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Keywords: VSD
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Proceedings Papers

Paper presented at the SPE Latin American and Caribbean Petroleum Engineering Conference, November 18–20, 2015
Paper Number: SPE-177215-MS
... Abstract The objective of this paper is to examine the effect of oil and gas prices on the development of tight and shale reservoirs including oil, gas and condensate. The methodology uses a variable shape distribution (VSD) model for examining past, present and futures prices of oil and gas...
Proceedings Papers

Paper presented at the SPE Latin America and Caribbean Petroleum Engineering Conference, May 21–23, 2014
Paper Number: SPE-169373-MS
... However, we found that in the case of oil prices, none of the above distributions provided good results. This led to a test of the VSD ( Aguilera, 2006 ) for modeling price-changes through time. Price-change as used in this paper is equal to the price in year i+1 minus the price in year i. Thus...

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