-The power of the Everest tool is to assist in optimizing strategies while capturing the underlying reservoir uncertainty, which is modelled by an ensemble of realizations. A crucial factor for the success of the optimization is to have good enough model quality and the uncertainty well represented - i.e., to span the current understanding or knowledge of the reservoir uncertainty. Moreover, the greater the reservoir complexity, the more important it is to have many model realizations in the ensemble, i.e., to span the actual reservoir uncertainty. The alternative might lead to a situation where the strategy is not representative. The essential takeaways is that Everest cannot improve a model's quality or uncertainty representation, and that the quality of the Everest optimization results is dependent on the quality of the underlying model and uncertainty representation.
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