Stochastic Exploration Calculator – Oil Reservoirs




This Excel-based software will perform estimates of resources for oil reservoirs using the stochastic method and performs a potential economic outcome based on input parameters. Distributions for input parameters can be normal, log normal, or uniform. Results for OOIP, oil and natural gas resources are created in a standard table that can be customized by the user. An additional table presents a potential economic outcome based on a proposed number of wells to be drilled and economic input parameters.