Optimization under uncertainty for integrated models
Abstract:
A method can include receiving realizations of a model of a reservoir that includes at least one well where the realizations represent uncertainty in a multidimensional space; selecting a portion of the realizations in a reduced dimensional space to preserve an amount of the uncertainty; optimizing an objective function based at least in part on the selected portion of the realizations; outputting parameter values for the optimized objective function; and generating at least a portion of a field operations plan based at least in part on at least a portion of the parameter values.
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