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Keywords: uncertainty reduction
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Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, September 24–26, 2018
Paper Number: SPE-191521-MS
...-1 . machine learning Reservoir Characterization history matching simulation model uncertainty reduction production data case study Artificial Intelligence Upstream Oil & Gas saturation change OOIP workflow reservoir model Modeling & Simulation seismic data information...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, October 5–8, 2003
Paper Number: SPE-84241-MS
... mitigation, and the more efficiently it can manage its entire development portfolio. The end of the appraisal period occurs when further uncertainty reduction would not materially effect the principle development decisions, or at the point at which the downside project risk becomes acceptable to the company...

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