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Keywords: probabilistic approach
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Proceedings Papers
Assessment of Risks in CO 2 Injection Operations: A Probabilistic Approach To Ensure Safety of Legacy Adjacent Wells
Available to PurchasePublisher: Offshore Mediterranean Conference
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
An Innovative Approach for Portfolio Analysis and Investment Decisions in the Oil and Gas Industry
Available to PurchasePublisher: Offshore Mediterranean Conference
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
Probabilistic Liquefaction Assessment of Zohr Development Project Landfall Area
Available to PurchasePublisher: Offshore Mediterranean Conference
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
Determination Of Uncertainties In Water Saturation Calculations From Well Log Data Using A Probabilistic Approach
Available to PurchasePublisher: Offshore Mediterranean Conference
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...