Risk Evaluation for Production-Injection Recompletion and Sidetrack
Using a decision tree and stochastic parameters, expected monetary value is calculated to evaluate optimal sidetrack time. In view of placing a high confidence level on analytical approach to optimal sidetrack time for a waterflooded reservoir based on possible uncertainty of economic and reservoir parameters and probability of sidetrack success, a major assumption on a parameter in a previous...
Published at Energy Exploration & Exploitation, 29(3): 234-250
Published in 2011
Orodu, O. D. and Tang, Z.
Orodu Oyinkepreye David » Oyinkepreye D. Orodu is a Professor of Petroleum Engineering and has varied Oil & Gas industry experience spanning field operations in pipeline integrity and academia. Preye holds a bachelor's degree in Chemical Engineering from the University of Port Harcourt; master's in Oil & Gas Engineering, the Robert Gordon University and a doctorate in Oil & Natural Gas Engineering, China University of... view full profile
