Abstract: A system, method and program product for evaluating a prospect. The method includes: receiving prospect information regarding a prospect for natural resource exploration; extracting a set of characteristics based on the prospect information; identifying a set of similar prospects and a set of prospect exploration results, based on the set of characteristics; receiving a success estimate for the prospect; validating the success estimate based on the set of characteristics, the set of similar prospects, and the set of prospect exploration results to determine inconsistencies in the success estimate; and approving the success estimate or receiving an updated success estimate, based on the inconsistencies in the success estimate.

Abstract: A system, method and program product for evaluating a prospect. The method includes: receiving prospect information regarding a prospect for natural resource exploration; extracting a set of characteristics based on the prospect information; identifying a set of similar prospects and a set of prospect exploration results, based on the set of characteristics; receiving a success estimate for the prospect; validating the success estimate based on the set of characteristics, the set of similar prospects, and the set of prospect exploration results to determine inconsistencies in the success estimate; and approving the success estimate or receiving an updated success estimate, based on the inconsistencies in the success estimate.

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: Conventional computational simulation and inversion of subsurface flow is expensive, which is wasteful in terms of time and energy consumption. The present invention discloses a process for implementation of mathematical techniques such as forward simulation, sensitivity analysis, and inversion to physical microstructure models for subsurface fluid simulation. This process not only offers accurate and reliable results, but also is cost effective.

Abstract: In one embodiment, a technique is provided to cluster model prior realizations into flow-equivalent sets. Thereby, far fewer representatives are identified from each cluster that can still predict the same range of future production reliably. Only representatives of each realization cluster that indicate unique forecasts will undergo the computationally expensive process of history matching.

Abstract: A infrastructure sensitivity centric weather forecast system, method of forecasting weather and a computer program product therefor. A forecasting computer applies a grid to a forecast area, locates infrastructure, e.g. power grid infrastructure, in the area and determines weather effects on infrastructure in each grid cell. A targeted selection module iteratively identifies grid cells for refinement in response to the weather effects on cell infrastructure. In each iteration a refined grid is applied to each grid cell identified as containing infrastructure that may be sensitive, or vulnerable, to expected weather. The forecasting computer refines the area considered to focus on area infrastructure and sensitivities/vulnerabilities to expected weather.

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: The present disclosure relates generally to methods, systems and computer program storage devices for generating a response to flooding. In one specific example, the present disclosure relates to methods, systems and computer program storage devices for generating one or more operational responses to flooding.

Abstract: In one embodiment, a technique is provided to cluster model prior realizations into flow-equivalent sets. Thereby, far fewer representatives are identified from each cluster that can still predict the same range of future production reliably. Only representatives of each realization cluster that indicate unique forecasts will undergo the computationally expensive process of history matching.

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: Assessing the impact of existing fractures and faults for reservoir management, in one aspect, may comprise employing a numerical mesh to generate a geomechanical model, the numerical mesh representing a geological reservoir and its surrounding regions, the numerical mesh comprising delimitation associated with regions and layering of geology without constraining the numerical mesh to explicitly represent a fault or fracture, initializing the geomechanical model to define initial stress-strain compatible with measured stress in well locations associated with the geological reservoir, generating a fluid-flow model employing the numerical mesh, solving for a coupled solution of the fluid-flow model and the geomechanical model, and employing the solved fluid-flow model and the geomechanical model to assess the impact.

Abstract: Conventional computational simulation and inversion of subsurface flow is expensive, which is wasteful in terms of time and energy consumption. The present invention discloses a process for implementation of mathematical techniques such as forward simulation, sensitivity analysis, and inversion to physical microstructure models for subsurface fluid simulation. This process not only offers accurate and reliable results, but also is cost effective.

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: Coupling fluid-flow model and geomechanical model for integrated petroleum systems, in one aspect, may comprise analyzing historical data associated with a reservoir to determine one or more triggering events that trigger abrupt changes in the state of stress of the reservoir solid framework and in the pore pressure. One or more time steps are defined based on the determined triggering events. The fluid-flow model and the geomechanical model are coupled at the one or more defined time steps, e.g., one-way or two-way. Number of iterations may be calculated automatically for the two-way coupling to converge.

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: The present disclosure relates generally to methods, systems and computer program storage devices for generating a response to flooding. In one specific example, the present disclosure relates to methods, systems and computer program storage devices for generating one or more operational responses to flooding.