Abstract
Two widely-used techniques to estimate the volume of remaining oil and gas resources are discovery process modeling and geologic assessment. Both were used in a recent national assessment of oil and gas resources of the United States. Parallel estimates were obtained for 27 provinces. Geological-based estimates can typically “see” into areas not available to discovery process models (that is areas with little or no exploration history) and thus, on average, yield higher estimates. However, a linear relation does exist between the mean estimates obtained from these two methods. In addition, other variables were found in a multiple regression model that explained much of the difference. Thus, it is possible to perform discovery process modeling and adjust the estimates to yield results that might be expected from geological-based assessments.
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Drew, L.J., Schuenemeyer, J.H. Oil and gas resource assessment: The linkage between geological analysis and discovery process model results. Nat Resour Res 5, 33–42 (1996). https://doi.org/10.1007/BF02259068
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DOI: https://doi.org/10.1007/BF02259068