Using the bootstrap method to obtain probabilistic reserves estimates from production data
Journal Article
·
· Petroleum Engineer International
OSTI ID:536521
No universally accepted method currently exists for obtaining probabilistic reserve estimates from decline curve analysis that yields consistent results and reflects inherent uncertainties. The bootstrap method can be used to obtain estimates of both probabilistic reserves and decline curve parameters from production data.
- OSTI ID:
- 536521
- Journal Information:
- Petroleum Engineer International, Journal Name: Petroleum Engineer International Journal Issue: 9 Vol. 70; ISSN 0164-8322; ISSN PEEID4
- Country of Publication:
- United States
- Language:
- English
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