History matching using time-lapse seismic

A European-Commission-sponsored project uses new information provided by repeated seismic acquisitions (4D seismic) jointly with production data in an extended, efficient, and consistent history-matching process. This process involves a simultaneous minimization of the mismatch between several types of measured and simulated data. The techniques enable reconciling production-history-matched models with 4D information and reducing the uncertainty in reservoir properties.