MIT researchers have developed a method that generates more accurate uncertainty measures for certain types of estimation. This could help improve the reliability of data analyses in areas like ...

Year-on-year stability in remaining proved-developed reserves (1P) is the most positive impact of applying a consistent type-well approach to 1P estimates. Operators can then better forecast future ...

This chapter answers the research questions listed in Chapter 1, summarizes other key findings and conclusions drawn from the analyses conducted in this project, and provides suggestions for further ...