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Quantifying Uncertainties in Reservoir Simulation - from Waterflooding to Improved Oil Recovery
- Publisher: European Association of Geoscientists & Engineers
- Source: Conference Proceedings, IOR 1999 - 10th European Symposium on Improved Oil Recovery, Aug 1999, cp-80-00024
- ISBN: 978-90-73781-11-5
Abstract
Evaluation of field performance and a long-term production forecast requires considerable resources spent on [numerical] reservoir simulation. Uncertainty in reservoir characterization and future prospects concerning oil price, operating cost, etc. advocates for sound sensitivity analysis which requires even more resources.