Dynamic risk assessment of reservoir production using data-driven probabilistic approach
Volume: 184, Pages: 106486 - 106486
Published: Jan 1, 2020
Abstract
Oil and gas companies use the reservoir simulation approach to history match and forecast reservoir production. While this strategy is easy and often effective, it has inherent setbacks, including a limited ability to capture temporal and spatial variability of the data, uncertainty in the data and reservoir models, and most importantly, impacts of these factors/parameters on the overall production risk profile. This paper presents a hybrid...
Paper Details
Title
Dynamic risk assessment of reservoir production using data-driven probabilistic approach
Published Date
Jan 1, 2020
Volume
184
Pages
106486 - 106486
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