US Patent Issued to Landmark Graphics on Sept. 16 for "Model parameter reductions and model parameter selection to optimize execution time of reservoir management workflows" (Texas Inventors)

ALEXANDRIA, Va., Sept. 17 -- United States Patent no. 12,416,223, issued on Sept. 16, was assigned to Landmark Graphics Corp. (Houston).

"Model parameter reductions and model parameter selection to optimize execution time of reservoir management workflows" was invented by Yevgeniy Zagayevskiy (Houston), Shohreh Amini (Houston), Srinath Madasu (Houston), Zhi Chai (Houston) and Azor Nwachukwu (Houston).

According to the abstract* released by the U.S. Patent & Trademark Office: "An apparatus for generating forecasts from a high-dimensional parameter data space comprising a reservoir model, a model order reduction module, and an assisted history matching module. The reservoir model having input variables, output variables, and an algorithmic ...