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Rigorous And Innovative Risk Quantification For Basin Modeling
- Publisher: European Association of Geoscientists & Engineers
- Source: Conference Proceedings, 9th Simposio Bolivariano - Exploracion Petrolera en las Cuencas Subandinas, Sep 2006, cp-111-00080
Abstract
Assessing petroleum systems using deterministic basin modelling techniques are<br>nowadays widely used. Such evaluation has a critical impact on strategic decision with both<br>economical and technical consequences. Decision makers need to rely on the outcomes<br>of basin models whose main results should therefore feature a probabilistic distribution<br>expressing the associated risk.