Scenario-based robust optimization of water flooding in oil reservoirs enjoys probabilistic guarantees

Model-based optimization of the water-flooding process in oil reservoirs suffers from high levels of uncertainty arising from strongly varying economic conditions and limited knowledge of the reservoir model parameters. To handle uncertainty, diverse robust optimization approaches that use an ensemble of uncertain parameter realizations (i.e....

Model-based production optimization and history matching – some (not so) recent developments (PPT)

The Egg model

The "Egg Model" is a synthetic reservoir model consisting of an ensemble of 101 relatively small three-dimensional realizations of a channelized reservoir produced under water flooding conditions with eight water injectors and four producers. It has been used in numerous publications to demonstrate a variety of aspects related to computer...