Probabilistic reserves estimation using decline curve analysis with the bootstrap method
Book
·
OSTI ID:468253
The bootstrap method of Monte Carlo analysis has been applied to the production performance data of two fields to obtain probabilistic distribution of reserves estimates. This method does not require a prior knowledge of the underlying parameter distributions. For the fields discussed, the deterministic reserves estimates using constant percent decline obtained are comparable to the P{sub 90} method from the bootstrap method.
- OSTI ID:
- 468253
- Report Number(s):
- CONF-961003--
- Country of Publication:
- United States
- Language:
- English
Similar Records
Using the bootstrap method to obtain probabilistic reserves estimates from production data
Combined methods improve reserve estimates
A deterministic method for probabilistic fracture mechanics and its application to an analysis of LWR piping
Journal Article
·
Mon Sep 01 00:00:00 EDT 1997
· Petroleum Engineer International
·
OSTI ID:536521
Combined methods improve reserve estimates
Journal Article
·
Mon May 01 00:00:00 EDT 1995
· Oil and Gas Journal
·
OSTI ID:40358
A deterministic method for probabilistic fracture mechanics and its application to an analysis of LWR piping
Book
·
Tue Oct 31 23:00:00 EST 1995
·
OSTI ID:122626