2020
DOI: 10.1177/0144598720974425
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A field development strategy for the joint optimization of flow allocations, well placements and well trajectories

Abstract: One of the major goals that field planning engineers and decision makers have to achieve in terms of reservoir management and hydrocarbon recovery optimization is the maximization of return on financial investments. This task yet very challenging due to high number of decision variables and some uncertainties, pushes the engineers and technical advisors to seek for robust optimization methods in order to optimally place wells in the most profitable locations with a focus on increasing the net-present value ove… Show more

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Cited by 5 publications
(2 citation statements)
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“…The representation for the distribution of hydrants in a geographic area is a vector containing locations of hydrants. We study an optimal allocation problem; a GA was considered appropriate although there are other heuristics like spotted hyena optimizer algorithm [6] where the objective function includes minimizing the energy losses cost; GA is one the best alternatives to apply when trying to solve well placement and production allocation problems like in hydrocarbon production optimization [6]. The research justifies socially because a strategic map of hydrants would optimize resources like the time to help in an emergency situation and have a city much more prepared to control a major fire efficiently.…”
Section: Motivationmentioning
confidence: 99%
“…The representation for the distribution of hydrants in a geographic area is a vector containing locations of hydrants. We study an optimal allocation problem; a GA was considered appropriate although there are other heuristics like spotted hyena optimizer algorithm [6] where the objective function includes minimizing the energy losses cost; GA is one the best alternatives to apply when trying to solve well placement and production allocation problems like in hydrocarbon production optimization [6]. The research justifies socially because a strategic map of hydrants would optimize resources like the time to help in an emergency situation and have a city much more prepared to control a major fire efficiently.…”
Section: Motivationmentioning
confidence: 99%
“…Advances in downhole logging techniques and lab-based experiments have contributed to a more nuanced understanding of these petrophysical attributes. Such insights have been pivotal in optimizing drilling practices [19][20][21][22], which have evolved from traditional vertical wells to more complex deviated and horizontal trajectories [23,24]. High-resolution reservoir simulations and geomechanical models are frequently employed to predict the impacts of different drilling and completion scenarios [25].…”
Section: Introductionmentioning
confidence: 99%