Abstract: A resource exploitation management system, method and a computer program product therefor. A description of new geological evidence for a geological resource is received, e.g., as one or more triples describing the evidence. Keywords in the description are matched against keywords in representations in a geological resource database. Geological relations are inferred from the descriptions and matched against predefined geological relations from the geological resource database. Consistent triple matches are merged with the geological resource database. The confidence level for merged matches is updated in the geological resource database.

Abstract: One aspect includes a method for determining a drilling plan for new wells in a reservoir. The method includes categorizing the new wells into at least a first new well and a second new well, such that a drilling location for at least the first new well must be determined imminently, but a drilling location for at least the second new well can be determined at a later time. The method further includes determining potential drilling locations for the second new well, determining the drilling location for the first new well based at least in part on the determined potential drilling locations for the second new well, and outputting the drilling plan comprising the determined drilling location for the first new well and the determined potential drilling locations for the second new well.

Abstract: A system, method and program product for generating an optimal field development plan (FDP) for the exploitation of oil and gas reservoirs when the available data of the reservoir is limited. A tree is generated starting from a root node wherein each node represents a decision or an observation of the field. The tree generation includes a specific manner of combining a search and a rollout process for exploring paths providing candidates of field development plans (FDP) and adding new nodes to the tree. The method reduces drastically the computational cost providing an affordable manner of estimating an optimal field development plan (FDP) before carrying out the exploitation of the reservoir.

Abstract: A resource exploitation management system, method and a computer program product therefor. A description of new geological evidence for a geological resource is received, e.g., as one or more triples describing the evidence. Keywords in the description are matched against keywords in representations in a geological resource database. Geological relations are inferred from the descriptions and matched against predefined geological relations from the geological resource database. Consistent triple matches are merged with the geological resource database. The confidence level for merged matches is updated in the geological resource database.

Abstract: A system, method and computer program product for assessing field development plans selected based on a stochastic response surface, preferably, for hydrocarbon reservoir production. Assessment begins by assessing uncertainty associated with multiple decision variable configurations. A subset of realizations is selected. An individual surrogate is constructed for each subset realization. A reduced representative realization subset is determined, where the reduced subset is representative of the behavior/performance of all realizations of decision variable configurations.

Abstract: One aspect includes a method for determining a drilling plan for a plurality of new wells in a reservoir. The method comprises categorizing the plurality of new wells into at least a first new well and at a second new well, such that a drilling location for at least the first new well must be determined imminently, but a drilling location for at least the second new well can be determined at a later time. The method further comprises determining a plurality of potential drilling locations for the second new well, determining the drilling location for the first new well based at least in part on the determined plurality of potential drilling locations for the second new well, and outputting the drilling plan comprising the determined drilling location for the first new well and the determined plurality of potential drilling locations for the second new well.

Abstract: The present invention is related to a method of generating a production strategy for the development of a reservoir of hydrocarbon in a natural environment by solving a minimization problem involving, among others, decisional variables, in such a way said decisional variables are reduced or even eliminated by combining them with other continuous variables. The reduction of decisional variables provides a high reduction of the computational cost. The elimination of all decisional variables allow a further reduction of the computational cost as solvers such as Mixed Integer Nonlinear Programming allowing the use of decisional variables that are not needed anymore. A particular case of decisional variables are binary variables.

Abstract: A system, method and a computer program product for to determining energy production controls for a given subterranean hydrocarbon (oil) field production and more particularly to specifying controls for sustaining optimal field production (by means of a plateau-like profile over time).

Abstract: A system, method and computer program product for generating well location plans and field development plans assessing and ranking the potential of the different plans with a small number of parameters or initial conditions, thus considerably reducing the decision time for taking a particular strategy when compared with the techniques described in the art.

Abstract: A system, method and program product for generating an optimal field development plan (FDP) for the exploitation of oil and gas reservoirs when the available data of the reservoir is limited. A tree is generated starting from a root node wherein each node represents a decision or an observation of the field. The tree generation includes a specific manner of combining a search and a rollout process for exploring paths providing candidates of field development plans (FDP) and adding new nodes to the tree. The method reduces drastically the computational cost providing an affordable manner of estimating an optimal field development plan (FDP) before carrying out the exploitation of the reservoir.

Abstract: A system, method and computer program product for generating scenarios of hydrocarbon reservoirs based on limited amount of information on a target hydrocarbon reservoir, and more particularly to automatically supplying missing parameters and uncertainty associated with each supplied parameter allowing to valuating the target hydrocarbon reservoir.

Abstract: A population comparison system, method and a computer program product therefor. A stored list of population members, e.g., hydrocarbon reservoirs, characteristics and analogous members is partitioned into lists for each member. A weighting system automatically uses the partitions to determine a weight set (w*) for population member characteristic and a similarity function. The weighting system may include an objective model that iteratively, blindly identifies analogous members for each population member until the identified analogous members match the listed analogous members. An analogous member selector uses the weights set (w*) and similarity function to automatically select analogous listed members for each new population member.

Abstract: A population comparison system, method and a computer program product. A stored list of population members, e.g., hydrocarbon reservoirs, includes parameters for corresponding known characteristics and analogous members for each member. A new population member input receives new member descriptions including parameters for each respective new member. A parameter extraction system automatically extracts an estimated value for each missing key parameter, providing a supplemented description. An analogous member selector automatically selects a subset of listed population members as analogous members for each new population member responsive to the supplemented description. The analogous members serve as a basis for uncertainty characterization from the joint parameter distribution and univariate distributions for each parameter.

Abstract: A population comparison system, method and a computer program product therefor. A stored list of population members, e.g., hydrocarbon reservoirs, includes parameters for corresponding known characteristics and analogous members for each member. A new population member input receives new member descriptions including parameters for each respective new member. A parameter extraction system automatically extracts an estimated value for each missing key parameter, providing a supplemented description. An analogous member selector automatically selects a subset of listed population members as analogous members for each new population member responsive to the supplemented description.

Abstract: A system, method and a computer program product for to determining energy production controls for a given subterranean hydrocarbon (oil) field production and more particularly to specifying controls for sustaining optimal field production (by means of a plateau-like profile over time).

Abstract: A system, method and computer program product for assessing field development plans selected based on a stochastic response surface, preferably, for hydrocarbon reservoir production. Assessment begins by assessing uncertainty associated with multiple decision variable configurations. A subset of realizations is selected. An individual surrogate is constructed for each subset realization. A reduced representative realization subset is determined, where the reduced subset is representative of the behavior/performance of all realizations of decision variable configurations.

Abstract: A system, method and computer program product for generating well location plans and field development plans assessing and ranking the potential of the different plans with a small number of parameters or initial conditions, thus considerably reducing the decision time for taking a particular strategy when compared with the techniques described in the art.

Abstract: A system, method and computer program product for generating scenarios of hydrocarbon reservoirs based on limited amount of information on a target hydrocarbon reservoir, and more particularly to automatically supplying missing parameters and uncertainty associated with each supplied parameter allowing to valuating the target hydrocarbon reservoir.

Abstract: A population comparison system, method and a computer program product therefor. A stored list of population members, e.g., hydrocarbon reservoirs, characteristics and analogous members is partitioned into lists for each member. A weighting system automatically uses the partitions to determine a weight set (w*) for population member characteristic and a similarity function. The weighting system may include an objective model that iteratively, blindly identifies analogous members for each population member until the identified analogous members match the listed analogous members. An analogous member selector uses the weights set (w*) and similarity function to automatically select analogous listed members for each new population member.

Abstract: A population comparison system, method and a computer program product therefor. A stored list of population members, e.g., hydrocarbon reservoirs, includes parameters for corresponding known characteristics and analogous members for each member. A new population member input receives new member descriptions including parameters for each respective new member. A parameter extraction system automatically extracts an estimated value for each missing key parameter, providing a supplemented description. An analogous member selector automatically selects a subset of listed population members as analogous members for each new population member responsive to the supplemented description.