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Keywords: economic failure
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Proceedings Papers
How Could You Possibly Predict the Value of 3-D Seismic Before You Shoot It?
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, October 3–6, 1999
Paper Number: SPE-56446-MS
... es = P s ∗ P mefs As shown by Rose, 3 let us consider all wells to become either an economic success or an economic failure considered over their lifetime. Then the Probability of Economic Failure (Pef) becomes P ef = 1 -P es Once we...
