Stochastically generating facility and well schedules
US7546228B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Apr 30, 2004 |
| Grant date | Jun 9, 2009 |
| Priority date | — |
| Expiry date | Mar 4, 2026 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q10/0637
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system comprising a memory and a processor. The memory is configured to store data and program instructions for a processing method. The processor is configured to read the program instructions from the memory. In response to execution of the program instructions, the processor is operable to: (a) instantiate one or more well process times associated with a first schedule; (b) instantiate a facility establishment time associated with first schedule; (c) instantiate zero or more dependency delays associated with the first schedule; (d) resolve event dates in the first schedule based on resolved event dates in one or more other schedules, the one or more instantiated well process times, the instantiated facility establishment time, and the instantiated dependency delays; (e) compute costs for facility establishment and well processes (e.g., well drilling and well completion) using the resolved event dates.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.