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Keywords: monte carlo simulation
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Proceedings Papers

Paper presented at the Brasil Offshore, June 14–17, 2011
Paper Number: SPE-143911-MS
... of the methodology used, an assessment of the potential for yet-to-find oil was carried out using a software tool which models the exploration process, making Monte Carlo simulations based on the information available regarding wells drilled, discoveries made, respective dates, and the areas involved. The assessment...

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