Article ID Journal Published Year Pages File Type
8125632 Journal of Petroleum Science and Engineering 2017 17 Pages PDF
Abstract
For the cases tested the optimization methodology has low runtime (13 s avg.), reproduces with an acceptable accuracy (average 0.6%, maximum 5%) the original network model, it handles successfully multiple operational constraints and guarantees global optimality. Additionally, it can be easily updated to reflect depletion changes by generating new tables. Monte Carlo simulations show that model fidelity has a minimal effect in the variation of the optimal conditions found. The modifications to enforce high ESP efficiency reduce significantly the maximum oil production predicted (37%).
Related Topics
Physical Sciences and Engineering Earth and Planetary Sciences Economic Geology
Authors
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