Chevron U.s.a. Inc.

Burak Yeten

Alexandre Castellini

Joseph Martin Hovadik

Pierre Muron

A system and method is taught to substantially automate forecasting for a hydrocarbon producing reservoir through integration of modeling module workflows. A control management module automatically generates static and dynamic offspring models, with static and dynamic modeling software, until a performance objective associated with the forecasting of the reservoir is satisfied. The performance objective can include an experimental design table to determine a sensitivity of a particular parameter or can be directed towards reservoir optimization, i.e., ultimate hydrocarbon recovery, net present value, reservoir percentage yield, reservoir fluid flow rate, or history matching error.

System and method for forecasting production from a hydrocarbon reservoir

A method for forecasting production from a hydrocarbon producing reservoir, the method includes defining an objective function and characteristics of a history-matched model of a reservoir and acceptable error E. At least one geological realization of the reservoir is created representing a probable geological setting. For each geological realization, a global optimization technique is used to perform history matching in a series of iterative steps to obtain acceptable models. Production of the reservoir is forecasted based upon simulation runs of the respective models.

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San Ramon, CA, United States of America

Burak Yeten