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Geological risk mapping and prospect evaluation using multivariate and Bayesian statistical methods, western Sverdrup Basin of Canada

Zhuoheng Chen and Kirk G. Osadetz
Geological risk mapping and prospect evaluation using multivariate and Bayesian statistical methods, western Sverdrup Basin of Canada
AAPG Bulletin (June 2006) 90 (6): 859-872

Abstract

The current practice of geological risk evaluation at the play level involves substantial subjectivity and rarely considers the spatial correlations among the identified prospects. A quantitative procedure using multivariate and Bayesian statistical methods is proposed, which treats exploration-risk evaluation as a two-group classification, to provide a more objective and reproducible result. The spatial correlation among the identified prospects is considered because the proposed approach is applied to the entire evaluation area. The exploration-risk evaluation of the Upper Triassic-Lower Jurassic Heiberg Group structural gas play in western Sverdrup Basin, Arctic Canada, illustrates the method.


ISSN: 0149-1423
EISSN: 1558-9153
Coden: AABUD2
Serial Title: AAPG Bulletin
Serial Volume: 90
Serial Issue: 6
Title: Geological risk mapping and prospect evaluation using multivariate and Bayesian statistical methods, western Sverdrup Basin of Canada
Affiliation: Geological Survey of Canada, Calgary, AB, Canada
Pages: 859-872
Published: 200606
Text Language: English
Publisher: American Association of Petroleum Geologists, Tulsa, OK, United States
References: 36
Accession Number: 2006-059849
Categories: Economic geology, geology of energy sources
Document Type: Serial
Bibliographic Level: Analytic
Illustration Description: illus. incl. 2 tables, sketch maps
Country of Publication: United States
Secondary Affiliation: GeoRef, Copyright 2017, American Geosciences Institute. Reference includes data from GeoScienceWorld, Alexandria, VA, United States. Reference includes data supplied by American Association of Petroleum Geologists, Tulsa, OK, United States
Update Code: 200633
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