SYSTEMS AND METHODS FOR EVALUATING OIL FIELD SIMULATION SCENARIOS
Systems and methods for economically evaluating multiple oil and gas field development scenarios are disclosed. In one embodiment, a method of evaluating oil field simulation scenarios includes receiving a computerized simulation scenario output for at least one oil field scenario, calculating, usin...
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| creator | Al-Shahri, Ali M Zahrani, Aidah G Nooruddin, Hasan A Shahri, Mohammed A |
| description | Systems and methods for economically evaluating multiple oil and gas field development scenarios are disclosed. In one embodiment, a method of evaluating oil field simulation scenarios includes receiving a computerized simulation scenario output for at least one oil field scenario, calculating, using one or more processors, a well count for the at least one oil field scenario, calculating, using the one or more processors, a net present value of the at least one oil field scenario, calculating, using the one or more processors, a cumulative production for the at least one oil field scenario, and displaying, in a graphical user interface, a three-dimensional plot of the at least one oil field scenario. A first axis of the three-dimensional plot is well count, a second axis of the three-dimensional plot is net present value, and a third axis of the three-dimensional plot is cumulative production. |
| format | Patent |
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In one embodiment, a method of evaluating oil field simulation scenarios includes receiving a computerized simulation scenario output for at least one oil field scenario, calculating, using one or more processors, a well count for the at least one oil field scenario, calculating, using the one or more processors, a net present value of the at least one oil field scenario, calculating, using the one or more processors, a cumulative production for the at least one oil field scenario, and displaying, in a graphical user interface, a three-dimensional plot of the at least one oil field scenario. A first axis of the three-dimensional plot is well count, a second axis of the three-dimensional plot is net present value, and a third axis of the three-dimensional plot is cumulative production.</description><language>eng</language><subject>CALCULATING ; COMPUTING ; COUNTING ; DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES ; EARTH DRILLING ; EARTH DRILLING, e.g. DEEP DRILLING ; ELECTRIC DIGITAL DATA PROCESSING ; FIXED CONSTRUCTIONS ; MINING ; OBTAINING OIL, GAS, WATER, SOLUBLE OR MELTABLE MATERIALS OR ASLURRY OF MINERALS FROM WELLS ; PHYSICS ; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR</subject><creationdate>2021</creationdate><oa>free_for_read</oa><woscitedreferencessubscribed>false</woscitedreferencessubscribed></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktohtml>$$Uhttps://worldwide.espacenet.com/publicationDetails/biblio?FT=D&date=20211111&DB=EPODOC&CC=US&NR=2021350477A1$$EHTML$$P50$$Gepo$$Hfree_for_read</linktohtml><link.rule.ids>230,308,780,885,25564,76547</link.rule.ids><linktorsrc>$$Uhttps://worldwide.espacenet.com/publicationDetails/biblio?FT=D&date=20211111&DB=EPODOC&CC=US&NR=2021350477A1$$EView_record_in_European_Patent_Office$$FView_record_in_$$GEuropean_Patent_Office$$Hfree_for_read</linktorsrc></links><search><creatorcontrib>Al-Shahri, Ali M</creatorcontrib><creatorcontrib>Zahrani, Aidah G</creatorcontrib><creatorcontrib>Nooruddin, Hasan A</creatorcontrib><creatorcontrib>Shahri, Mohammed A</creatorcontrib><title>SYSTEMS AND METHODS FOR EVALUATING OIL FIELD SIMULATION SCENARIOS</title><description>Systems and methods for economically evaluating multiple oil and gas field development scenarios are disclosed. In one embodiment, a method of evaluating oil field simulation scenarios includes receiving a computerized simulation scenario output for at least one oil field scenario, calculating, using one or more processors, a well count for the at least one oil field scenario, calculating, using the one or more processors, a net present value of the at least one oil field scenario, calculating, using the one or more processors, a cumulative production for the at least one oil field scenario, and displaying, in a graphical user interface, a three-dimensional plot of the at least one oil field scenario. A first axis of the three-dimensional plot is well count, a second axis of the three-dimensional plot is net present value, and a third axis of the three-dimensional plot is cumulative production.</description><subject>CALCULATING</subject><subject>COMPUTING</subject><subject>COUNTING</subject><subject>DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES</subject><subject>EARTH DRILLING</subject><subject>EARTH DRILLING, e.g. DEEP DRILLING</subject><subject>ELECTRIC DIGITAL DATA PROCESSING</subject><subject>FIXED CONSTRUCTIONS</subject><subject>MINING</subject><subject>OBTAINING OIL, GAS, WATER, SOLUBLE OR MELTABLE MATERIALS OR ASLURRY OF MINERALS FROM WELLS</subject><subject>PHYSICS</subject><subject>SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR</subject><fulltext>true</fulltext><rsrctype>patent</rsrctype><creationdate>2021</creationdate><recordtype>patent</recordtype><sourceid>EVB</sourceid><recordid>eNrjZHAMjgwOcfUNVnD0c1HwdQ3x8HcJVnDzD1JwDXP0CXUM8fRzV_D39FFw83T1cVEI9vQN9QEK-vspBDu7-jkGefoH8zCwpiXmFKfyQmluBmU31xBnD93Ugvz41OKCxOTUvNSS-NBgIwMjQ2NTAxNzc0dDY-JUAQCUaywE</recordid><startdate>20211111</startdate><enddate>20211111</enddate><creator>Al-Shahri, Ali M</creator><creator>Zahrani, Aidah G</creator><creator>Nooruddin, Hasan A</creator><creator>Shahri, Mohammed A</creator><scope>EVB</scope></search><sort><creationdate>20211111</creationdate><title>SYSTEMS AND METHODS FOR EVALUATING OIL FIELD SIMULATION SCENARIOS</title><author>Al-Shahri, Ali M ; Zahrani, Aidah G ; Nooruddin, Hasan A ; Shahri, Mohammed A</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-epo_espacenet_US2021350477A13</frbrgroupid><rsrctype>patents</rsrctype><prefilter>patents</prefilter><language>eng</language><creationdate>2021</creationdate><topic>CALCULATING</topic><topic>COMPUTING</topic><topic>COUNTING</topic><topic>DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES</topic><topic>EARTH DRILLING</topic><topic>EARTH DRILLING, e.g. DEEP DRILLING</topic><topic>ELECTRIC DIGITAL DATA PROCESSING</topic><topic>FIXED CONSTRUCTIONS</topic><topic>MINING</topic><topic>OBTAINING OIL, GAS, WATER, SOLUBLE OR MELTABLE MATERIALS OR ASLURRY OF MINERALS FROM WELLS</topic><topic>PHYSICS</topic><topic>SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR</topic><toplevel>online_resources</toplevel><creatorcontrib>Al-Shahri, Ali M</creatorcontrib><creatorcontrib>Zahrani, Aidah G</creatorcontrib><creatorcontrib>Nooruddin, Hasan A</creatorcontrib><creatorcontrib>Shahri, Mohammed A</creatorcontrib><collection>esp@cenet</collection></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext_linktorsrc</fulltext></delivery><addata><au>Al-Shahri, Ali M</au><au>Zahrani, Aidah G</au><au>Nooruddin, Hasan A</au><au>Shahri, Mohammed A</au><format>patent</format><genre>patent</genre><ristype>GEN</ristype><title>SYSTEMS AND METHODS FOR EVALUATING OIL FIELD SIMULATION SCENARIOS</title><date>2021-11-11</date><risdate>2021</risdate><abstract>Systems and methods for economically evaluating multiple oil and gas field development scenarios are disclosed. In one embodiment, a method of evaluating oil field simulation scenarios includes receiving a computerized simulation scenario output for at least one oil field scenario, calculating, using one or more processors, a well count for the at least one oil field scenario, calculating, using the one or more processors, a net present value of the at least one oil field scenario, calculating, using the one or more processors, a cumulative production for the at least one oil field scenario, and displaying, in a graphical user interface, a three-dimensional plot of the at least one oil field scenario. A first axis of the three-dimensional plot is well count, a second axis of the three-dimensional plot is net present value, and a third axis of the three-dimensional plot is cumulative production.</abstract><oa>free_for_read</oa></addata></record> |
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| subjects | CALCULATING COMPUTING COUNTING DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES EARTH DRILLING EARTH DRILLING, e.g. DEEP DRILLING ELECTRIC DIGITAL DATA PROCESSING FIXED CONSTRUCTIONS MINING OBTAINING OIL, GAS, WATER, SOLUBLE OR MELTABLE MATERIALS OR ASLURRY OF MINERALS FROM WELLS PHYSICS SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR |
| title | SYSTEMS AND METHODS FOR EVALUATING OIL FIELD SIMULATION SCENARIOS |
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