G. Halset, V. Arrigoni, P. Panfili, J. A. Tveit, SPE, Eni
J. Sætrom, Resoptima
Reliable reservoir models require that all available data is captured in a consistent manner. Furthermore, reliable models need to incorporate the cross-discipline knowledge of the subsurface team and accurately describe the reservoir physics. All the while, the models must account for uncertainty.
With a traditional approach to reservoir modeling, a subsurface team can spend months or years to generate a single model—a base-case model that will often violate all the criteria outlined above and have disappointing predictive capabilities (Thomas 1998). Consequently, reservoir management decisions are often suboptimal, with the asset potential not fully realized.
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