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- W1544692932 abstract "Spreadsheets can quickly generate and graph normal, lognormal, and triangular distributions for analyzing prospects or problems involving uncertainty in the oil and gas industry. Monte Carlo simulation input distributions are specified in different ways, often by assigning the 10th and 90th percentiles, P10 and P90. Selecting the appropriate distribution (such as normal, lognormal, and triangular distributions) and justifying hat choice is critical to the believability of the model. The authors will show procedures for calculating parameters for normal, lognormal, and triangular distributions with a spreadsheet, and outline the proof that you always get a unique answer for a triangular distribution. The significance of the procedure is to avoid P10 and P90 inputs that yield a triangular distribution whose end points are clearly inappropriate. One such case would be if negative values are sampled to estimate net pay." @default.
- W1544692932 created "2016-06-24" @default.
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- W1544692932 date "1995-03-13" @default.
- W1544692932 modified "2023-09-23" @default.
- W1544692932 title "Spreadsheets generate reservoir uncertainty distributions" @default.
- W1544692932 hasPublicationYear "1995" @default.
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