Closed-loop stochastic oilfield optimization for hedging against geologic, development, and operation uncertainty - Jahandideh, Atefeh; Jafarpour, Behnam (Computational geosciences, 2020)
Keywords: Data collection; Decision making; Development projects; Development strategies; Drilling; Earth and Environmental Science; Earth Sciences; Geology; Geotechnical Engineering & Applied Earth Sciences; Hydrogeology; Mathematical Modeling and Industrial Mathematics; Oil and gas fields; Oil field equipment; Oil fields; Optimization; Original Paper; Parameter uncertainty; Reservoirs; Robustness (mathematics); Soil Science & Conservation; Stability; Stochastic processes; Uncertainty; Workflow; Oilfield development; Closed-loop stochastic optimization; Operation uncertainty