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- W38826003 abstract "Once a stratigraphic unit is found to be oil-bearing, exploratory drilling concentrates on the search for individual fields in the formation. A method for forecasting the future course of a partly completed play has been tested on the Denver Basin. Calculations were based on extensive data consisting of dates and locations of 22,577 wells drilled between Jan. 1, 1949, and Dec. 31, 1974, and the discovery dates, reserves estimates, cumulative production, and production acreage of 909 fields. Well locations were used to calculate the effective basin area--that part of the basin where exploration geologists are willing to site wells--and to calculate how much of that area has been explored as drilling proceeds. The past discovery record was examined to determine the efficiency of actual exploration relative to that of random drilling. For large targets, actual exploration was found to be much more efficient than random drilling; for very small targets, the 2 methods were about equally efficient." @default.
- W38826003 created "2016-06-24" @default.
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- W38826003 date "1977-01-01" @default.
- W38826003 modified "2023-09-27" @default.
- W38826003 title "Statistical history of petroleum exploration in Denver basin" @default.
- W38826003 hasPublicationYear "1977" @default.
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