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This review paper discusses the increasing use of proxy models (PMs) in oil and gas reservoir engineering, emphasizing their role in optimizing production, uncertainty analysis, and risk assessment. It proposes a novel classification of proxy models into four categories: multi-fidelity models, reduced-order models, traditional proxy models, and smart proxy models, highlighting the advantages of smart proxy models over traditional ones. The paper aims to provide guidelines for the development and application

Author
Xinran Liuzihan
Language
EN