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Keywords: probabilistic approach
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Proceedings Papers

Paper presented at the OMC Med Energy Conference and Exhibition, April 8, 2025
Paper Number: OMC-2025-492
...ASSESSMENT OF RISKS IN CO2 INJECTION OPERATIONS: A PROBABILISTIC APPROACH TO ENSURE SAFETY OF LEGACY ADJACENT WELLS Fabrizio Zausa, Gabriele Gandini, Eni, Tomas H. Morcella, Camila Medele and Nicola Rossi, Kwantis This paper was presented at the 17th OMC Med Energy Conference and Exhibition...
Proceedings Papers

Paper presented at the Offshore Mediterranean Conference and Exhibition, March 27–29, 2019
Paper Number: OMC-2019-1176
... on any model parameter, such as global inputs, production profiles and costs. The ultimate level of sensitivity is the definition of the portfolio Efficient Frontier. Considering multiple investments strategies, the probabilistic approach is adding the risk dimension through the Value at Risk (VaR...
Proceedings Papers

Paper presented at the Offshore Mediterranean Conference and Exhibition, March 27–29, 2019
Paper Number: OMC-2019-1189
... to the Egyptian Seismic Code, while the probabilistic analysis is based on the project specific PSHA conducted for the Zohr area by Rina Consulting S.p.A. The main advantage of the probabilistic approach with respect to conventional deterministic methods is that all earthquakes potentially affecting the location...
Proceedings Papers

Paper presented at the Offshore Mediterranean Conference and Exhibition, March 28–30, 2001
Paper Number: OMC-2001-095
... to the complexity of the problem. By contrast, metrology presents a world-wide consensus on techniques to quantify uncertainty. In this paper a probabilistic approach based on the Monte Carlo method is presented, aimed at identifying the potential sources of and quantify uncertainties associated to measurements...

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