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Workflows to Minimize Uncertainty and Risk in Type Curve Development
"Workflows to Minimize Uncertainty and Risk in Type Curve Development." This session recapitulates the insights on Bertrand Groulx approach to reducing uncertainty in type curve.
Here's a preview of what we'll cover in the webinar:
Here's a preview of what we'll cover in the webinar:
- Pragmatic ways to measure uncertainty
- Optimized analogue selection to focus on impact to reduce uncertainty
- How to measure downside potential of production outcomes using Aggregation
- Benefits of using near-term, higher-confidence, production forecasts for value-driven decisions
- An example of an Agile Risk Assessment process in action