Value of information of time-lapse seismic data by simulation-regression: comparison with double-loop Monte Carlo

DOI10.1007/S10596-019-09864-1MaRDI QIDQ2009835zbMATH OpenOpenAlexFDO

Authors Geetartha Dutta, Tapan Mukerji, Jo Eidsvik

Publication date 2 December 2019

Published in Computational Geosciences (Search for Journal in Brave)

Full work available at URL https://hdl.handle.net/11250/2650653

zbMATH Keywords

reservoir developmentsimulation-regressiontime-lapse seismic datavalue of information

Mathematics Subject Classification ID

Nonparametric regression and quantile regression (62G08) Factor analysis and principal components; correspondence analysis (62H25) Seismology (including tsunami modeling), earthquakes (86A15) Geostatistics (86A32)

Recommendations

• Simulation-regression approximations for value of information analysis of geophysical data
• Value of information in closed-loop reservoir management
• A new inversion method of the time-lapse seismic
• Impact of time-lapse seismic data for permeability estimation
• Informed production optimization in hydrocarbon reservoirs

Cites work

• Conditional simulation of complex geological structures using multiple-point statistics
• Decision-theoretic sensitivity analysis for reservoir development under uncertainty using multilevel quasi-Monte Carlo methods
• Direct forecasting of reservoir performance using production data without history matching
• scientific article; zbMATH DE number 3068353 (Why is no real title available?)
• Open-source MATLAB implementation of consistent discretisations on complex grids
• Simulation-regression approximations for value of information analysis of geophysical data
• Support Vector Machines
• The value of information in portfolio problems with dependent projects
• The value of information in spatial decision making
• Value of information in closed-loop reservoir management

Cited in

(4)

• The use of flow diagnostics to rank model ensembles
• Simulation-regression approximations for value of information analysis of geophysical data
• Impact of time-lapse seismic data for permeability estimation
• Value of information in closed-loop reservoir management

Describes a project that uses

Uses Software

• MRST

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