Abstract: In accordance with one embodiment of the present disclosure, a method includes receiving exploration constraints, including a budget, receiving prospect inputs for a plurality of prospects, each prospect input having fixed inputs and dynamic inputs, generating correlation matrices based on the dynamic inputs, determining a set of drilling sequences for the plurality of prospects based on the budget, modeling, by Monte Carlo simulation, each drilling sequence of the set of drilling sequences within the prospect inputs, wherein each iteration of modeling is complete when the exploration constraints are reached, and generating an optimal drilling sequence, including a risk and a reward for the optimal drilling sequence.

Abstract: In accordance with one embodiment of the present disclosure, a method includes receiving exploration constraints, including a budget, receiving prospect inputs for a plurality of prospects, each prospect input having fixed inputs and dynamic inputs, generating correlation matrices based on the dynamic inputs, determining a set of drilling sequences for the plurality of prospects based on the budget, modeling, by Monte Carlo simulation, each drilling sequence of the set of drilling sequences within the prospect inputs, wherein each iteration of modeling is complete when the exploration constraints are reached, and generating an optimal drilling sequence, including a risk and a reward for the optimal drilling sequence.

Abstract: Embodiments of systems, non-transitory computer-readable medium having one or more computer programs stored therein, and computer-implemented methods are provided to enhance data storage and retrieval during performance of a plurality of hydrocarbon reservoir simulation runs of one or more hydrocarbon reservoir simulation models. Embodiments can relate to performing hydrocarbon reservoir simulation runs while efficiently storing simulation files by utilizing file links rather than duplicate copies of simulation files. Efficient storage can also include use of one or more shared storage locations and other separate individual hydrocarbon reservoir simulation model storage locations. Simulation files stored in the shared storage locations can be shared among a plurality of hydrocarbon reservoir simulation models. Embodiments can further relate to efficient data storage during the building, copying, or editing of a hydrocarbon reservoir simulation model.

Abstract: Embodiments of systems, non-transitory computer-readable medium having one or more computer programs stored therein, and computer-implemented methods are provided to enhance data storage and retrieval during performance of a plurality of hydrocarbon reservoir simulation runs of one or more hydrocarbon reservoir simulation models. Embodiments can relate to performing hydrocarbon reservoir simulation runs while efficiently storing simulation files by utilizing file links rather than duplicate copies of simulation files. Efficient storage can also include use of one or more shared storage locations and other separate individual hydrocarbon reservoir simulation model storage locations. Simulation files stored in the shared storage locations can be shared among a plurality of hydrocarbon reservoir simulation models. Embodiments can further relate to efficient data storage during the building, copying, or editing of a hydrocarbon reservoir simulation model.