In decline curve analysis for hydrocarbon reservoirs, the use of quantile regression instead of the conventional mean regression would be appropriate in the con

This work presents the various probabilistic methodology for forecasting petroleum production in shale reservoirs. Two statistical methods are investigated, Bay

Flexible Bayesian Regression Modeling is a step-by-step guide to the Bayesian revolution in regression modeling, for use in advanced econometric and statistical

In this work, a probabilistic methodology for Decline Curve Analysis (DCA) in unconventional reservoirs is presented using a combination of Bayesian statistical