Record Details

Title Decision Tree Analysis of Possible Drilling Outcomes to Optimise Drilling Decisions
Authors Malcolm A. Grant
Year 2008
Conference Stanford Geothermal Workshop
Keywords Decision tree, probability, optimisation, permeability
Abstract The distribution of permeability within geothermal fields is generally lognormal. Using distributions from field data, it is possible to determine expected results of drilling, and expected well performance. Using a decision tree of possible actions (drill/accept/sidetrack), drilling costs, and measurements of well injectivity, decision criteria based on injectivity are defined.
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