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We can forecast future performances with less uncertainty after reservoir characterization, which is an essential step for integrating available static and dynamic data in history matching.
But forecasting future performance is notoriously hard in a business dependent on hits -- and harder yet at DreamWorks, where the library of existing films does not yet provide enough revenue to offset periods without new hits.
Decline curve analysis is used for analyzing declining production rates and forecasting future performance of oil and gas wells.
This paper presents a new approach for generating uncertain reservoir performance predictions and quantifying the uncertainty associated with forecasting future performance.
Researchers have realized the potential value of the textual analysis of financial reports for detecting fraud, managing risk, and forecasting future performance.
Pressure transient data from downhole gauges are one of the key parameters in characterizing reservoir properties and forecasting future reservoir performance.
Computer models that try to forecast future climate behaviour have to incorporate these details if they are to improve their simulation performance.
The model is then used to forecast future production profiles.
The study does not seek to forecast future change.
The resulting model is then used to forecast future values.
Numerous models have been developed to forecast future plant distributions.
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