2018
DOI: 10.1306/06051717018
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A practical approach for applying Bayesian logic to determine the probabilities of subsurface scenarios: Example from an offshore oilfield

Abstract: During appraisal of an undeveloped segment of a producing offshore oilfield, three well penetrations revealed unexpected complexity and compartmentalization. Business decisions on whether and how to develop this segment depended on understanding the possible interpretations of the subsurface. This was achieved using the following steps that incorporated a novel practical application of Bayesian logic:allowed an assessment of the usefulness of individual pieces of evidence, which could be used to guide value-of… Show more

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Cited by 2 publications
(1 citation statement)
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“…Moreover, the interpretation of seismic data carries non-uniqueness (Yin et al 2016). Therefore, the best method to cover these weaknesses is the reconciliation of different dataset to create diverse models and modifying or dropping some models after acquisition of new data (Smalley et al 2018;Walker and Evenick 2019).…”
Section: Introductionmentioning
confidence: 99%
“…Moreover, the interpretation of seismic data carries non-uniqueness (Yin et al 2016). Therefore, the best method to cover these weaknesses is the reconciliation of different dataset to create diverse models and modifying or dropping some models after acquisition of new data (Smalley et al 2018;Walker and Evenick 2019).…”
Section: Introductionmentioning
confidence: 99%