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USGS · 70018046

A fortran program for Monte Carlo simulation of oil-field discovery sequences

Geoffrey C. Bohling·J.C. Davis
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Abstract

We have developed a program for performing Monte Carlo simulation of oil-field discovery histories. A synthetic parent population of fields is generated as a finite sample from a distribution of specified form. The discovery sequence then is simulated by sampling without replacement from this parent population in accordance with a probabilistic discovery process model. The program computes a chi-squared deviation between synthetic and actual discovery sequences as a function of the parameters of the discovery process model, the number of fields in the parent population, and the distributional parameters of the parent population. The program employs the three-parameter log gamma model for the distribution of field sizes and employs a two-parameter discovery process model, allowing the simulation of a wide range of scenarios. ?? 1993.

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Geoffrey C. Bohling, J.C. Davis. 1993. A fortran program for Monte Carlo simulation of oil-field discovery sequences. https://doi.org/10.1016/0098-3004(93)90066-e

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