Quality assurance lessens core, log data uncertainties

10/02/2006
Quality-assurance procedures can lessen the uncertainties inherent in core and log data. Elimination of these uncertainties will help optimize the development of oil and gas fields.1Uncertainty means that a variety of outcomes may occur. The final result may be greater or less than expected. In the petroleum industry, deviations from expectation may have serious financial consequences.Despite its importance, considerable confusion exists as to the best practice for calculating uncertainty. Making a decision on uncertain data alone is insufficient. The decision requires estimating all parameters contributing to the uncertainty and then adding them together in a way that displays the confid...
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