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Practice of Consideration of Risks in the Estimation of Resources by Different Classifications
- Publisher: European Association of Geoscientists & Engineers
- Source: Conference Proceedings, Saint Petersburg 2018, Apr 2018, Volume 2018, p.1 - 5
Abstract
Summary
The paper considers practical examples of risk management in oil resources estimation under the Russian classification and the international classification PRMS. The example of the license area, located in the Eastern Siberia territory, shows the estimate using the factor of geological risk based on the analysis of the probability of the existence of the projected reservoir and probabilistic estimation considering the uncertainty of initial parameters.
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