OPTIMIZATION OF A MULTI-PERIOD MODEL FOR VALUATION APPLIED TO FLOW CONTROL VALVES

Apparatus and methods for controlling equipment to recover hydrocarbons from a reservoir including constructing a collection of reservoir models wherein each model represents a realization of the reservoir and comprises a subterranean formation measurement, estimating the measurement for the model collection, and controlling a device wherein the controlling comprises the measurement estimate wherein the constructing, estimating, and/or controlling includes a rolling flexible approach and/or a nearest neighbor approach.