Hello I am new here, as the user name suggest I am a 3rd yr petroleum student.
I am having problems. I was given the data Area, H, Phi, Sw, Eg, RF of 51 different wells.
I already calculated the GIIP and Reserves for each well
So basically I have to construct a Probabilistic Calculation Diagram and the lecturer hinted Monte Carlo. I have no idea what is this
Then we have to calc P50, P90, and P10 which is the reserves-probable, proven and possible.
The lecturer then hinted Tornado Chart. I dont know this either
He also said that he want to know the software the engineer would used in making these Probabilistic type Calculation calculations
Does anyone knows what to do or can anyone help and any help would be appreciated.
You can direct me to books to help me in these calculations and to better understand calculating reserves .
Thank You for Your help in advance







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