Publications
20th October 2024
Optimizing Field Development in Data-Starved Reservoirs: Mitigating Economic Risks Through Stochastic Production Profiling and Fully Implicit Static-Dynamic Simulation
Abstract This paper introduces a comprehensive strategy for the evaluation and optimization of oil and gas reservoirs, particularly those with limited or no geological data. The methodology focuses on the integration of both surface and subsurface data, aiming to develop more accurate and efficient exploitation strategies even in environments characterized by high levels of uncertainty. …