SIZE DISTRIBUTION OF OIL AND GAS POOLS IN POORLY EXPLORED PETROLEUM PROVINCES
V.R. Livshits
Institute of Oil and Gas Geology, Siberian Branch of the RAS,
3 prosp. Akad. Koptyuga, Novosibirsk, 630090, Russia
Keywords: Prediction of petroleum potential, oil and gas pools, estimator, parameters of truncated Pareto distribution
Pages: 1011-1025
Abstract
Size distribution of oil and gas pools in poorly explored provinces is analyzed using a new maximum likelihood estimator of parameters in a truncated Pareto distribution. The estimator quality is tested through Monte-Carlo imitation.
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