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Keywords: probability
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Proceedings Papers

Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 10–12, 2023
Paper Number: SPE-215381-MS
... indonesia government upstream oil & gas asia government depositional environment structural geology sedimentary geology sedimentology reservoir characterization sedimentary rock clastic rock rock type correlation evaluation application mathematical equation caress sand probability...
Proceedings Papers

Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 10–12, 2023
Paper Number: SPE-215410-MS
... calculation presentation probability capex requirement parallel computing simulation asset and portfolio management project management npv decision meulengracht evaluation symposium secure after-tax economic analysis optimum cloud mozambique petroleum engineer Sensitivity calculations...
Proceedings Papers

Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 10–12, 2023
Paper Number: SPE-215331-MS
... characterization journal engineering fib-sem china government pore probability phase flow zhang pnm shale ga reservoir Introduction The investigation of gas-water two phase flow in shale has been a challenging task in the development of shale gas reservoirs, owing to the extremely low...
Proceedings Papers

Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 12–14, 2021
Paper Number: SPE-205581-MS
... assessment technical work dynamic model project management upstream oil & gas peer review peer review committee conclusion probability peer assist review committee static modelling checklist modelling recommendation spe-205581-m subsurface discipline integration Introduction...
Proceedings Papers

Paper presented at the SPE Asia Pacific Oil & Gas Conference and Exhibition, November 17–19, 2020
Paper Number: SPE-202360-MS
... management reservoir simulation reserves evaluation rig sequence pressure depletion sangomar field drilling sequence reservoir pressure depletion mud weight window requirement reservoir pressure depletion water injector probability inflation sequence well location Introduction...
Proceedings Papers

Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 29–31, 2019
Paper Number: SPE-196459-MS
... Abstract Major accident is one of the risks that oil and gas industries are exposed to. Although its probability of occurrence is low, the impact of this unfortunate event could result in significant losses in terms of personal safety, environment preservation, company asset, production...
Proceedings Papers

Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 29–31, 2019
Paper Number: SPE-196563-MS
... Midstream Oil & Gas probabilistic assessment input data fluctuation input parameter bypass pig speed Upstream Oil & Gas average pig speed calculation bypass pig design spreadsheet flowrate pig speed probability simplify bypass pig speed calculation Background The elaboration...
Proceedings Papers

Paper presented at the SPE Asia Pacific Oil and Gas Conference and Exhibition, October 23–25, 2018
Paper Number: SPE-192097-MS
...; the treatments were classified by scenario -partial, severe, and complete losses - as well as cost, efficiency, and formation types. This paper is developed based on probabilities, expected monetary value (EMV), and decision tree analysis (DTA) to recommend the best-lost circulation treatments path for each type...
Proceedings Papers

Paper presented at the SPE Asia Pacific Oil and Gas Conference and Exhibition, October 23–25, 2018
Paper Number: SPE-192002-MS
... process are non-parametric. A Gaussian process (GP) is a generalisation of the Gaussian (or normal) probability distribution (Rasmussen and Williams, p2), and represents a collection of random variables. Typically, a probability distribution describes a scalar variable or vector for multivariate...
Proceedings Papers

Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 17–19, 2017
Paper Number: SPE-186972-MS
.... Exploration prospect Geological Probability of Success (GPOS) represents a milestone on the path to 100% or ultimate success, the latter coinciding with the time of project abandonment. As for the development phase, from the moment of "final" investment decision (FID) subsurface knowledge maturation...
Proceedings Papers

Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 17–19, 2017
Paper Number: SPE-186189-MS
... stochastic description consideration probability Introduction Project uncertainty descriptions and the level of fidelity employed can vary greatly from company to company and even within some organizations. A key objective of an uncertainty description system is normalization of results across...
Proceedings Papers

Paper presented at the SPE Asia Pacific Oil & Gas Conference and Exhibition, October 25–27, 2016
Paper Number: SPE-182410-MS
... Intelligence Game Theory information strategic planning and management reserves evaluation target threshold appraisal alternative assessment connectivity development plan probability development decision reservoir outcome appraisal activity workflow probabilistic workflow key uncertainty...
Proceedings Papers

Paper presented at the SPE Asia Pacific Oil & Gas Conference and Exhibition, October 25–27, 2016
Paper Number: SPE-182301-MS
... possible risks in and out LNG plants and describes the results obtained from modeling of identified issues. LNG information prevention consequence liquified natural gas modeling hazard safety aspect probability Midstream Oil & Gas assessment lng operation recent safety research...
Proceedings Papers

Paper presented at the SPE Asia Pacific Oil & Gas Conference and Exhibition, October 25–27, 2016
Paper Number: SPE-182324-MS
... and portfolio management Upstream Oil & Gas representation limitation well failure onshore demand rate Field Management Controller probability production monitoring reservoir simulation gas monetization calculation production network production system Reservoir Surveillance LNG gas Demand...
Proceedings Papers

Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 20–22, 2015
Paper Number: SPE-176074-MS
... likelihood model parameter optimization uncertainty quantification reservoir model differential evolution probability posterior distribution prediction algorithm Gaussian process society of petroleum engineers simulation model Introduction In making business plans for development of oil...
Proceedings Papers

Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 20–22, 2015
Paper Number: SPE-176057-MS
... incorporated in developing the standardized workflow. The portfolio optimization model provides comprehensives technical and economical evaluation. The technical success probability sub-model incorporates the technical KPIs and the project criticality index to generate project level probability. At this level...
Proceedings Papers

Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 20–22, 2015
Paper Number: SPE-176405-MS
... identification drilling contractor key risk safety factor health mitigation hazard construction regulation risk management Upstream Oil & Gas reasonably practicable rig blowout drilling project cost probability likelihood reduce drilling project cost operator society of petroleum engineers...

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