Challenges And Solutions In Stochastic Reservoir Modelling

Download or read book Challenges and Solutions in Stochastic Reservoir Modelling written by Vasily Demyanov and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Many advances in stochastic reservoir modelling have been introduced in the past decade. Novel method of data integration and more accurate representation of geology have been developed with the advances in spatial statistics. However, integrated approach for predictive reservoir modelling still attracts continuous effort to manage reservoir decisions under uncertainty and make better use of the increasing amounts of data and domain knowledge accumulated in the field. Many solutions to these challenges lie in the cross-disciplinary vision, where modern rigour of computer science and statistics brought together with core geological and engineering domain expertise and basic physical conceptual thinking.