150
Statistical Methods for Estimating Petroleum Resources
predicted from the fi rst sample set and (2) to fi nd an adequate prediction interval. The estimates must be validated by one or more of the
following procedures:
Comparison of the remaining largest pool size with geological
•
models or exploration concepts
Estimation of undiscovered pool sizes, matching discovered
•
pool sizes and their ranks
Retrospective study, as illustrated in Chapter 4
•
Has the Largest Pool Been Discovered?
For the Beaverhill Lake play example, in which the largest pool appears
to have been discovered, geologists might ask: Is there a larger undiscovered pool? Or: What would the largest pool size be if the discovered
largest pool is assumed to be the second largest in a play? Our method
allows us to analyze these questions.
Figure 6.3. Diagram showing levels of feedback in the process of petroleum
resource evaluation.
Statistical Methods for Estimating Petroleum Resources
predicted from the fi rst sample set and (2) to fi nd an adequate prediction interval. The estimates must be validated by one or more of the
following procedures:
Comparison of the remaining largest pool size with geological
•
models or exploration concepts
Estimation of undiscovered pool sizes, matching discovered
•
pool sizes and their ranks
Retrospective study, as illustrated in Chapter 4
•
Has the Largest Pool Been Discovered?
For the Beaverhill Lake play example, in which the largest pool appears
to have been discovered, geologists might ask: Is there a larger undiscovered pool? Or: What would the largest pool size be if the discovered
largest pool is assumed to be the second largest in a play? Our method
allows us to analyze these questions.
Figure 6.3. Diagram showing levels of feedback in the process of petroleum
resource evaluation.