Abstract
A probabilistic method that is based upon conditional probability theory and the laws of expectation has been developed for estimating the undiscovered oil and gas resources in a petroleum play. It takes into account the favorable geological conditions that influence the accumulation of oil and gas and those factors which influence the distribution and the quantity of undiscovered oil and gas. Information about the number and size of undiscovered resources is provided. A practical application in the Turpan-Hami Basin in northwestern China is described.
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References
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An erratum to this article is available at http://dx.doi.org/10.1007/BF02764355.
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Xu, J., Liu, X., Chen, Z. et al. A probabilistic method for resource appraisal in a petroleum play and its application. Nat Resour Res 6, 277–280 (1997). https://doi.org/10.1007/BF02765925
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DOI: https://doi.org/10.1007/BF02765925