US Patent Issued to Saudi Arabian Oil on Feb. 24 for "History-matching methodology that minimizes non-uniqueness problem and ensure smooth transition from history to prediction" (Saudi Arabia Inventor)

ALEXANDRIA, Va., Feb. 24 -- United States Patent no. 12,561,500, issued on Feb. 24, was assigned to Saudi Arabian Oil Co. (Dhahran, Saudi Arabia).

"History-matching methodology that minimizes non-uniqueness problem and ensure smooth transition from history to prediction" was invented by Babatope Kayode (Al Khobar, Saudi Arabia).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods include a computer-implemented method for predicting values. A numerical simulation model is generated based on observed production rates and flowing pressure and build-up (FPBU) test rates. A simulated diagnostic plot is generated using simulated FPBU data extracted from the numerical simulation model. Simulation model...