Systems and method for assessing seismic risk
Abstract:
Systems and methods for assessing seismic risk. The system and methods disclose deriving a model that is used to assess seismic risk of operations at a given location. A first location is identified for which at least one training seismic risk value is known from independent sources. A plurality of training input parameters associated with the first location is received. The at least one training seismic risk value is received. A process model is derived that relates the plurality of training input parameters to the at least one training seismic risk value by determining influence values of the training input parameters. A second location is identified for which a seismic risk is to be determined. A plurality of working input parameters associated with the second location is received. The process model is applied to the plurality of working input parameters to determine a seismic risk value at the second location.
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