The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Mar. 02, 2021
Filed:
Jan. 30, 2015
Landmark Graphics Corporation, Houston, TX (US);
Joe Lynch, Katy, TX (US);
Travis Ramsay, Katy, TX (US);
Landmark Graphics Corporation, Houston, TX (US);
Abstract
Method and system for optimizing production from an oil and gas reservoir includes selecting a geocellular grid representing at least one property of the reservoir, defining a data range for the property that reflects uncertainty regarding which values may be used for the property, defining a first reservoir simulation model, simulating production from the reservoir with the model using the at least one property, comparing the output of the simulated production from the reservoir with a predetermined criteria based on historical data, and modifying the property to a different value within the data range for the property if the predetermined historical criteria is not met. These steps may be repeated for at least two values for the property within the data range. The above may be repeated for a second reservoir model and the outputs of the simulated production for the models may then be ranked according to predefined criteria.