The purpose of the simulation history match phase in a study is to achieve a simulation model calibrated to historical performance for predictive production forecasting while preserving reservoir understanding in terms of reservoir characterization and fluid flow mechanisms. The classical history match simulation approach involves running a number of history match simulation cases with modified simulation model variables to obtain only one of the many probable match models to the field data.
SPE 120958Starting in the 90s, major oil and gas companies engaged in the concept of uncertainty in field exploration, reservoir characterization 5 and development 4 . The scale, variety and complexity of uncertainty factors from seismic to economics, however, has deterred even the most determined to conclude a practical integrated uncertainty and risk modeling solution 6 . Indeed, most known uncertainty management techniques consider only two possible approaches, namely, a deterministic realization to reflect reservoir physics and flow mechanisms with low and high values for all variables (i.e. uncertainty boundaries). Secondly, a probabilistic technique that encompasses all uncertain factors ranges with lesser detailed attention on reservoir physics and understanding. This paper describes the innovative Saudi Aramco Event Solution process approach to jointly manage and model uncertainty and risk through an integrated static, dynamic and economic field development strategy process. This approach that lies between a conventional deterministic and a fully probabilistic model approach, handles uncertainty through a variable elimination and narrowing down methodology. The Event Solution process involves handling uncertainty through many stages (i.e. static modeling, history match, well design and prediction stages). This paper presents the application of an innovated history match approach that provides all project stakeholders with a shared understanding of critical and non critical uncertainties (static and dynamic) in history match as carried forward to prediction under uncertainty forecasting.