An empirical method to make oil production models tolerant to anomalies

Title: An empirical method to make oil production models tolerant to anomalies
Creator: Mohr, S. H.; Evans, G. M.
Relation: Natural Resources Research Vol. 18, Issue 1, p. 1-5
Publisher Link: http://dx.doi.org/10.1007/s11053-008-9083-8
Publisher: Springer Verlag
Resource Type: journal article
Date: 2009
Description: Modeling oil production is of interest to society and hotly debated. Often anomalies have occurred which makes modeling oil production via a particular theory (e.g., Hubbert’s bell curve) difficult. The empirical method described here allows for such historic anomalies to be incorporated while still using the underly theory. This method is explained using Hubbert’s bell curve and Former Soviet Union oil production as an example.
Subject: mathematical models; petroleum; projected production
Identifier: http://hdl.handle.net/1959.13/806848
Identifier: uon:7227
Identifier: ISSN:1520-7439
Language: eng
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