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Probabilistic Reserves Estimations - Conventional and Unconventional
- Publisher: European Association of Geoscientists & Engineers
- Source: Conference Proceedings, 75th EAGE Conference & Exhibition incorporating SPE EUROPEC 2013, Jun 2013, cp-348-00686
- ISBN: 978-90-73834-48-4
Abstract
The new SEC rules (Jan 2009) re-enforces the use of probabilistic methods for reserves estimations. The main advantage of probabilistic modelling methods is that they allow understanding of the confidence levels associated with each reserves/resources category.