A quantitative analytical method, that allows for the determination of values of the three parameters that characterize the Hubbert-style Gaussian error curve is explored. The model fits conventional oil production as total area under the Gaussian, which represents the estimated oil recovery. Useful data can also is extracted from the maximum of the curve, and the half-width of the curve. The models are refined through between the area, maximum and half-widths between the datum and the Gaussian. The sensitivity and historical application of the Hubbard Model is discussed with relevance to today's dwindling fossil fuel markets.

Historical usage of Hubbert analyses

255th National Meeting (2018)

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