Value of information in closed-loop reservoir management

DOI10.1007/s10596-015-9509-4zbMath1392.86040OpenAlexW1993970242WikidataQ59463561 ScholiaQ59463561MaRDI QIDQ722870

Eduardo G. D. Barros, Jan-Dirk Jansen, Van den Hof, Paul M. J.

Publication date: 27 July 2018

Published in: Computational Geosciences (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10596-015-9509-4

zbMATH Keywords

reservoir managementhistory matchingwater flooding problemwell production data

Mathematics Subject Classification ID

Inverse problems in geophysics (86A22) Geostatistics (86A32) Computational methods for problems pertaining to geophysics (86-08) Potentials, prospecting (86A20)

Related Items

Flow-based dissimilarity measures for reservoir models: a spatial-temporal tensor approach ⋮ Simulation-regression approximations for value of information analysis of geophysical data ⋮ Closed-loop field development with multipoint geostatistics and statistical performance assessment ⋮ Uncertainty quantification and optimal decisions ⋮ Value of information of time-lapse seismic data by simulation-regression: comparison with double-loop Monte Carlo ⋮ Informed production optimization in hydrocarbon reservoirs

Uses Software

• EnKF
• MRST

Cites Work

• Optimal choice of a surveillance operation using information theory
• Open-source MATLAB implementation of consistent discretisations on complex grids
• The value of information in spatial decision making
• Recent progress on reservoir history matching: a review
• Waterflooding using closed-loop control
• Data Assimilation