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oa Optimisation of Production Strategies using Stochastic Search Methods
- Publisher: European Association of Geoscientists & Engineers
- Source: Conference Proceedings, ECMOR V - 5th European Conference on the Mathematics of Oil Recovery, Sep 1996, cp-101-00045
- ISBN: 3-9500542-0-0
Abstract
This paper describes the application of stochastic search techniques to the production scheduling of a group of linked oil and gas fields. The goal was the maximisation of total net present value and a genetic algorithm using problem-specific crossover operators was particularly successful in this respect