Risk assesment for exploration

Authors: E. A. Marchenko (Tyumen Oil Research Center LLC)
Risk estimation technique based on analysis of geology-statistical data from objects with proved oil-content and its quality is described in the article. Its using for exploration allows to reduce exploration cost, to improve its effectiveness at the expense of increasing of quality of predictions and to define strategy of development of oil-and-gas company.
Risk estimation technique based on analysis of geology-statistical data from objects with proved oil-content and its quality is described in the article. Its using for exploration allows to reduce exploration cost, to improve its effectiveness at the expense of increasing of quality of predictions and to define strategy of development of oil-and-gas company.


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