Invention Grant
- Patent Title: Optimization of a multi-period model for valuation applied to flow control valves
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Application No.: US14351519Application Date: 2012-10-12
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Publication No.: US09708899B2Publication Date: 2017-07-18
- Inventor: Michael David Prange , William J. Bailey , Dadi Wang
- Applicant: SCHLUMBERGER TECHNOLOGY CORPORATION
- Applicant Address: US TX Sugar Land
- Assignee: SCHLUMBERGER TECHNOLOGY CORPORATION
- Current Assignee: SCHLUMBERGER TECHNOLOGY CORPORATION
- Current Assignee Address: US TX Sugar Land
- International Application: PCT/US2012/059899 WO 20121012
- International Announcement: WO2013/059079 WO 20130425
- Main IPC: G05D11/00
- IPC: G05D11/00 ; E21B44/00 ; E21B43/12

Abstract:
Apparatus and methods for controlling equipment to recover hydrocarbons from a reservoir including constructing a collection of reservoir models wherein each model represents a realization of the reservoir and comprises a subterranean formation measurement, estimating the measurement for the model collection, and controlling a device wherein the controlling comprises the measurement estimate wherein the constructing, estimating, and/or controlling includes a rolling flexible approach and/or a nearest neighbor approach.
Public/Granted literature
- US20140257577A1 OPTIMIZATION OF A MULTI-PERIOD MODEL FOR VALUATION APPLIED TO FLOW CONTROL VALVES Public/Granted day:2014-09-11
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