Total Production of Many Oil Wells

Initializing live version
Download to Desktop

Requires a Wolfram Notebook System

Interact on desktop, mobile and cloud with the free Wolfram Player or other Wolfram Language products.

Suppose oil wells are discovered that have various sizes, start times, and durations, where all three quantities are normally distributed. What does the production of all the wells taken together look like over time?

Contributed by: George Beck (March 2011)
Open content licensed under CC BY-NC-SA



See the Wikipedia entry for Hubbert peak theory,and

Feedback (field required)
Email (field required) Name
Occupation Organization
Note: Your message & contact information may be shared with the author of any specific Demonstration for which you give feedback.