Uncertainty Management: Understanding Why May Lead to How to Do it
Autor: | L.S. Sandjivy, A.S. Shtuka |
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Rok vydání: | 2014 |
Předmět: | |
Zdroj: | Proceedings. |
ISSN: | 2214-4609 |
DOI: | 10.3997/2214-4609.20147456 |
Popis: | The poster illustrates an operational concept for uncertainty management in E&P, to maximize the value of oil/gas reservoirs (i.e. the number of producible barrels per dollar spent at each and every step of the exploration/production cycle). Managing uncertainty in E&P means the ability to quantify and propagate uncertainty throughout successive geoscience workflows, always using a consistent and objective geostatistics model. Two recent case studies illustrate uncertainty management in E&P. The first case study shows how to successfully implement a new exploration well. The second shows how to optimize safety in storing high intensity nuclear waste in a shale environment. |
Databáze: | OpenAIRE |
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