Using exploration history to estimate undiscovered resources |
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| Authors: | Daniel Rabinowitz |
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| Institution: | (1) Stanford University, 94305 Stanford, California |
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| Abstract: | Inference about deposits left to be discovered in a partially explored oil field that require only assumptions about the randomness in the exploration procedure are considered. Unbiased estimators, estimators based on partial likelihood methods and confidence procedures are proposed. |
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| Keywords: | minimum variance unbiased estimation partial likelihood Arps-Roberts model |
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