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Goncalves Dias De Barros, E. (author), Yap, F.K. (author), Insuasty, E (author), Van den Hof, PMJ (author), Jansen, J.D. (author)
Closed-loop reservoir management (CLRM) is a combination of life-cycle optimization and computerassisted history matching. The application of the CLRM framework to real field cases can be computationally demanding. An even higher computational load results from procedures to assess the value of information (VOI) in CLRM. Such procedures, which...
conference paper 2016