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EAGE/SPE Joint Workshop on Beyond Closed Loop Integrated Monitoring
- Conference date: 17 Nov 2013 - 20 Nov 2013
- Location: Lisbon, Portugal
- ISBN: 978-90-73834-60-6
- Published: 17 November 2013
21 - 22 of 22 results
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Reservoir Modeling and Production Forecast under Geological Uncertainties
Authors R.G. Hanea, J.A. Skjervheim, G. Evensen and L. HustoftThis 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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The Roles of Geophysicists, Geologists and Reservoir Engineers in Closing the Loop - Data - Modeling - Understanding
By K. MidtveitIntroduction In the last few years there has been increasing focus on quantitatively modeling of the uncertainty in volume estimates. Large part of the focus is on uncertainty methodology and another focus is on integrating the workflows of the various disciplines. This presentation will briefly touch on the uncertainty methodology and go more into the advantages and challenges of integrating the workflows. The challenges are both on technology and in relation to sharing the work between the different disciplines. In the early days of uncertainty modeling of production forecasts the work first started as a Reservoir Engineer activity, later the workflow was expanded to include geological modeling and now we suggest it’s time to include also the geophysicists.
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