For decision making, it is crucial to have proper reservoir characterization and uncertainty assessment of reservoir performances. Since initial models constructed with limited data have high uncertainty, it is essential to integrate both static and dynamic data for reliable future predictions. Uncertainty quantification is computationally demanding because it requires a lot of iterative forward simulations and optimizations in a single history matching, and multiple realizations of reservoir models should be computed. In this paper, a methodology is proposed to rapidly quantify uncertainties by combining streamline-based inversion and distance-based clustering. A distance between each reservoir model is defined as the norm of differences of generalized travel time (GTT) vectors. Then, reservoir models are grouped according to the distances and representative models are selected from each group. Inversions are performed on the representative models instead of using all models. We use generalized travel time inversion (GTTI) for the integration of dynamic data to overcome high nonlinearity and take advantage of computational efficiency. It is verified that the proposed method gathers models with both similar dynamic responses and permeability distribution. It also assesses the uncertainty of reservoir performances reliably, while reducing the amount of calculations significantly by using the representative models.

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