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Keywords: probabilistic distribution
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Proceedings Papers
Integrated Risk Management to Meet the Challenges of Today’s Oil&Gas Industry
Available to PurchasePublisher: Offshore Mediterranean Conference
Paper presented at the Offshore Mediterranean Conference and Exhibition, March 25–27, 2015
Paper Number: OMC-2015-241
... simulation capex project management implementation probabilistic distribution confidence level objective monte carlo simulation budget evaluation project objective risk management risk evaluation probabilistic model strategic planning and management upstream oil & gas information...
Proceedings Papers
Discrete Event Simulation For The Risk Analysis Of Drilling Projects
Available to PurchasePublisher: Offshore Mediterranean Conference
Paper presented at the Offshore Mediterranean Conference and Exhibition, March 25–27, 2009
Paper Number: OMC-2009-057
... using a technique alternative to the Monte Carlo method, the standard simulation method currently used for quantitative risk analysis. Discrete Event Simulation (DES), performed with Arena Rockwell Software, starts from offset wells' historical data to derive probabilistic distributions of key variables...
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 significantly improving the reliability of water saturation calculations from well log data. porosity effective porosity log analysis standard deviation water saturation calculation log analyst probabilistic approach resistivity sensitivity analysis probabilistic distribution saturation well...
