Optimization of a multi-period model for valuation applied to flow control valves
US9708899B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Oct 12, 2012 |
| Grant date | Jul 18, 2017 |
| Priority date | — |
| Expiry date | Jan 3, 2034 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG01V2210/665
- WIPO fieldCivil engineering
- WIPO sectorOther fields
Abstract
Apparatus and methods for controlling equipment to recover hydrocarbons from a reservoir including constructing a collection of reservoir models wherein each model represents a realization of the reservoir and comprises a subterranean formation measurement, estimating the measurement for the model collection, and controlling a device wherein the controlling comprises the measurement estimate wherein the constructing, estimating, and/or controlling includes a rolling flexible approach and/or a nearest neighbor approach.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.