Methods of estimating reserves. It may be of interest to inquire into the basis on which predictions are made of the life of an oil pool. The process is essentially a matter of platting curves of production, and of projecting them into the future with the approximate slopes exhibited in districts which are already approaching exhaustion.5 While no two wells or two districts act exactly alike, these curves have group characteristics which are used as a rough basis for interpreting the future.
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THE ENERGY RESOURCES—COAL, OIL, GAS (AND ASPHALT)
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