Case Study

Geological Uncertainty Assessment Mitigates Risk in Reserves Estimates

Geological Uncertainty Assessment Mitigates Risk in Reserves Estimates

Pages 2 Pages

www.pdgm.com The Challenge A Middle East national oil company (NOC) operating a giant oil field was conducting an integrated study to maximize reservoir performance and, ultimately, recovery. In order to perform relevant history matching under geological uncertainty, the correct analysis tool was required. The Assessment In order to achieve credible history-matching, the most critical factors impacting reserve estimates need to be determin

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