Reserves Augmentation by Designing an Optimum Waterflood Pattern with Black Oil Simulator

Overreporting Oil Reserves

An increasing number of oil market experts argue that OPEC members substantially overstate their oil reserves. While the economic implications could be dire, the incentives for overreporting remain unclear. This paper analyzes these incentives, showing that oil exporters may overreport to raise expected future supply, thereby discouraging oil-substituting R&D and improving their own future mark...

Designing Optimum Oil Thickness in Artificial Human Knee Joint by Simulated Annealing

In human knee joints, synovial fluid film covers the surface of synovium and cartilage within the joint space. Synovial joints acts as bearing in mechanical system. Although the artificial human joints differ from most mechanical bearings in their nature, they have been modeled and analyzed in terms of hydrodynamic bearing of engineering. In this study, nature inspired an algorithm, the simulat...

ESTIMATION of PRIMARY OIL RESERVES

This paper reviews the methods currently in use for estimating primary oil reserves and discusses the principles on which these methods are based. Particular emphasis is placed on how these methods change with the type of information available during the life cycle of an oil property. This paper contains various novel estimating methods and shortcuts heretofore unpublished.

Pore-scale modeling: Effects of wettability on waterflood oil recovery

An Optimum Decision Rule for Pattern Recognition

The concept of rejection is extended to that of class-selective rejection. That is, when an input pattern cannot be reliably assigned to one of the N classes in a N -class problem, it is assigned to a subset of classes that are most likely to issue the pattern, instead of simply rejecting the pattern. First, a new optimality criterion is appropriately de ned to accommodate the newly introduced ...