2.5. Monte Carlo Forecast Model Simulation Results for Example Case
(2.11)
Table 2.10
Probabilities of Well Spillage [42]
Statistical Parameter | Spill Probability per Well | ||
All Well Spills | Blowouts Only | Non-blowouts Only | |
Mean | 0.0019 | 0.0015 | 0.00039 |
Median | 0.0019 | 0.0015 | 0.00039 |
Standard ... |
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