The AAPG/Datapages Combined Publications Database
AAPG Bulletin
Figure
AAPG Bulletin;
Year: 2016;
Issue: February
DOI: 10.1306/08101515059
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Figure 1. Problem: If all the information we have to go on is the raw success versus failure statistics of an analogous set of wells, how do we translate the number (75%) representing the frequency of past success into a go-forward prediction of the chance of success of an undrilled prospect (Pg)?