General Electric Company

Panqing Gao

Naresh Sundaram Iyer

Steven Hector Azzaro

Glen Murrell

Robert Carl Lloyd Klenner

System includes one or more processors that are configured to perform iterations of the following until a predetermined condition is satisfied. The one or more processors are configured to select a modified trial schedule. The modified trial schedule is selected based on initial fluid-extraction data and initial trial schedules and, if available, prior modified trial schedules and prior modified fluid-extraction data from prior iterations. The one or more processors are configured to receive modified fluid-extraction data generated by execution of the modified trial schedule with a designated model of the reservoir. The one or more processors are also configured to update the surrogate model with the modified fluid-extraction data and the modified trial schedule. For at least a plurality of the iterations, the modified trial schedule is selected, at least in part, to reduce uncertainty in a sample space as characterized by the surrogate model.

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Oklahoma City, OK, United States of America

Panqing Gao