1887

Abstract

Summary

In this paper, we demonstrate how we can combine reservoir physics, data and knowledge with fit-for-purpose machine learning algorithms in a graphical network model to utilise reservoir models as part of an efficient discovery process. Contrary to a traditional reservoir modelling approach, where we integrate data in a sequential manner, we train the graphical network model by utilising the information in all available simultaneously. This help overcome the common pitfalls in reservoir modelling, which typically limits the value of reservoir modelling efforts in asset teams today. We demonstrate the value of the solution on a study conducted on the Norwegian continental shelf. By having the ability to quickly generate reservoir models that all are plausible given the current available data, under different prior assumptions regarding the subsurface, we both increase our subsurface understanding, by also the confidence in our reservoir management decisions.

Loading

Article metrics loading...

/content/papers/10.3997/2214-4609.202032087
2020-11-30
2024-04-27
Loading full text...

Full text loading...

References

  1. Davis, J. V. et al.
    , 2007. Information-theoretic metric learning. pp. 209 – 2016.
    [Google Scholar]
  2. Emerick, A. A. & Reynolds, A. C.
    , 2013. Ensemble smoother with multiple data assimilation. Computers and Geosciences, Volume 55, pp. 3–13.
    [Google Scholar]
  3. Gilks, W., Richardson, S. & Spiegelhalter, D.
    , 1996. Markov Chain Monte Carlo in Practice.
    [Google Scholar]
  4. Hotelling, H.
    , 1933. Analysis of a complex of statistical variables into principal components. Journal of Educational Psychology.
    [Google Scholar]
  5. Kahneman, D.
    , 2011. Thinking fast and slow.
    [Google Scholar]
  6. Krige, D. G.
    , 1951. A statistical approach to some basic mine valuation problems on the Witwatersrand. J. of the Chem., Metal. and Mining Soc. of South Africa,52(6), pp. 119–139.
    [Google Scholar]
  7. Marti, K. & Kall, P.
    , 1994. Stochastic Programming. Springer.
    [Google Scholar]
  8. Mohus, E.
    , 2018. Over Budget, Over Time, and Reduced Revenue, Over and Over Again - An Analysis of the Norwegian Petroleum Industry’s Inability to Forecast Production. UiS.
    [Google Scholar]
  9. Robert, C. P. & Casella, G.
    , 2004. Monte Carlo Statistical Methods. 2nd ed. Springer.
    [Google Scholar]
  10. Sætrom, J.
    , 2019. The Seven Wastes in Reservoir Modelling Projects (and how to overcome them).
    [Google Scholar]
  11. Silver, N.
    , 2012. The Signal and the Noise: Why So Many Predictions Fail-but Some Don’t.
    [Google Scholar]
http://instance.metastore.ingenta.com/content/papers/10.3997/2214-4609.202032087
Loading
/content/papers/10.3997/2214-4609.202032087
Loading

Data & Media loading...

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error