Full text loading...
-
Multi-Level Decision Making in the Field Development Optimization
- Publisher: European Association of Geoscientists & Engineers
- Source: Conference Proceedings, 80th EAGE Conference and Exhibition 2018, Jun 2018, Volume 2018, p.1 - 5
Abstract
A key component of the reservoir management is to take decisions about the life-cycle development or re-development activities in the oil and gas reservoirs. Implementing optimization procedure in real fields usually has encountered with operational challenges. These are the multi-objective conflicts, high number of parameter to be optimized, high computational cost, and different decision maker levels. This motivates us to design an integrated workflow for field development optimization met the mentioned concern. The methodology can be handle different technical and economical objectives simultaneously to help a better decision making process. In addition, a decision gate has been considered after each level of optimization; these gates are aligned with decision taking levels in the reservoir management procedure. Proposed workflow has been implemented in a giant offshore field; optimum scenario for IOR/EOR activates to sustain the production has been planned. Flexibility in multi-level optimization workflow causes that it can be customized for any type field regarding its condition.