DRILLING MEASUREMENT VALUATION

• Main Authors: OMERAGIC, Dzevat, BAILEY, William
• Format: Patent
• Language: English; French; German
• Published: 04.03.2020
• Subjects: EARTH DRILLING; EARTH DRILLING, e.g. DEEP DRILLING; FIXED CONSTRUCTIONS; MINING; OBTAINING OIL, GAS, WATER, SOLUBLE OR MELTABLE MATERIALS OR ASLURRY OF MINERALS FROM WELLS

Systems, computer-readable media, and methods for valuating measurement data, of which the method includes obtaining a first model of a subsurface volume, determining a baseline control parameter based on the first model, receiving new measurement data measured using a data collection device, the new measurement data representing one or more characteristics of the subsurface volume, and obtaining a second model of the subsurface volume based in part on the new measurement data. The first model is not based on the new measurement data. Further, the method includes determining an enhanced control parameter based on the second model, determining an enhanced value corresponding to the second model using the enhanced control parameter, determining a realized value corresponding to the second model using the baseline control parameter, and calculating a value of the new measurement data by comparing the enhanced value and the realized value.