A NEW INTEGRATED STATIC-DYNAMIC ASSISTED HISTORY MATCHING AND PROBABILISTIC FORECASTING WITH NPV ANALYSIS FOR “L” FIELD

This paper performed a workflow in history matching process and obtain the geological realism in L Field, that started from static-dynamic history matching until economy analysis for forecast. The method that will be use has been implemented in several field around the world, proving able to reduce...

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Main Author: Olivinia Yusra, Siti
Format: Final Project
Language:Indonesia
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Online Access:https://digilib.itb.ac.id/gdl/view/48972
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Institution: Institut Teknologi Bandung
Language: Indonesia
id id-itb.:48972
spelling id-itb.:489722020-08-21T04:27:32ZA NEW INTEGRATED STATIC-DYNAMIC ASSISTED HISTORY MATCHING AND PROBABILISTIC FORECASTING WITH NPV ANALYSIS FOR “L” FIELD Olivinia Yusra, Siti Pertambangan dan operasi berkaitan Indonesia Final Project Integrated Static-Dynamic, Assisted History Matching, Perkiraan Probabilistik, Net Present Value. INSTITUT TEKNOLOGI BANDUNG https://digilib.itb.ac.id/gdl/view/48972 This paper performed a workflow in history matching process and obtain the geological realism in L Field, that started from static-dynamic history matching until economy analysis for forecast. The method that will be use has been implemented in several field around the world, proving able to reduce time of history matching process and lead into better production strategy. The method begins with obtain multiple static model using sensitivity of porosity and rock characteristic analyzation using Hydraulic Flow Unit. For the matching process, begins with build an integrated assisted history matching workflow. Then perform assisted history matching that starts from sensitivity analysis using the Latin Hypercube Algorithm and uncertainty analysis in the static-dynamic model. The process continues with the optimization process using the Particle Swarm Optimization Algorithm to minimize the different values between historical data and calculation. This method also allows the use multi objective function. After providing history matching, a forecast is conducted including the economic analysis. The integrated static-dynamic assisted history matching is conducted and matched with the historical data. There are 11 uncertainty variables that was obtained for the matching process. The most sensitive uncertainty variables are permeability by region, depth of fluid contact, relative permeability, and aquifer strength. Proposed probabilistic forecast on several parameters will give estimated of Net Present Value (NPV) for each scenario. As the use of integrated static-dynamic history matching workflow, the model result still fulfills the realism of geology and reservoir characteristic. The importance of involving static property in history matching to minimize geological realism, reducing cost & time using Artificial Intelligence (AI) for history matching and performing probabilistic study based on document Pedoman Tata Kerja (PTK) from SKK-Migas related on plan of development of oil and gas in Indonesia. text
institution Institut Teknologi Bandung
building Institut Teknologi Bandung Library
continent Asia
country Indonesia
Indonesia
content_provider Institut Teknologi Bandung
collection Digital ITB
language Indonesia
topic Pertambangan dan operasi berkaitan
spellingShingle Pertambangan dan operasi berkaitan
Olivinia Yusra, Siti
A NEW INTEGRATED STATIC-DYNAMIC ASSISTED HISTORY MATCHING AND PROBABILISTIC FORECASTING WITH NPV ANALYSIS FOR “L” FIELD
description This paper performed a workflow in history matching process and obtain the geological realism in L Field, that started from static-dynamic history matching until economy analysis for forecast. The method that will be use has been implemented in several field around the world, proving able to reduce time of history matching process and lead into better production strategy. The method begins with obtain multiple static model using sensitivity of porosity and rock characteristic analyzation using Hydraulic Flow Unit. For the matching process, begins with build an integrated assisted history matching workflow. Then perform assisted history matching that starts from sensitivity analysis using the Latin Hypercube Algorithm and uncertainty analysis in the static-dynamic model. The process continues with the optimization process using the Particle Swarm Optimization Algorithm to minimize the different values between historical data and calculation. This method also allows the use multi objective function. After providing history matching, a forecast is conducted including the economic analysis. The integrated static-dynamic assisted history matching is conducted and matched with the historical data. There are 11 uncertainty variables that was obtained for the matching process. The most sensitive uncertainty variables are permeability by region, depth of fluid contact, relative permeability, and aquifer strength. Proposed probabilistic forecast on several parameters will give estimated of Net Present Value (NPV) for each scenario. As the use of integrated static-dynamic history matching workflow, the model result still fulfills the realism of geology and reservoir characteristic. The importance of involving static property in history matching to minimize geological realism, reducing cost & time using Artificial Intelligence (AI) for history matching and performing probabilistic study based on document Pedoman Tata Kerja (PTK) from SKK-Migas related on plan of development of oil and gas in Indonesia.
format Final Project
author Olivinia Yusra, Siti
author_facet Olivinia Yusra, Siti
author_sort Olivinia Yusra, Siti
title A NEW INTEGRATED STATIC-DYNAMIC ASSISTED HISTORY MATCHING AND PROBABILISTIC FORECASTING WITH NPV ANALYSIS FOR “L” FIELD
title_short A NEW INTEGRATED STATIC-DYNAMIC ASSISTED HISTORY MATCHING AND PROBABILISTIC FORECASTING WITH NPV ANALYSIS FOR “L” FIELD
title_full A NEW INTEGRATED STATIC-DYNAMIC ASSISTED HISTORY MATCHING AND PROBABILISTIC FORECASTING WITH NPV ANALYSIS FOR “L” FIELD
title_fullStr A NEW INTEGRATED STATIC-DYNAMIC ASSISTED HISTORY MATCHING AND PROBABILISTIC FORECASTING WITH NPV ANALYSIS FOR “L” FIELD
title_full_unstemmed A NEW INTEGRATED STATIC-DYNAMIC ASSISTED HISTORY MATCHING AND PROBABILISTIC FORECASTING WITH NPV ANALYSIS FOR “L” FIELD
title_sort new integrated static-dynamic assisted history matching and probabilistic forecasting with npv analysis for “l” field
url https://digilib.itb.ac.id/gdl/view/48972
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