Since the 1970s, various private and governmental agencies have conducted studies toassess potential unconventional gas resources, particularly those resources contained intight sands, fractured shales, and coal beds. The US Geological Survey (USGS) hasassessed the amount of unconventional gas...

Petroleum exploration and development are capital intensive and smart economic decisions that need to be made to profitably extract oil and gas from the reservoirs. Accurate quantification of uncertainty in production forecasts will help in assessing risk and making good economic decisions. This...

To make sound investment decisions, decision makers need accurate estimates of the uncertainties present in forecasts of reservoir performance. In this work I propose a method, the integrated mismatch method, that incorporates the misfit in the history match into the estimation of uncertainty in...