Estimating number and field size distribution in frontier sedimentary basins using a Pareto model

Abstract

Estimating the number of deposits likely to be found and their size distribution is important in exploration planning. In a frontier basin the geologic information for conducting a resource assessment is mostly limited to the regional level. Some methods, such as the play analysis approach (Crovelli and Balay, 1986) and the conceptual play model (Lee and Wang, 1983), can be used in conceptual plays or frontier basins, but these methods require the knowledge of the number of prospects, pool data characterizing the conditional field size distribution, and information documenting the exploration risk. For unexplored sedimentary basins, such as those in southern Africa, there are neither sufficient data covering reservoir volumetric parameters nor a number of mapped prospects that can be used to conduct such an assessment. In such a case a volumetric method using geologic analogy is applicable, by which a point estimate of hydrocarbon potential can be estimated, but this estimate provides no information on the likely size distribution. As a complement to the volumetric method, we discuss how to use the empirical Pareto law for estimating the number of fields and their size distribution in such a frontier region.