1887

Abstract

This work presents an integrated workflow for closed loop reservoir management. Closed-loop reservoir management is a combination of model-based optimization and data assimilation (computer-assisted history matching), also referred to as ‘real-time reservoir management’, ‘smart reservoir management’ or ‘closed-loop optimization’. The aim is to optimize reservoir performance, in terms of recovery or value, over the full life of the reservoir by increasing the frequency of optimization to a near-continuous process. There are two loops present in this approach: the conditioning loop or the big loop, representing the Assisted History Matching process and the optimization loop representing the Optimization process

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/content/papers/10.3997/2214-4609.20132061
2013-11-17
2021-10-27
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http://instance.metastore.ingenta.com/content/papers/10.3997/2214-4609.20132061
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