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: J. H. Schuenemeyer and L. J. Drew
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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.
| 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 |
| Larger Work Title | Journal of the International Association for Mathematical Geology |
| First page | 145 |
| Last page | 161 |
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