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DOI: 10.2118/180094-ms
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Field Development Process Revealing Uncertainty Assessment Pitfalls

Abstract: The amount of information available for field development planning is limited, forcing the Production Strategy to be designed under great amounts of uncertainty. During its implementation, new information allows the adaptation of the strategy for economic gain. This work reproduces the field development process under geological uncertainty in case study UNISIM-I-D (benchmark case based on Namorado Field in Brazil). The main objectives are to evaluate the process and observe the evolution of risk curves, all in… Show more

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Cited by 11 publications
(7 citation statements)
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“…Silva et al (2017) also presented a closed-loop process for the UNISIM-I-D benchmark with ES-MDA. The main difference from the work of Morosov and Schiozer (2016) was the use of distance-dependent localization. They reported a better response when compared with the reference model.…”
Section: Es-mda and The Localization Techniquementioning
confidence: 96%
See 1 more Smart Citation
“…Silva et al (2017) also presented a closed-loop process for the UNISIM-I-D benchmark with ES-MDA. The main difference from the work of Morosov and Schiozer (2016) was the use of distance-dependent localization. They reported a better response when compared with the reference model.…”
Section: Es-mda and The Localization Techniquementioning
confidence: 96%
“…Avansi and Schiozer, (2015) selected the range of the uncertain parameters based on the knowledge of the Namorado field while avoiding values that are not compatible with the case. Finally, because UNISIM-I-H is a benchmark case and different authors have been using it (Morosov and Schiozer 2016;Silva et al 2017;Soares et al 2018), it is important to keep some basic features of the case in order to validate and compare different methodologies.…”
Section: Application: Unisim-i-hmentioning
confidence: 99%
“…As discussed in Introduction, recent work that applied modified versions of CLFD (Morosov and Schiozer, 2016;Hanea et al, 2017), reported that application of CLFD, in some cases, has resulted in slight reduction of true-model NPV. It may seem counter-intuitive that assimilating new data and re-optimizing decision variables over the remaining span of project life, in cases has lead to a decrease in true-model NPV (which is the ultimate outcome).…”
Section: Trumap: True-model-based Assessment Of Performancementioning
confidence: 99%
“…The CLFD framework has also been applied in recent work by other researchers. Morosov and Schiozer (2016) applied the CLFD to a realistic example, while Hanea et al (2017) applied the CLFD framework in simpler settings where only drilling sequence is optimized. Compared with the original work (Shirangi and Durlofsky, 2015;Shirangi, 2013), they used different reservoir modeling and different model calibration and optimization approaches in their CLFD application.…”
Section: Introductionmentioning
confidence: 99%
“…In fact, this paper evolved from other model-based management researches that used the same benchmark case. Morosov and Schiozer (2016), for instance, applied a closed-loop technique in this benchmark consisting of three main steps: data acquisition, history matching and production strategy optimization. These steps were repeated in several cycles using simulation models.…”
Section: Introductionmentioning
confidence: 99%