Geological simulation and issues of petroleum fields development
Section editor – PhD in geology and mineralogy Prischepa O.M.
Article # 13_2015 submitted on 03/04/2015 displayed on website on 04/07/2015
14 p.
pdf  Сalculation of oil or gas field discovery probability, accounting the inner dependence of probability parameters
A formula that can be used to calculate the find probability of an oil or gas field discovery has been derived. The traditional approach of geologic factors is used, the novelty being that the formula is valid for an unlimited number of leads and target objects, while the interdependences of geologic factors across different targets (potential oil or gas accumulations). Presented are just the basic mathematical model of geological dependences and correspondingly the basic resulting formula, while in fact similar results have been obtained by the author for more complicated cases as well.

Keywords: geologic factors, oil and gas discovery probability, oil and gas prospection and exploration.
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