US Patent Issued to Schlumberger Technology on March 31 for "Automated identification of well targets in reservoir simulation models" (British Inventor)

ALEXANDRIA, Va., March 31 -- United States Patent no. 12,590,509, issued on March 31, was assigned to Schlumberger Technology Corp. (Sugar Land, Texas).

"Automated identification of well targets in reservoir simulation models" was invented by Philipp Stefan Lang (Abingdon, Great Britain).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system and method are provided for identifying a wellsite target for drilling, including receiving a plurality of data regarding a wellsite, generating a distribution of reservoir properties using the plurality of data for an area of a reservoir defined within the wellsite, determining at least one opportunity index for an area in the reservoir based on at least one of the corr...