Production & Operations

p90 meaning in oil and gas

Definition

90% probability

p90 means 90% probability. This is the label give to part of a production forecast, where a range of outcomes is predicted between a 10% probability and the 90% probability. The average forecast is often referred to as…

This is the label give to part of a production forecast, where a range of outcomes is predicted between a 10% probability and the 90% probability. The average forecast is often referred to as the P50

✓ Verified term

You might also be looking for