Tell me in details about the history matching process

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History matching is the process of adjusting reservoir simulation model parameters to match historical production data.

History matching involves adjusting reservoir properties such as permeability, porosity, and fluid properties to match observed production data.
It is an iterative process that typically involves running multiple simulations with different parameter values and comparing the results to historical data.
The goal of history matching is to improve the accuracy of the reservoir simulation model and increase confidence in its predictions.
History matching helps reservoir engineers better understand the behavior of the reservoir and make more informed decisions about production strategies.
Examples of parameters that may be adjusted during history matching include well locations, completion designs, and reservoir boundaries.

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