Oil and Gas Forecasting

Oil and Gas Forecasting : Reflections of a Petroleum Geologist

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This is the candid and often colourful account of the personal experiences of a resource analyst; experiences that led to major contributions in the modelling and forecasting of petroleum discovery rates and of potential oil and gas supply. The author's approach is largely nontechnical. He relates the difficulties encountered in integrating geoscience, economics, and statistics, and stresses the value of critically examining data before formulating theories or building formal models.show more

Product details

  • Hardback | 264 pages
  • 159 x 242 x 26mm | 618g
  • Oxford University Press Inc
  • New York, United States
  • English
  • numerous line drawings and tables
  • 0195061705
  • 9780195061703

Table of contents

Reflections of a petroleum geologist; The oil company research laboratory; The US Geological Survey; The exploration play; The economists; DISCOVERY RATE FORECASTING: PART 1: The Permian Basin; DISCOVERY RATE FORECASTING: PART 2: The Gulf of Mexico offshore; The parent population of oil and gas fields is log-geometric; Exhaustion of the resource base and the future supply of oil and gas; Quantitatitive mineral-resource assessment.show more

Review quote

'The book is rich with references ... There is no doubt in my mind that Mr. Drew's contribution to the field of oil and gas forecasting is substantial.' Hazem Arafa, American Petroleum Institute 'Reflecting its author's innate character, the book is sometimes wry, sometimes amusing and, for those unfamiliar with its subject area, very informative ... I commend this book to all with an interest in oil and gas resource assessment, exploration for hydrocarbon or mineral resources, or the contemporary working context of applied geoscience.' Resources Policy 'A detailed account of the assumptions made and the data controls and manipulation is well documented for each study. The text is full of snippets of information concluded from the analysis which could easily be lost to the cursory reader ... A comprehensive chronology of references to other published work which has contributed to the development of the author's ideas abound throughout. Utilities Policy 'I thoroughly recommend this book to anyone who has an interest in the workings of the oil and gas industry or in issues of world or national resource-assessment 'David Barr, Geol. Mag.show more