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A fortran program for Monte Carlo simulation of oil-field discovery sequences

Computers and Geosciences

By:
,
DOI: 10.1016/0098-3004(93)90066-E

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Abstract

We have developed a program for performing Monte Carlo simulation of oil-field discovery histories. A synthetic parent population of fields is generated as a finite sample from a distribution of specified form. The discovery sequence then is simulated by sampling without replacement from this parent population in accordance with a probabilistic discovery process model. The program computes a chi-squared deviation between synthetic and actual discovery sequences as a function of the parameters of the discovery process model, the number of fields in the parent population, and the distributional parameters of the parent population. The program employs the three-parameter log gamma model for the distribution of field sizes and employs a two-parameter discovery process model, allowing the simulation of a wide range of scenarios. ?? 1993.

Additional Publication Details

Publication type:
Article
Publication Subtype:
Journal Article
Title:
A fortran program for Monte Carlo simulation of oil-field discovery sequences
Series title:
Computers and Geosciences
DOI:
10.1016/0098-3004(93)90066-E
Volume
19
Issue:
10
Year Published:
1993
Language:
English
Publisher:
Elsevier
Publisher location:
Amsterdam, Netherlands
Larger Work Type:
Article
Larger Work Subtype:
Journal Article
Larger Work Title:
Computers and Geosciences
First page:
1529
Last page:
1543
Number of Pages:
15