forecasting
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A global energy model estimates the long-term energy mix, including solids, liquids, and gases, that will satisfy energy demand to the year 2040.
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The difficulty in applying traditional reservoir-simulation and -modeling techniques for unconventional-reservoir forecasting is often related to the systematic time variations in production-decline rates. This paper proposes a nonparametric statistical approach to resolve this difficulty.
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In this work, the authors perform automatic decline analysis on Marcellus Shale gas wells and predict ultimate recovery for each well.
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Can aggregative contingent estimation (ACE) improve the quality of oil price forecasts and even project performance? I have come to believe that oil price can be determined with reasonable confidence, and the key to such forecasting is ACE.
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Queensland, Australia, is currently host to a number of coal-seam-gas (CSG) to liquefied-natural-gas (LNG) projects under development.
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This paper is intended to increase awareness among the forecasters and the decision makers about pitfalls associated with production forecasting.
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