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A procedure to estimate the parent population of the size of oil and gas fields as revealed by a study of economic truncation

January 1, 1983

An estimation technique has been derived to predict the number of small fields in a geologic play or basin. Historically, many small oil and gas fields went unreported because they were not economical. This led to an underestimation of the number of undiscovered small fields. A study of the distributions of reported oil and gas fields in well-explored areas suggests that the large fields when grouped into log base 2 size classes are geometrically distributed. Further, the number of small fields reported is a function of the cost of exploration and development. Thus, the population field-size distribution is conjectured to be log geometric in form. ?? 1983 Plenum Publishing Corporation.

Citation Information

Publication Year 1983
Title A procedure to estimate the parent population of the size of oil and gas fields as revealed by a study of economic truncation
DOI 10.1007/BF01030080
Authors J.H. Schuenemeyer, L.J. Drew
Publication Type Article
Publication Subtype Journal Article
Series Title Journal of the International Association for Mathematical Geology
Series Number
Index ID 70011585
Record Source USGS Publications Warehouse
USGS Organization