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An Integrated Workflow to Combine Static and Dynamic Uncertainties in Reservoir Simulation Models
- Publisher: European Association of Geoscientists & Engineers
- Source: Conference Proceedings, 80th EAGE Conference and Exhibition 2018, Jun 2018, Volume 2018, p.1 - 5
Abstract
Summary
The decision analysis during the exploration and development of petroleum fields involves risk due to the uncertainties in geological and reservoir parameters. These uncertainties should be combined for use in the decision process. This work shows the guidelines to integrate reservoir characterization under uncertainties with reservoir simulation. The combination of continuous and discrete uncertain attributes through a probabilistic framework provides an important quantitative response to benefit the decision process. Furthermore, the validation of these guidelines using a heterogeneous and complex model supports the application for use with simple or other complex geological scenarios.
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