Published: January 6, 0001
The Challenge At the end of 2017, TRACS International contacted Jumping Rivers. TRACS International estimates the volumes of oil and gas in subsurface reservoirs. Their work involves combining a set of inputs for each reservoir layer (such as area, thickness, and up to five other inputs) – and then multiplying these inputs together. Each input has a range of uncertainty associated with it. The uncertainty can be estimated using a probability distribution.