probability plotting procedures allow easy visualization of the fit and help the assessment. ?? 1988 International Association for Mathematical Geology. |
| Genre: | Article |
| ProdID: | 70013689 |
| Citation Author: | Houghton, J. C. |
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| Citation End Page: | 937 |
| Citation Issue: | 8 |
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| Citation Language: | English |
| Citation Larger Work Title: | Mathematical Geology |
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| Citation Number Of Pages: | 31 |
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| Citation Search Results Text: | Use of the truncated shifted Pareto distribution in assessing size distribution of oil and gas fields; 1988; Article; Journal; Mathematical Geology; Houghton, J. C. |
| Citation Start Page: | 907 |
| Citation Volume: | 20 |
| Citation Year: | 1988 |
| Type: | citation/reference |
| Text: | Use of the truncated shifted Pareto distribution in assessing size distribution of oil and gas fields; 1988; Article; Journal; Mathematical Geology; Houghton, J. C. |
| URL (THUMBNAIL): | http://pubs.er.usgs.gov/thumbnails/outside_thumb.jpg |
| URL (DIGITAL OBJECT IDENTIFIER): | http://dx.doi.org/10.1007/BF00892970 |
| Date Other: | Fri, 1 Jan 1988 00:00 -0600 |
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