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The AAPG/Datapages Combined Publications Database

AAPG Bulletin


Volume: 65 (1981)

Issue: 4. (April)

First Page: 763

Last Page: 763

Title: Application of Basin Analysis to Exploration Strategy Determination: ABSTRACT

Author(s): David A. Jones, Jack H. Kelsey

Article Type: Meeting abstract


To model the exploration environment of the Permian basin and to consider available strategies for each plan a computer model was developed using network (decision trees) designed to simulate the environment. Monte Carlo simulation was used to evaluate the variability of the data.

Statistical and engineering techniques were used with commercially available data bases to provide forecasts of remaining potential for each play. Additional input such as drilling cost, seismic cost, and lease availability were obtained from company and commercial sources.

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Copyright 1997 American Association of Petroleum Geologists