.... Additionally, a digital twin of the physical flowline connector has been established with a high confidence level which will be used to understand and predict the performance of flowline connectors at unpredicted extreme or accidental loads and for future development and optimization of subsea flowline...

.... reserve downside confidence level upstream oil & gas asset and portfolio management probabilistic aggregation diversification reserves replacement portfolio theory aggregation guideline reserve distribution change probabilistic method risk measure society of petroleum engineers reserve...

... Abstract For multi-field projects, the total project ultimate recovery (UR) at a given confidence level is traditionally derived by the arithmetic addition of the UR's of its constituent fields. However, this overstates the uncertainty range at the total project level. The total project UR...

... to give a robust estimate of proved reserves. field group arithmetically reservoir unit field group 14 coefficient matrix upstream oil & gas confidence level asset and portfolio management probabilistic addition reserves replacement dependency field group 15 spe 50113 arithmetic...

... estimation technique is more suitable at specific stages of field development based on data scope and availability. reserve estimate upstream oil & gas application deterministic method reserves evaluation reservoir characterization deterministic reserve estimation confidence level uncertain...