US Patent Issued to Saudi Arabian Oil on Aug. 5 for "Systems and methods for updating hydrocarbon reservoir parameters" (Saudi Arabia Inventors)

ALEXANDRIA, Va., Aug. 6 -- United States Patent no. 12,379,515, issued on Aug. 5, was assigned to Saudi Arabian Oil Co. (Dhahran, Saudi Arabia).

"Systems and methods for updating hydrocarbon reservoir parameters" was invented by Babatope Kayode (Dhahran, Saudi Arabia) and Santiago Ariel Ganis (Dhahran, Saudi Arabia).

According to the abstract* released by the U.S. Patent & Trademark Office: "Techniques for updating hydrocarbon parameters include identifying well data associated with wells formed in subterranean formations of a hydrocarbon reservoir; determining a data density value for each well; assigning each well into a pressure grouping based on a wellbore pressure similarity of the well relative to an initial pattern well; generating...