Conditional analysis for petroleum resource evaluations |
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Authors: | P. J. Lee P. C. C. Wang |
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Affiliation: | 1. Institute of Sedimentary and Petroleum Geology, Geological Survey of Canada, 3303-33rd Street N.W., T2L 2A7, Calgary, Alberta, Canada 2. Department of Statistics, The University of Calgary, 2500 University Drive N.W., T2N 1N4, Calgary, Alberta, Canada
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Abstract: | Conditional analysis is an essential component for evaluation of petroleum resources. Such analysis attempts to answer the questions: for the input data and a given play potential, what is the most likely number of pools and their sizes? An example is provided to illustrate the usage and application of this conditional method of analysis. This example demonstrates that the method can be used as a feedback mechanism to challenge the underlying geological concepts of the play; and to yield more certain predictions if additional information is given. Consequently, the method will enhance the reliability of the estimates of petroleum resources. |
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