Petrel uncertainty

Perform sensitivity and uncertainty analysis and generate probabilistic forecasts to optimize operational constraints and improve field development

Overview

Across the breadth of hydrocarbon exploitation there is uncertainty from acquisition, analysis, application, technology, and economics, all the way to timing and resources. This array of variability presents a significant challenge in assessing the viability of recovering hydrocarbon.

The key is to quantify these unknowns into probabilistic risks related to the engineered recovery mechanisms.

Petrel™ uncertainty enables the quantification of not only geophysical and geological uncertainties but also time- and pressure-based reservoir uncertainties to provide comprehensive coverage of the quantification of the incertitude.

Maximizing reservoir contact by investigating different well path scenarios using uncertainty workflows in Petrel RE.

Investigate the impact variables can have on total production by harnessing the power of different uncertainty parameterization.

Investigate different sweep scenarios to maximize oil and gas recovery while minimizing costly injected fluids.

Easily manage a large number of uncertainty simulations to understand correlations and trends across an array of uncertainty parameters.

Applications

Connect sources of uncertainty

Petrel Uncertainty provides geoscientists and engineers with the ability to connect the different sources of uncertainty to one central application. Once in Petrel, a variety of plots can be used to analyze the ranges of static and dynamic possibilities, via traditional visualization such as tornado and cumulative production plots, or more novel visualization of trends and relationships between variables and optimization progress.

Make more confident decisions

The pursuit of quantification of the uncertainty space can be organized, intuitively plotted, and adjusted to reach the targeted objective more efficiently. Petrel also provides logical ways to modify existing model properties while implementing sampling methods, such as Monte Carlo, and de facto case management to keep a tidy trail of the uncertainty expedition.

Through the capture of both static and dynamic aspects of subsurface uncertainty, users are able to make more confident risk-adjusted decisions.

Benefits

Perform sensitivity and uncertainty analysis and generate probabilistic forecasts to optimize operational constraints and improve field development

Features

Maximizing reservoir contact by investigating different well path scenarios using uncertainty workflows in Petrel RE.
Investigate the impact variables can have on total production by harnessing the power of different uncertainty parameterization.
Access the impact of key geological and dynamic uncertainties on STOIIP, production and other measures
Integrate connectivity studies with petrophysical, geoscience, and engineering domains

Training

NExT Petrel training courses