Effective hydrocarbon reservoir exploration decision making

An improved methodology for managing hydrocarbon exploration of at least one prospect. The methodology involves iterative processing that allows decision makers to iterate on assumptions and refine underlying probabilistic models as well as optimize the set of recommended exploration activities that...

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Bibliographische Detailangaben
Hauptverfasser: GLENN KOLLER, ROBIN WALKER, IAN D BRYANT, RODNEY LAVER, HANS ERIC KLUMPEN, ANDREW RICHARDSON, ANDREW BISHOP
Format: Patent
Sprache:eng
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Zusammenfassung:An improved methodology for managing hydrocarbon exploration of at least one prospect. The methodology involves iterative processing that allows decision makers to iterate on assumptions and refine underlying probabilistic models as well as optimize the set of recommended exploration activities that are to be performed over time as additional knowledge is gained.