A Novel Assisted History Matching Workflow and its Application in a Full Field Reservoir Simulation Model

a study on rate making and required reserves determination in reinsurance market: a simulation

reinsurance is widely recognized as an important instrument in the capital management of an insurance company as well as its risk management tool. this thesis is intended to determine premium rates for different types of reinsurance policies. also, given the fact that the reinsurance coverage of every company depends upon its reserves, so different types of reserves and the method of their calc...

A Novel Two Phase Hybrid Switched Reluctance Motor/Field-Assisted Generator: Concept, Simulation, and Experimental Confirmation

The switched reluctance motor is a simple and robust machine, which has found application over a wide power and speed ranges in different shapes and geometries. This paper introduces a new configuration for a two phase unidirectional switched reluctance motor/field assisted generator. The proposed novel motor/generator consists of two magnetically independent stator and rotor sets (layers), whe...

Distance Dependent Localization Approach in Oil Reservoir History Matching: A Comparative Study

To perform any economic management of a petroleum reservoir in real time, a predictable and/or updateable model of reservoir along with uncertainty estimation ability is required. One relatively recent method is a sequential Monte Carlo implementation of the Kalman filter: the Ensemble Kalman Filter (EnKF). The EnKF not only estimate uncertain parameters but also provide a recursive estimat...

Application of M3GM in a Petroleum Reservoir Simulation

Reservoir formations exhibit a wide range of heterogeneity from micro to macro scales. A simulation that involves all of these data is highly time consuming or almost impossible; hence, a new method is needed to meet the computational cost. Moreover, the deformations of the reservoir are important not only to protect the uppermost equipment but also to simulate fluid pattern and petroleum produ...

STOCHASTIC SIMULATION And RESERVOIR MODELING WORKFLOW

A Parallel Stochastic Framework for Reservoir Characterization and History Matching

1 Institute for Computational Engineering and Sciences, The University of Texas at Austin, Austin, TX 78712, USA 2 Chevron ETC, San Ramon, CA 94583, USA 3 ConocoPhillips, Houston, TX 77252, USA 4 Institute for Computational Engineering and Sciences, Department of Aerospace Engineering and Engineering Mechanics, The University of Texas at Austin, Austin, TX 78712, USA 5 Department of Petroleum a...