All Days 2014
DOI: 10.2523/iptc-18196-ms
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Factors Contributing to Uncertain Production Forecasts: 3D Reservoir Modelling Perspectives

Abstract: Finding and developing oil and gas assets has always been a risky business. The industry has a history of technological advances that have helped to reduce the risk. However, risk has not yet been fully reduced due to inherent uncertainties in the workflows used to generate production forecasts of the oil and gas fields using 3D reservoir models. Since, the reservoir properties vary spatially due to reservoir heterogeneities (occur at all scales, from pore scale to major reservoir units), to obtain reasonable … Show more

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