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Keywords: likelihood
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Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Asia Pacific Oil & Gas Conference and Exhibition, October 17–19, 2022
Paper Number: SPE-210630-MS
.... With this information, the impact rating of 7-days appraisal well test program will be "Severe (E)".[CM4] Likelihood of the carbon emission activity For likelihood of carbon emission activity, it depends on the certainty of the carbon emission activity itself. For example, for a well which is to be appraised...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Asia Pacific Oil & Gas Conference and Exhibition, November 17–19, 2020
Paper Number: SPE-202220-MS
.... In the remainder of this paper we first review FEL benchmark scores and discuss reasons why they should be used more effectively, and reasons why, in practice, they are not. Next, we propose a decision-based FEL approach that is designed to increase the likelihood of delivering better project outcomes. It can...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 17–19, 2017
Paper Number: SPE-186191-MS
... of proper measures to extend interval by assigning resources of inspection and maintenance. risk management RBI equipment item inspection program risk and uncertainty assessment inspection corrosion crude petroleum risk assessment likelihood application damage mechanism external damage...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 17–19, 2017
Paper Number: SPE-186245-MS
... and reservoir management to maximize recovery of mature fields. strength reservoir geomechanics pore pressure restriction deformation likelihood compaction Reservoir Characterization depletion reservoir pressure rock strength coefficient society of petroleum engineers injection Upstream Oil...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 20–22, 2015
Paper Number: SPE-176074-MS
... and computationally-cheap mechanism for history matching and uncertainty quantification of complex reservoir models. machine learning history matching Bayesian Inference misfit value reservoir simulation posterior prediction likelihood optimization model parameter Artificial Intelligence Upstream Oil...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 20–22, 2015
Paper Number: SPE-176405-MS
... safety – even if the likelihood of event possibility was calculated to be remote – had to be addressed. A total of 332 risks were studied during this phase of the process. The front cover of the June "Drilling Contractor" magazine advertises an excellent article entitled, "Fine years after Macondo...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Asia Pacific Oil and Gas Conference and Exhibition, April 5–7, 2005
Paper Number: SPE-93164-MS
... by creating hybrid parameters, using techniques related to principle component analysis, Predicting matching domains: combination of parameters levels (once discretised) that are likely to generate a match. This greatly helps the likelihood of finding multiple matching realisations, covering the range...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Asia Pacific Oil and Gas Conference and Exhibition, September 9–11, 2003
Paper Number: SPE-80436-MS
... portfolio risk component reservoir correlation likelihood prospect resource in place estimate risk management bayes reservoir characterization unrisked stoiip risked stoiip 20 information anomaly modelled stoiip discovered distribution risked asset and portfolio management carlo simulation...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Asia Pacific Oil and Gas Conference and Exhibition, October 12–14, 1998
Paper Number: SPE-50949-MS
... optimise field development option asset and portfolio management likelihood project management risk management consequence development option strategic planning and management rapid risk ranking topsides elevation crest elevation risk and uncertainty assessment spe 50949 project economic model...