U.S. department of the interior U.S. geological survey: Fractal lognormal percentage analysis of the U.S. geological survey’s 1995 national assessment of conventional oil and gas resources |
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Authors: | Robert A Crovelli James W Schmoker Richard H Balay |
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Institution: | (1) Energy Resource Surveys, U.S. Geological Survey, Denver Federal Center, MS 939, Box 25046, 80225 Denver, Colorado;(2) Department of Mathematical Sciences, Metropolitan State College of Denver, Box 173362, 80217 Denver, Colorado |
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Abstract: | The U.S. Geological Survey periodically makes appraisals of the oil and gas resources of the Nation. In its 1995 National
Assessment the onshore areas and adjoining State waters of the Nation were assessed. As part of the 1995 National Assessment,
274 conventional oil plays and 239 conventional nonassociated-gas plays were assessed. The two datasets of estimates studied
herein are the following: (1) the mean, undiscovered, technically recoverable oil resources estimated for each of the 274
conventional oil plays, and (2) the mean, undiscovered, technically recoverable gas resources estimated for each of the 239
conventional nonassociatedgas plays. It was found that the two populations of petroleum estimates are both distributed approximately
as lognormal distributions. Fractal lognormal percentage theory is developed and applied to the two populations of petroleum
estimates. In both cases the theoretical percentages of total resources using the lognormal distribution are extremely close
to the empirical percentages from the oil and nonassociated-gas data. For example, 20% of the 274 oil plays account for 73.05%
of the total oil resources of the plays if the lognormal distribution is used, or for 75.52% if the data is used; 20% of the
239 nonassociated-gas plays account for 76.32% of the total nonassociated-gas resources of the plays if the lognormal distribution
is used, or for 78.87% if the data is used |
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Keywords: | Fractal lognormal United States assessment petroleum |
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