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A framework for history matching - StreamSim Technologies, Inc.

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Mepo significantly reducing the turnaround time to update models<br />

The Multipurpose Environment<br />

<strong>for</strong> Parallel Optimisation (Mepo),<br />

is designed to support the process of History<br />

Matching in Reservoir Engineering.<br />

While the turnaround time <strong>for</strong> creating new<br />

and updating old models has been significantly<br />

reduced, the reservoir engineer still<br />

has to validate the model through <strong>history</strong><br />

<strong>matching</strong> and uncertainty assessment, be<strong>for</strong>e<br />

generating production <strong>for</strong>ecasts.<br />

Most oil companies spend a significant amount<br />

of time in creating geological models <strong>for</strong> reser-<br />

voir simulation. Significant resources are<br />

consumed when adapting to multidisciplinary<br />

work and integrated reservoir modeling work-<br />

flows. While recent software developments have<br />

reduced the modeling time tremendously, the<br />

<strong>history</strong> <strong>matching</strong> or model validation task is still<br />

cumbersome and very time-consuming.<br />

If you cannot match the observed data to your<br />

simulation model, the <strong>history</strong> <strong>matching</strong> process<br />

can exceed the time used to create or update the<br />

reservoir model by a factor of 10.<br />

Furthermore, if you do not have the capacity <strong>for</strong><br />

additional <strong>history</strong> <strong>matching</strong>, you will probably<br />

pick the apparent best match so far, and use this<br />

model <strong>for</strong> production <strong>for</strong>ecasting. Bad decisions<br />

are often taken due to the large uncertainties in<br />

the model, e.g. drilling of wells missing reservoir<br />

targets.<br />

What if the <strong>history</strong> <strong>matching</strong> and<br />

uncertainty assessment could be<br />

per<strong>for</strong>med quickly and at a low<br />

cost?<br />

Mepo, a new software <strong>framework</strong>, is revolutionising<br />

<strong>history</strong> <strong>matching</strong> by reducing manpower<br />

requirements and assessing the uncertainty of<br />

simulation models. Recent studies show a reduction<br />

in modeling time of more than 50%.

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