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Keywords: risk management
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Proceedings Papers
Optimizing Gas Export Flexibility for Complex Offshore Reservoirs: A Brazilian Case
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Europe Energy Conference and Exhibition, June 10–12, 2025
Paper Number: SPE-225469-MS
... characterization natural ga oil price risk curve flow in porous media risk management enhanced recovery journal petroleum science and engineering case study supply and demand pricing gas price robust strategy brazil Introduction A significant challenge in the development of hydrocarbon fields...
Proceedings Papers
The UK's First CO 2 Transportation & Storage Project Takes FID
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Europe Energy Conference and Exhibition, June 10–12, 2025
Paper Number: SPE-225484-MS
...-technical aspects of setting up a new value chain. geology social responsibility project management geologist subsurface storage risk management sustainable development sustainability rock type co 2 reservoir characterization climate change nep government sedimentary rock liquified...
Proceedings Papers
Probabilistic Inversion with Uncertainty Quantification for Geomechanical Finite Element Models
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Europe Energy Conference and Exhibition, June 10–12, 2025
Paper Number: SPE-225531-MS
... and uncertainty assessment geologist risk management machine learning workflow reservoir geomechanics fe model deformation inversion workflow vertical strain map proxy model surface displacement reservoir deformation eage conference artificial intelligence geological subdiscipline displacement...
Proceedings Papers
Metaverse for Subsurface - Augmented & Virtual Reality Immersive Collaboration and Robust Decision Making in Oil & Gas
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Europe Energy Conference and Exhibition, June 10–12, 2025
Paper Number: SPE-225552-MS
... collaboration platform alignment application reservoir characterization workflow reservoir model immersive collaboration platform virtual reality visualization artificial intelligence platform immersive technology immersive environment field development planning human computer interaction risk...
Proceedings Papers
The Best Number of Infill Wells that Maximise the Project Value in Unconventional Mature Oil Fields: Deciding how Many to Drill from Available Candidates
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Europe Energy Conference and Exhibition, June 10–12, 2025
Paper Number: SPE-225478-MS
... artificial intelligence machine learning geologist oil price risk management reservoir characterization percentile oil price scenario price forecast jafarizadeh future oil price infill well probability price uncertainty mev cumulative production price model eur oil price model swanson rule...
Proceedings Papers
Uncertainty Assessment of Geothermal Well Injectivity
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Europe Energy Conference and Exhibition, June 10–12, 2025
Paper Number: SPE-225489-MS
... assessment geology risk management reservoir characterization injection rate injection temperature injectivity generalized sensitivity analysis Introduction Geothermal energy is a promising technology contributing to sustainable energy production ( IEA 2024 ). Low enthalpy geothermal energy...
Proceedings Papers
CCS-TCA, An Analytical Tool for CCS Technology and Concept Assessment
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Europe Energy Conference and Exhibition, June 10–12, 2025
Paper Number: SPE-225492-MS
... value chain this approach enables ranking the elements under various conditions against key criteria. This practical tool and framework contributes to the state of knowledge in the CCS industry, offering actionable insights for efficient and successful CCS project execution. risk management...
Proceedings Papers
Federated Learning for Geothermal Energy: A Decentralized Solution for Data Sharing and Sector Learning
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Europe Energy Conference and Exhibition, June 10–12, 2025
Paper Number: SPE-225497-MS
... operators, manufacturers, and researchers, enabling privacy-preserving, data-driven optimization in geothermal energy. big data neural network machine learning artificial intelligence knowledge management reservoir simulation risk management artificial lift system federated learning data...
Proceedings Papers
Evaluating the Sustainability of Offshore Platform Power Supply Options Using Multi-Criteria Decision Analysis: A Norwegian Case Study
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Europe Energy Conference and Exhibition, June 10–12, 2025
Paper Number: SPE-225565-MS
... this industry, which are largely reinvested in societal benefits. social responsibility air emission assessment climate change decision support system risk management subsea system sustainability sustainable development criteria norway gas turbine dimension offshore platform stakeholder...
Proceedings Papers
Metals for the Energy Transition: Exploring Opportunities Amidst Supply-Demand Imbalance
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Europe Energy Conference and Exhibition, June 26–28, 2024
Paper Number: SPE-219988-MS
... development sustainability risk management operation government transition china climate change ref collaboration geologist social responsibility investment manufacturer infrastructure diversification imperative regulation dependency integration mining operation landscape advancement...
Proceedings Papers
Implementation of a Risk Assessment Procedure to Manage Well Integrity in Underground Gas Storage
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Europe Energy Conference and Exhibition, June 26–28, 2024
Paper Number: SPE-220075-MS
... wellbore integrity risk and uncertainty assessment risk management operational safety intervention risk assessment matrix frequency implementation gas storage envelope underground gas storage fle radius matrix risk assessment procedure valve severity assessment database manage well...
Proceedings Papers
Blowout Probability Estimation for CCS New and Converted Wells and Risk Assessment on Well Barriers Integrity
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Europe Energy Conference and Exhibition, June 26–28, 2024
Paper Number: SPE-220102-MS
... specifications, and operational practices that minimize the risk of barrier failure, ultimately enhancing the safety and success of CCS initiatives. geology geologist probability operational safety subsurface storage climate change design for well integrity risk management integrity probability...
Proceedings Papers
Value Creation in Sustainable Energy Transition Using Reinforcement Learning
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Europe Energy Conference and Exhibition, June 26–28, 2024
Paper Number: SPE-220046-MS
..., the environment responds with new variable states and immediate value feedback, reflecting the three defined objectives. Through repeated interactions, the RL algorithm navigates the extensive state space, learning the optimal decision policy amidst uncertainties. social responsibility risk management...
Proceedings Papers
Efficient FDP Optimization for AI Enhanced Decision Making
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE EuropEC - Europe Energy Conference featured at the 84th EAGE Annual Conference & Exhibition, June 5–8, 2023
Paper Number: SPE-214345-MS
... the identification of best solutions across multiple evaluation workflows, lowering the expertise level for a solution. upstream oil & gas risk management simulation austria government artificial intelligence workflow europe government machine learning petroleum engineer decision-making optimizer...
Proceedings Papers
Optimization of Carbon-Geo Storage into Saline Aquifers: A Coupled Hydro-Mechanics-Chemo Process
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE EuropEC - Europe Energy Conference featured at the 84th EAGE Annual Conference & Exhibition, June 5–8, 2023
Paper Number: SPE-214424-MS
... potential in GCS projects. geologist united states government neural network rock type fluid dynamics structural geology reservoir simulation subsurface storage drillstem/well testing asia government complex reservoir flow in porous media upstream oil & gas risk management modeling...
Proceedings Papers
Designing CO2-EOR in Indonesia by Matching Business Strategy: Study Case East Java Field, Indonesia
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE EuropEC - Europe Energy Conference featured at the 83rd EAGE Annual Conference & Exhibition, June 6–9, 2022
Paper Number: SPE-209704-MS
... enhanced recovery risk management subsurface storage fluid dynamics strategic planning and management chemical flooding methods co2 ccus project pertamina co 2 operation objective caprock life cycle analysis co2 injection log analysis flow in porous media reservoir simulation air emission...
Proceedings Papers
Quantifying the Importance of Decisions and the Impact of Data Acquisition on Decisions in Hydrocarbon Field Re-Developments
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Europec, December 1–3, 2020
Paper Number: SPE-200623-MS
... , Syahrilyan 2012 ). The state-gate-process aims at addressing organizational topics but also uncertainty and risk management (e.g. Safra and Antelo 2010 , Sawiris et al. 2015 , Khalil et al. 2017 ). Decision making under uncertainty for field (re-)development projects remains challenging despite...
Proceedings Papers
Impact of Digitalization on the Way of Working and Skills Development in Hydrocarbon Production Forecasting and Project Decision Analysis
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Europec, December 1–3, 2020
Paper Number: SPE-200540-MS
... reservoir simulation history matching strategic planning and management enhanced recovery data mining complex reservoir risk management clemen field development optimization and planning Introduction Digitalization has impacted a large number of industries such as telecom, automotive...
Proceedings Papers
Influence of Representative Models in the Expected Value of Information Applied to Petroleum Fields Development
Available to PurchaseLetícia Siqueira Santos, Susana Margarida Santos, Antonio Alberto Santos, Denis José Schiozer, Luis Otávio Silva
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Europec, December 1–3, 2020
Paper Number: SPE-200525-MS
... of uncertain attributes. machine learning risk management equation of state Artificial Intelligence field development optimization and planning information EMV Bayesian Inference risk assessment selection robust production strategy estimation production strategy fluid modeling asset...
Proceedings Papers
Exploration of Correlated Prospects and Possible Joint Development Solutions
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Europec, December 1–3, 2020
Paper Number: SPE-200579-MS
... on perceived uncertainty and drilling decisions. We suggest a framework for valuation of correlated prospects. geologic modeling Reservoir Characterization decision tree learning strategic planning and management Artificial Intelligence Upstream Oil & Gas geological modeling risk management...
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