Incorporating geophysical uncertainty in field development concept selection ///

A number of cost-intensive, technically crucial decisions need to be made in oil and gas field development. A broad range of issues is involved, within geology and geophysics (G&G), reservoir management, drilling/completion technology, production strategy, facilities size/solutions, infrastructure, and transportation to the market. Deciding on the right field development option requires an organization that works together closely across the disciplines. This article presents a parallel, probabilistic approach to field appraisal and development concept selection, rather than the conventional, sequential approach.

Log in to view this article.

Not yet a subscriber?  Get started now for immediate access to this content and more.

World-Oil-Free-Trial-2015.jpg

World-Oil-Premium-Subscribe-2015.jpg

Already a subscriber but don’t have an online account? Contact our customer service.