Validation and Analysis of the Physics-Based Scaling Curve Method for Ultimate Recovery Prediction in Hy-Draulically Fractured Shale Gas Wells

D Arias Ortiz, N Bounceur, TW Patzek - SPE Annual Technical …, 2022 - onepetro.org
proposed the generalized physics-based scaling curve method as an alternative approach
to the empirical decline curve analysis that predicted shale gas well production …

Parameter Estimation for a Gas Lifting Oil Well Model Using Bayes' Rule and the Metropolis–Hastings Algorithm

Z Ban, A Ghaderi, N Janatian, C Pfeiffer - 2022 - openarchive.usn.no
Oil well models are frequently used in the oil production process. Estimation of unknown
parameters of these models has long been a question of great interest in the oil industry …

[HTML][HTML] Dynamic parameter estimation and uncertainty analysis of electrical submersible pumps-lifted oil field using Markov chain Monte Carlo approaches

Z Ban, C Pfeiffer - Geoenergy Science and Engineering, 2024 - Elsevier
Parameter estimation is an important part of model fitting in the design and validation of a
first-principle oil well model, which describes pressure and flow dynamics in an oil well …

Using Bayesian leave-one-out and leave-future-out cross-validation to evaluate the performance of rate-time models to forecast production of tight-oil wells

LM Ruiz Maraggi, LW Lake, MP Walsh - SPE Reservoir Evaluation & …, 2022 - onepetro.org
Production forecasting is usually performed by applying a single model from a classical
statistical standpoint (point estimation). This approach neglects:(a) model uncertainty and (b) …

Bayesian Predictive Performance Assessment of Rate-Time Models for Unconventional Production Forecasting

LM Ruiz Maraggi, LW Lake, MP Walsh - SPE Europec featured at …, 2021 - onepetro.org
A common industry practice is to select a particular model from a set of models to history
match oil production and estimate reserves by extrapolation. Future production forecasting is …

Bayesian Predictive Performance Assessment of Rate-Time Models for Unconventional Production Forecasting

LR Maraggi, LW Lake, MP Walsh - 82nd EAGE Annual Conference & …, 2021 - earthdoc.org
A common industry practice is to select a particular model from a set of models to history
match oil production and estimate reserves by extrapolation. Future production forecasting is …

HMC Techniques for Reducing the Uncertainty of Gas-Lifted Oil Field Model

K Jayamanne, B Lie - 2023 - mic-journal.no
Parametric model uncertainties could have a high impact on the predictive capabilities of a
model. When process measurements become available, these uncertainties may be …

Validation and Analysis of the Physics-Based Scaling Curve Method for Ultimate Recovery Prediction in Hy-Draulically Fractured Shale Gas Wells

D Arias, N Bounceur, T Patzek - 2022 - repository.kaust.edu.sa
Abstract Patzek et al.(2013, 2014) proposed the generalized physics-based scaling curve
method as an alternative approach to the empirical decline curve analysis that predicted …

Averaging predictions of rate-time models using Bayesian leave-future-out cross-validation and the Bayesian Bootstrap in Probabilistic Unconventional Production …

LM Ruiz Maraggi, LW Lake, MP Walsh - SPE/AAPG/SEG Asia Pacific …, 2021 - onepetro.org
Two main limitations occur when selecting a model with the best predictive accuracy over a
set of candidates to extrapolate future production of wells. First, from a Bayesian standpoint …

Parameter and State Estimation for an Oil Production Model using Julia

Z Ban, C Pfeiffer, B Lie - Scandinavian Simulation Society, 2022 - ecp.ep.liu.se
Dynamic models of industrial processes play an instrumental role in the operation of such
processes from smart sensors, data reconciliation, to advanced control. For good …