A Comparison of Probabilistic and Deterministic Reserve Estimates: A Case Study

SPE Reservoir Engineering (Society of Petroleum Engineers)

Volumn 11, Issue 1, 1996, Pages 43-47

  Hefner, J M ^a,b   Thompson, R S ^a  

^a Department of Geology and Geological Engineering

^b Blue and Gray Resources Inc

Author keywords

[No Author keywords available]

Indexed keywords

ENHANCED RECOVERY; ESTIMATION; GEOLOGY; OIL WELL PRODUCTION; PETROLEUM ENGINEERING; PROBABILITY; STATISTICAL METHODS;

DETERMINISTIC RESERVE ESTIMATES; PRODUCTION DATA; WELL ULTIMATE RECOVERY;

RESERVES TO PRODUCTION RATIO;

EID: 0030080680     PISSN: 08859248     EISSN: None     Source Type: Journal    
DOI: 10.2118/26388-pa     Document Type: Article

References (6)

1. Hefner, John M.: "A Comparison of Deterministic and Probabilistic Reserve Estimates," master's thesis, T-4219, Colorado School of Mines, Golden, 1992.
2. Digert, Scott A.: "The Effect of Individual Interpretation on Reserve Estimates and Present Value Economics on Reserve Estimates and Present Value Economics From Decline Curve Analysis," master's thesis, T-3018, Colorado School of Mines, Golden, 1984.
3. Thompson, R.S., Wright, J.D., and Digert, S.A.: 1987. "The Error in Estimating Reserves Using Decline Curves," SPE 16295, SPE Hydrocarbon Economic and Evaluation Symposium, 93-102.
4. Fetkovich, M.J.: "Decline Curve Analysis Using Type Curves," JPT, June 1980, 1065-1077.
5. Caldwell, R.H. and Heather, D.I.: "How To Evaluate Hard-To-Evaluate Reserves", JPT, Aug. 1991, Vol. 43, No. 8, 998-1003.
6. Capen, E.C.: "The Difficulty in Assessing Uncertainty," JPT, Aug. 1976: Vol. XXVIII, 843-848.