Patent · US Active

Robust optimization-based decision support tool for reservoir development planning

US8504335B2 · kind B2 · utility

7Cited by
50References
20Claims
0Family size

Assignee

Inventors

Key dates

Filing dateMar 9, 2009
Grant dateAug 6, 2013
Priority date
Expiry dateJan 5, 2030

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06F2111/10
  • WIPO fieldComputer technology
  • WIPO sectorElectrical engineering

Abstract

A robust optimization-based decision support tool for reservoir development planning can comprise a source of input data, an optimization model, a high fidelity model for simulating the reservoir, and one or more solution routines interfacing with the optimization model. The optimization model can consider unknown parameters having uncertainties directly within the optimization model. The model can systematically address uncertain data, for example, comprehensively or even taking all uncertain data into account. Accordingly, the optimization model can provide flexible or robust optimization solutions that remain feasible over an uncertainty space. Once the reservoir model is optimized, final development plans may be generated.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.