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Mathematical Optimization in Reservoir Management
Norwegian University of Science and Technology, Faculty of Engineering Science and Technology, Department of Petroleum Engineering and Applied Geophysics.
2014 (English)MasteroppgaveStudent thesis
Abstract [en]

Getting the most out of a hydrocarbon reservoir is not a trivial task. It takes plenty of interwoven decisions to make. There are many forms of tools that support engineers to make correct decisions. The simplest ones would only display measurements in a suitable way, and appoint the rest of the decision making process to human knowledge and experience. Complex decision support tools may implement model-based estimation and optimization. This work targets methods for optimization-based decision support. The objective of this study is to formulate, implement and test promising methods of hydrocarbon production optimization through various test cases. To do this, a various optimizations algorithm were applied to the simulated reservoir models using the Matlab Reservoir Simulation Toolbox (MRST).

Place, publisher, year, edition, pages
Institutt for petroleumsteknologi og anvendt geofysikk , 2014. , 78 p.
URN: urn:nbn:no:ntnu:diva-27058Local ID: ntnudaim:12123OAI: diva2:756717
Available from: 2014-10-18 Created: 2014-10-18 Last updated: 2014-10-18Bibliographically approved

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