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Keywords: risk management
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Journal Articles
Journal: SPE Journal
SPE J. 28 (01): 342–354.
Paper Number: SPE-208962-PA
Published: 08 February 2023
... of the author’s knowledge, this is the first time ML algorithms have been applied to an SAGD field data set of this size. 8 2 2022 5 7 2022 18 6 2022 5 8 2022 8 2 2023 Copyright © 2023 Society of Petroleum Engineers sagd prediction upstream oil & gas risk management...
Journal Articles
Journal: SPE Journal
SPE J. (2022)
Paper Number: SPE-212834-PA
Published: 22 December 2022
... risk management reservoir simulation production monitoring norway government strategic planning and management project management attainment machine learning investment united states government asset and portfolio management reservoir surveillance reservoir characterization classification...
Journal Articles
Journal: SPE Journal
SPE J. (2022)
Paper Number: SPE-210290-PA
Published: 07 November 2022
... of this workflow with 7 of the more complex and expensive projects using the full quantitative VOI approach. These analyses have been used to inform decision-making on more than $400 million 1 of proposed derisking activity spend. risk and uncertainty assessment artificial intelligence risk management...
Journal Articles
Journal: SPE Journal
SPE J. 27 (01): 663–681.
Paper Number: SPE-203996-PA
Published: 16 February 2022
... way considering climate, livelihoods, and the environment is a challenge. production monitoring risk management equation of state waterflooding resolution production control reservoir surveillance asset and portfolio management complex reservoir drillstem/well testing scaling method...
Journal Articles
Journal: SPE Journal
SPE J. 26 (06): 3609–3625.
Paper Number: SPE-205213-PA
Published: 15 December 2021
... machine learning risk management optimization problem exclusion reservoir characterization drilling operation management reservoir simulation possible outcome correspond application constraint information drilling sequence sequence probability jpd application 1 optimal policy scenario...
Journal Articles
Journal: SPE Journal
SPE J. 26 (05): 3054–3074.
Paper Number: SPE-204223-PA
Published: 13 October 2021
... separation and treating production monitoring artificial lift system artificial intelligence enhanced recovery risk management machine learning well performance production logging drillstem testing upstream oil & gas gas injection method gas lift separator gas-lift-injection rate oil...
Journal Articles
Journal: SPE Journal
SPE J. 26 (04): 1964–1979.
Paper Number: SPE-205366-PA
Published: 11 August 2021
... constraint npv realization optimal control objective lexicographic method biobjective optimization life-cycle npv optimization pareto front worst-case npv single-objective optimization short-term npv risk management fluid dynamics In a decision-making process, we often encounter...
Journal Articles
Journal: SPE Journal
SPE J. 26 (02): 993–1010.
Paper Number: SPE-205014-PA
Published: 14 April 2021
... algorithm neural network heuristic algorithm differential evolution es-mda method adaptive parameter control algorithm best solution risk management history matching nrand 1 iteration local best solution production control reservoir surveillance april 2021 mutation strategy production...
Journal Articles
Journal: SPE Journal
SPE J. 25 (06): 3017–3030.
Paper Number: SPE-203830-PA
Published: 17 December 2020
...) Porosity. drilling fluid chemistry reservoir characterization decision support system risk management complex reservoir wellbore integrity hydraulic fracturing fluid loss control wellbore design reservoir geomechanics artificial intelligence drilling fluids and materials drilling...
Journal Articles
Journal: SPE Journal
SPE J. 25 (05): 2401–2417.
Paper Number: SPE-202470-PA
Published: 15 October 2020
... management forward curve information bayesian inference sequential exploration drill cost spot price october 2020 scenario forward price npv exploration risk management upstream oil & gas dynamic programming model prospect valuation probability Copyright © 2020 Society of Petroleum...
Journal Articles
Journal: SPE Journal
SPE J. 25 (01): 515–528.
Paper Number: SPE-198903-PA
Published: 17 February 2020
... organizational culture social responsibility perception risk management sustainability information management Innovation researchers use a range of innovation adoption models to examine adopter attitudes, behaviors, and the influencing factors that can impact upon this process. Widely applied models...
Journal Articles
Journal: SPE Journal
SPE J. 14 (04): 665–679.
Paper Number: SPE-114802-PA
Published: 22 December 2009
... media kl expansion water saturation saturation correlation length reservoir characterization risk and uncertainty assessment mc simulation risk management coefficient enhanced recovery multiphase flow permeability modeling & simulation mc 1 Quantification of uncertainty...
Journal Articles
Journal: SPE Journal
SPE J. 14 (02): 216–221.
Paper Number: SPE-107710-PA
Published: 31 May 2009
... 13 5 2008 31 5 2009 31 3 2007 31 5 2009 Copyright 2009, Society of Petroleum Engineers strategic planning and management risk management log-normal distribution Artificial Intelligence Derivation normal case calibration machine learning asset and portfolio...
Journal Articles
Journal: SPE Journal
SPE J. 14 (01): 120–127.
Paper Number: SPE-100161-PA
Published: 01 March 2009
... ). risk management Upstream Oil & Gas production control production logging inspection unit production monitoring Completion Installation and Operations Stanley axial inspection MFL signal specimen CT specimen imperfection Reservoir Surveillance Coiled tubing operations liftoff...
Journal Articles
Journal: SPE Journal
SPE J. 13 (01): 77–87.
Paper Number: SPE-102476-PA
Published: 19 March 2008
... MCMC algorithm two-stage mcmc reduction langevin algorithm probability University risk management computation Step 4: Perturb the parameterization coefficients to generate a new geologic model. Step 5: Approximate the reservoir response for the new model using local linearization...
Journal Articles
Journal: SPE Journal
SPE J. 11 (04): 506–515.
Paper Number: SPE-93324-PA
Published: 20 December 2006
... control pressure transient testing risk management fluid dynamics production monitoring risk and uncertainty assessment vector unconditional realization pressure transient analysis enhanced recovery flow in porous media rml method december 2006 Very recently, some research groups have...
Journal Articles
Journal: SPE Journal
SPE J. 11 (02): 239–247.
Paper Number: SPE-93452-PA
Published: 19 June 2006
... the pressure head at different orders in terms of σ Y (see Zhang 2002 ): reservoir simulation log hydraulic conductivity boundary condition risk and uncertainty assessment Upstream Oil & Gas eigenvalue risk management risk assessment approximation mean pressure head flow in porous media...
Journal Articles
Journal: SPE Journal
SPE J. 8 (02): 188–195.
Paper Number: SPE-84936-PA
Published: 01 June 2003
... control pilot point risk management upstream oil & gas history matching mismatch production monitoring fluid dynamics artificial intelligence perturbation reservoir surveillance markov chain gaussian The only practical methods for quantifying uncertainty in reservoir performance...
Journal Articles
Journal: SPE Journal
SPE J. 6 (04): 433–441.
Paper Number: SPE-74707-PA
Published: 01 December 2001
... initial model production monitoring risk and uncertainty assessment annual technical conference reservoir characterization reservoir surveillance optimization problem punq-2 project production control risk management history matching permeability field standard deviation It is widely...

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