Proceedings of SPE Annual Technical Conference and Exhibition 2005
DOI: 10.2523/96986-ms
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Optimal Field Development Planning of Well Locations With Reservoir Uncertainty

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Cited by 7 publications
(6 citation statements)
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“…(Cottini-Loureiro & Araujo, 2005) (Cullick, Heath, Narayanan, April, & Kelly, 2004) (Cullick, Narayanan, & Gorell, 2005) Onwunalu, & Aziz, 2006) (Bailey, Couet, & Wilkinson, 2005) (Osterloh & Menard, 2007) (Ozdogan, Sahni, Yeten, Guyaguler, & Chen, 2005) (Shelkov, et al) (Baris & Horne, 2001) (Guyaguler & Horne, 2001). A proxy based approach may be found in (Jutila & Goodwin, 2006).…”
Section: Approaches To History Matching and Uncertainty Quantificationmentioning
confidence: 99%
“…(Cottini-Loureiro & Araujo, 2005) (Cullick, Heath, Narayanan, April, & Kelly, 2004) (Cullick, Narayanan, & Gorell, 2005) Onwunalu, & Aziz, 2006) (Bailey, Couet, & Wilkinson, 2005) (Osterloh & Menard, 2007) (Ozdogan, Sahni, Yeten, Guyaguler, & Chen, 2005) (Shelkov, et al) (Baris & Horne, 2001) (Guyaguler & Horne, 2001). A proxy based approach may be found in (Jutila & Goodwin, 2006).…”
Section: Approaches To History Matching and Uncertainty Quantificationmentioning
confidence: 99%
“…The production history data obtained from the wells, as they are drilled, are integrated into the well placement decisions. Cullick et al (2005) developed an optimization methodology for locating wells with design constraints simultaneously for depletion drive and water injection based using dynamic simulator outputs based on predictions of ultimate recovery and NPV.…”
Section: Well Placementmentioning
confidence: 99%
“…2,3 The objective function is usually taken as the NPV, but can be another or a combination of economic or production metrics such as ROR or reserves. Difficulty in applying classical optimization techniques to the development planning problem is the nonlinear solution space with many possible locally optimal solutions, a set of equations often not differentiable, and a mix of continuous and discrete variables.…”
Section: Uncertainty and Optimizer Calculatorsmentioning
confidence: 99%