Method and apparatus and program storage device adapted for automatic qualitative and quantitative risk assesssment based on technical wellbore design and earth properties

• US 20050228905A1
• Filed: 03/17/2004
• Published: 10/13/2005
• Est. Priority Date: 03/17/2004
• Status: Active Grant

• Current Assignee: Schlumberger Technology Corporation (SLB)
• Original Assignee: Schlumberger Technology Corporation (SLB)
• Inventors: Givens, Kris, Veeningen, Daan
• Granted Patent: US 7,653,563 B2
• Time in Patent Office: Days
• US Class Current: 710/1
• CPC Class Codes: G06Q 10/0635 Risk analysis of enterprise or organisation activities
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof
• CPC Class Codes: G06Q 40/08 Insurance

Abstract

A Software System, known as an Automatic Well Planning Risk Assessment Software System, is adapted to determine and display risk information in response to a plurality of input data by: receiving the plurality of input data, the input data including a plurality of input data calculation results; comparing each calculation result of the plurality of input data calculation results with each logical expression of a plurality of logical expressions; ranking by the logical expression the calculation result; and generating a plurality of ranked risk values in response thereto, each of the plurality of ranked risk values representing an input data calculation result that has been ranked by the logical expression as either a high risk or a medium risk or a low risk; generating the risk information in response to the plurality of ranked risk values; and displaying the risk information.

Claims