... monitoring optimization problem artificial intelligence reservoir simulation machine learning risk management production control upstream oil & gas bayesian inference reservoir surveillance a-dgn optimization algorithm batch algorithm s-dgn optimizer local-search a-dgn optimization...

... geology casing design upstream oil & gas annular pressure drilling operation casing and cementing wellbore design sand control expandable liner storage reservoir wellbore integrity reservoir characterization risk mitigation measure implemented risk management log analysis expansion...

... activities may encompass desktop, laboratory, proof of concept, pilot (trial), small or large-scale demonstrations and associated commercial and non-technical (e.g., stakeholder engagement, regulatory, business, supply chain etc.) de-risking activities. upstream oil & gas risk management...

... chemistry production monitoring application optimization biocide bactiquant risk management production control real-time bacteria monitoring application injection biofilm gas operation mitigate corrosion indication bacteria reservoir surveillance corrosion inhibition operation petroleum...

... well is the occurrence of an "uncontrolled oil leak from the well to the environment", mostly referred to as a blowout. Introduction and Objectives of This Paper risk management upstream oil & gas probability operational safety uncontrolled leak wellbore design frequency wellbore...

...Current Challenges in Risk Management Knowledge-Based Artificial Intelligence The Need for a Systems Thinking Approach The evolution of workflows in large industrials has led to an elevated level of specialization within individual disciplines. This is particularly the case in oil...

... turn-around for each concept generated, continuous evaluation and revisions with new data and information, lack of ability to integrate processes across multiple disciplines, and poor risk management driven by technical/commercial uncertainties and unavailable data. This paper addresses...

... management banking & finance social responsibility government risk management sustainability business activity public discourse social license compliance stakeholder health & medicine discourse safety culture business-society relationship sustainable development esg upstream oil...

... ensembles with probabilistic capital and operating expenditures and economic parameters allows for quantitative decision making under uncertainty. machine learning asset and portfolio management risk management artificial intelligence decision support system upstream oil & gas exhibition...

... models (scenarios, objectively evaluates their probabilities, and helps to plan optimal exploration/appraisal activities. knowledge management reservoir characterization estimates of resource in place resource in place estimate information risk management upstream oil & gas nereite...

... risk and uncertainty assessment oil shale risk management reservoir simulation solution histogram uncertain variable reservoir characterization shale oil upstream oil & gas summary statistics stochastic simulation equation uncertainty variable vertical displacement conversion...

... also ask how different our current assessment of the project, or its environment could get before we would like to change our decision. Affective ability – Accepted risk-management options of avoidance, mitigation, transfer, and acceptance present the decision options within this category...

... the challenge of implementing these requirements, a social risk management development framework is proposed to bring together the extensive and multidisciplinary demands of effective social performance. Five development areas are proposed: governance, social policy, tools, resourcing and capacity...

...DISCUSSIONS AND CONCLUSION Without a strong organizational safety leadership spearheading a highly resilient safety culture, implementing even the most advanced risk management technique will remain ineffective. Although several efforts have been enacted to advance critical decision-making...

... strategic plans. benchmarking climate change risk management portfolio analysis performance indicator artificial intelligence portfolio optimization adverse scenario selection objective performance objective performance delivery computation torpedoe metric consideration strategic...

... & simulation production control enhanced recovery hydrate remediation flowline corrosion pipeline corrosion materials and corrosion risk management fluid modeling wax remediation water management reservoir surveillance wax inhibition equation of state waterflooding oilfield chemistry reservoir...

... reservoirs) to maximize recovery and maintaining health of reservoir. strategic planning and management knowledge management reservoir characterization project management asset and portfolio management production monitoring risk management field development optimization and planning reservoir...

... oil & gas risk management field development optimization and planning standard development downside risk development case decision maker algorithm production rate realization oil price artificial intelligence reservoir simulation investment olympus case reservoir uncertainty drill...

... energy economics production monitoring asset and portfolio management production control risk management machine learning reservoir surveillance upstream oil & gas monte carlo model initial production rate measurement error confidence interval reservoir simulation marble mass marble...

... evaluation injector well asset and portfolio management drilling operation approximation surrogate model algorithm reservoir characterization risk management reservoir simulation upstream oil & gas policy optimization sequence action space value function agent artificial intelligence...