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Keywords: representative value
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Proceedings Papers

Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, April 2–3, 2001
Paper Number: SPE-71789-MS
... Abstract This article is intended to promote a discussion about how one reduces a lot of data to a few representative values while recognizing what gets preserved and what might be lost. Specifically, the phrase, "P10 production forecast" is shown to be ambiguous. By acknowledging...

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