Monte Carlo iterations

Forums Help Forum Monte Carlo iterations

  • Post
    Avatar
    Anonymous
    What are “Monte Carlo iterations” and should it always be set to 1000?
    0
    0
Viewing 1 replies (of 1 total)
  • Replies
    Oliasoft Martine
    Oliasoft Martine
    Participant
    The number of Monte Carlo iterations is the number of simulations to be run– this value can be decreased to a low number in order to check if the blowout simulation is valid. If the blowout rates are zero after running a simulation with few iterations, then you know that you have picked a wrong PVT, Multiphase flow or oil viscosity model, and you should make a change in the setup. The number of iterations should be left at 10000 when running a full simulation. If you increase the number, the simulation time will increase significantly.
    0
    0
Viewing 1 replies (of 1 total)
  • You must be logged in to reply to this topic.