Abstract
In the first part of this paper, a portion of a sedimentary basin is subdivided conceptually into hexagons of equal area. The area of each hexagon is equal to the minimum area an oil field should have to be commercial. Hexagons can be ‘full’ of oil, or ‘empty.’ A field size 1 consists of a cell with oil surrounded by six empty cells; a field size 2 consists of two adjacent cells with oil surrounded by eight empty cells, etc. Principles of Percolation Theory are used to determine the probabilility distribution of the areas of the oil fields existing in this portion of the basin. The only piece of information necessary to determine this probability distribution is the Success Ratio (number of successful exploration wells/total number of exploration wells drilled in this portion of the basin). This approach has several practical applications.
Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
