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

DOI10.1007/s10596-019-09864-1zbMath1425.86012OpenAlexW2966313842MaRDI QIDQ2009835

Tapan Mukerji, Geetartha Dutta, 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

value of informationtime-lapse seismic datareservoir developmentsimulation-regression

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)

Related Items

The use of flow diagnostics to rank model ensembles

Uses Software

• MRST

Cites Work

• Unnamed Item
• Open-source MATLAB implementation of consistent discretisations on complex grids
• Value of information in closed-loop reservoir management
• Direct forecasting of reservoir performance using production data without history matching
• Decision-theoretic sensitivity analysis for reservoir development under uncertainty using multilevel quasi-Monte Carlo methods
• Conditional simulation of complex geological structures using multiple-point statistics
• The value of information in spatial decision making
• Simulation-regression approximations for value of information analysis of geophysical data
• Support Vector Machines
• The Value of Information in Portfolio Problems with Dependent Projects