Behavioural science suggests that human nature favours decisions that satisfy (good enough is good?), not necessarily those that optimise. Often value is left on the table, particularly when risks & uncertainties are involved. More than fifty years ago an approach was born which helps to overcome this human limitation, namely Decision Risk Analysis (DRA), which …
This event will STILL be held at the scheduled time and place. Nearly all fracturing literature attributes the productivity of unconventional reservoirs to the presence of a distributed fracture network within the body of the reservoir. The hydraulic fracture is assumed to be the main conduit connecting these natural fractures to each other and to …
Nearly all fracturing literature attributes the productivity of unconventional reservoirs to the presence of a distributed fracture network within the body of the reservoir. The hydraulic fracture is assumed to be the main conduit connecting these natural fractures to each other and to the wellbore. Based on a rigorous analytical solution, this presentation reviews the …
This Event has been cancelled due to weather in Houston Oil and gas operators are inherently good with structured data, naturally, as this is the very data in which their decisions are based. Unstructured data has always been the thorn in the side of the data hungry oil and gas operator. Every geologist or …
This website stores data such as cookies to enable necessary site functionality, including analytics, targeting and personalization. By using our website, you agree to our Privacy Policy and cookies usage.