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The AAPG/Datapages Combined Publications Database

AAPG Bulletin


Volume: 63 (1979)

Issue: 3. (March)

First Page: 409

Last Page: 409

Title: Drilling and Production Problems in Undiscovered Reservoirs: ABSTRACT

Author(s): R. R. Aitken

Article Type: Meeting abstract


The popular urge to make 50-year global and national petroleum-production curve projections is present among industrial, financial, political, environmental, and scientific entities here and abroad. Petroleum reserve estimates and undiscovered-recoverable resource appraisals stimulate predictive models incorporating diverse geologic, statistical, economic, and political assumptions reflecting the backgrounds and present circumstances of equally diverse investigators. The federal government's post-embargo succession of energy organizations (FEO/FEA/DOE), relying primarily on the USGS Resource Appraisal Group's work as a data base, has developed an oil and gas model that predicts future production levels and variations in these levels that are expected to result from change in demand, regulations, and incentives. The results have not been uniformly excellent.

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Copyright 1997 American Association of Petroleum Geologists