JPT Reservoir Simulation

William Bailey, Principal, Schlumberger

SPE.org 

A radical digital revolution is happening all around us (or so we are told). This digital domain is moving so rapidly that new acronyms are being added to our lexicon almost weekly (BD, DA, DNN, GAN, and ML, to name but a few). So how will this affect reservoir simulation? Speaking for myself, I really do not know. However, I came across an interesting article from the Harvard Business Review that examined the effect of innovative information technology (IIT) on some large US-based consumer businesses, and, while specific benefits of IIT were clearly stated, the authors opined, “In times of radical technological change, there’s a lot of figuring out to do.