Abstract:Uncertainty analysis is usually conducted during field development, in order to quantify the uncertainty within the field, its impact on the recovery and the development strategy used in developing the field. However, uncertainty analysis usually focuses on field level, with little or no analysis done on the direct impact of well placement within uncertain region and it's impact on the field recovery i.e. well level uncertainty analysis. In order to investigate this and as a part the field phase development st… Show more
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