Show simple item record

dc.contributor.authorLei, Guowen
dc.contributor.authorStanko Wolf, Milan Edvard
dc.contributor.authorSilva, Thiago Lima
dc.contributor.authorWiderøe, Tom
dc.contributor.authorSkogvang, Arnljot
dc.date.accessioned2022-03-11T08:10:30Z
dc.date.available2022-03-11T08:10:30Z
dc.date.created2021-11-23T06:53:49Z
dc.date.issued2021
dc.identifier.isbn978-0-7918-8520-8
dc.identifier.urihttps://hdl.handle.net/11250/2984481
dc.description.abstractA field with two neighboring reservoirs was discovered in the Barents Sea in 2013 and 2014. After a successful extended well test of an appraisal well in 2018 and initial field planning tasks, a preliminary drilling and production schedule was proposed based on cross-domain collaboration and group work involving several disciplines. In this paper, mathematical programming is employed to model and optimize the economic value of the project in order to determine the best drilling and production schedule for the field. The optimization includes some of the technical constraints considered by the field development team while also considering uncertainties such as reservoir size, productivity of well, and cost. These have been systematically evaluated by using simulation-based optimization (sampling). The results were that the use of mathematical programming allows the field planner to evaluate several scenarios within a reasonable time frame, thereby enabling rapid changes in the decisions to respond to new information and risk considerations in a dynamic environment. This paper illustrates the benefits of utilizing mathematical programming in early field planning to optimize the drilling and production schedule.en_US
dc.language.isoengen_US
dc.publisherASMEen_US
dc.relation.ispartofASME 2021 40th International Conference on Ocean, Offshore and Arctic Engineering Volume 10: Petroleum Technology
dc.titleThe Use of Mathematical Programming to Determine Optimal Production and Drilling Schedule in an Offshore Oil Field, A Case Study From the Barents Seaen_US
dc.typeChapteren_US
dc.description.versionpublishedVersionen_US
dc.rights.holder© ASMEen_US
dc.identifier.doi10.1115/OMAE2021-62697
dc.identifier.cristin1957558
cristin.ispublishedtrue
cristin.fulltextoriginal
cristin.qualitycode1


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record