Abstract:To a great degree, the success or failure of a field development plan depends on the choice of well locations, which together with areal and vertical sweep drives hydrocarbon recovery from the field. Choosing the optimum well locations is, however, non-trivial and requires a thorough understanding of hydrocarbon reservoir performance and properties. Even after the locations are identified there is a need to further rank the wells in terms of confidence as part of the risk assessment. Many methods currently use… Show more
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