Uncertainty and Sensitivity of Permeability Models
Russell Farmer
Abstract:Quantifying and managing uncertainty leads to improved project and business performance, robust decision making, increased chance of success, fewer surprises and optimised reservoir characterisation outcomes. Informed decisions will be robust to risk and increase the likelihood of an outcome that delivers promised production from a well or development.
Petrophysicists have a crucial role in delivering an appropriate product for estimating productivity and its' uncertainty can have a significant … Show more
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