Estimate in-place volumes using Monte Carlo simulation in Excel. Define input distributions, account for parameter correlations, and generate probabilistic outputs without external software.
Key features
Distribution setup
Define distribution type and input ranges for key volumetric parameters (area, thickness, NTG, porosity, saturation, formation volume factor).
Parameter correlation
Apply positive or negative correlations between variables using a correlation matrix.
Output analysis
Use this tool through a CrowdField plan:
