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Keywords: risk management
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Proceedings Papers

Paper presented at the SPE Reservoir Simulation Conference, October 26, 2021
Paper Number: SPE-203919-MS
..., we also highlight the often more severe non-technical pitfalls that cannot be evaluated by measures like R 2 . Thoughts are shared on how they can be avoided, especially during project framing and the three critical transition scenarios. machine learning production forecasting risk...
Proceedings Papers

Paper presented at the SPE Reservoir Simulation Conference, October 26, 2021
Paper Number: SPE-203986-MS
.... In addition, it is also an automatic process that fits well with iterative optimization algorithms. machine learning reservoir characterization production monitoring risk management reservoir simulation drillstem/well testing drill sequence evolutionary algorithm enhanced recovery asset...
Proceedings Papers

Paper presented at the SPE Reservoir Simulation Symposium, February 23–25, 2015
Paper Number: SPE-173254-MS
.... The results demonstrate the big hitters identified with GSA can be quite different from that obtained with tornado/Pareto charts. Artificial Intelligence history matching Upstream Oil & Gas sensitivity result variance identification global sensitivity analysis risk management GSA nonlinear...
Proceedings Papers

Paper presented at the SPE Reservoir Simulation Symposium, February 21–23, 2011
Paper Number: SPE-141963-MS
... is demonstrated through various examples. risk and uncertainty assessment spe 141963 artificial intelligence reservoir simulation robust uncertainty quantification risk management risk assessment simulation model polynomial chaos expansion random variable pcm monte carlo uncertainty...
Proceedings Papers

Paper presented at the SPE Reservoir Simulation Symposium, January 31–February 2, 2005
Paper Number: SPE-93452-MS
... equation risk and uncertainty assessment mean pressure head realization covariance pressure head heterogeneous reservoir flow in porous media hydraulic conductivity pressure head variance boundary condition approximation upstream oil & gas klme approach klme method risk management risk...
Proceedings Papers

Paper presented at the SPE Reservoir Simulation Symposium, January 31–February 2, 2005
Paper Number: SPE-93280-MS
... 93280 histogram neighbourhood algorithm reservoir simulation probability parameter space ensemble upstream oil & gas risk assessment information cominelli artificial intelligence risk and uncertainty assessment production data risk management history matching nicotra posterior...
Proceedings Papers

Paper presented at the SPE Reservoir Simulation Symposium, February 3–5, 2003
Paper Number: SPE-79679-MS
... risk and uncertainty assessment risk analysis risk management production strategy upstream oil & gas injector procedure schiozer risk assessment optimization quantification variation reservoir simulation representative model optimization procedure block 1 base case project...
Proceedings Papers

Paper presented at the SPE Reservoir Simulation Symposium, February 3–5, 2003
Paper Number: SPE-79707-MS
... information appraisal well ntg scenario equation new well artificial intelligence decision tree ntg map flow in porous media upstream oil & gas development project production monitoring experiment node risk management reservoir characterization society correlation reservoir surveillance...
Proceedings Papers

Paper presented at the SPE Reservoir Simulation Symposium, February 3–5, 2003
Paper Number: SPE-79703-MS
... economics fluid dynamics better field development decision asset and portfolio management spe 79703 annual technical conference production monitoring project valuation risk management evaluation Introduction Over the past 20 years, the E&P industry return on investment has averaged less...
Proceedings Papers

Paper presented at the SPE Reservoir Simulation Symposium, February 3–5, 2003
Paper Number: SPE-79677-MS
... modeling & simulation finite difference risk analysis grid size streamline simulation simulator risk curve upstream oil & gas petroleum field development structural model schiozer streamline method grid asset and portfolio management fluid dynamics coarse 3 risk management spe...
Proceedings Papers

Paper presented at the SPE Reservoir Simulation Symposium, February 3–5, 2003
Paper Number: SPE-79678-MS
... dynamics reservoir surveillance likelihood flow in porous media production control history match model method production monitoring probability diagram risk management reservoir characterization realization Introduction Petroleum reservoir data is inherently uncertain. The field...
Proceedings Papers

Paper presented at the SPE Reservoir Simulation Symposium, February 3–5, 2003
Paper Number: SPE-79676-MS
... recovery risk management reservoir surveillance modeling & simulation flow in porous media optimization problem production control table information technical conference estimation factorial pore compressibility Rationale for Designed Reservoir Simulation Numerical models are widely...

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