Cooperative Research and Development Agreement between National Energy Technology Laboratory and VariGrid Explorations Inc. [Final Report]
The scope of this project is to advance the National Energy Technology Laboratory’s (NETL) Variable Grid Method (VGM) technology to commercial status thought enhancements upon prior work to produce a VGM application that can rapidly quantify multiple types of data and uncertainty commonly encountered by the subsurface energy industry. Along with development, the project will also include technology demonstrations, through applications using common industry data types and uncertainty metrics, to stress the value the VGM can offer the subsurface energy industry by providing an improved understanding of the strengths and limitations of their data, models, and analytical results. The resulting commercially ready VGM will offer interoperability with common industry software applications to ensure broad ‘plug and play’ functionality that will help keep costs relatively low and foster more rapid industry adoption.