All Days 2015
DOI: 10.2118/174318-ms
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An Ensemble-Based Method for Constrained Reservoir Life-Cycle Optimization

Abstract: We consider the problem of finding optimal long-term (life-cycle) recovery strategies for hydrocarbon reservoirs by use of simulation models. In such problems the presence of operating constraints, such as for example a maximum rate limit for a group of wells, may strongly influence the range of possible solutions. Commercial simulators often offer the possibility to use heuristic rules to deal with constraints during simulation. It is first shown that such an approach imposes serious limitations for important… Show more

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Cited by 2 publications
(1 citation statement)
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“…The main advantage of the use of ensemble-based workflows is that uncertainty can be properly taken into account. While the optimization worklow in the example was applied to a single model realization only, we have demonstrated (e.g., Leeuwenburgh et al, 2015) that the constrained optimization workflow can be extended to multiple model realizations. Finally, the work presented here demonstrates an alternative approach to solve hierarchical multi-objective optimization problems in which a primary objective can be identified as being more important than a secondary objective.…”
Section: Discussionmentioning
confidence: 99%
“…The main advantage of the use of ensemble-based workflows is that uncertainty can be properly taken into account. While the optimization worklow in the example was applied to a single model realization only, we have demonstrated (e.g., Leeuwenburgh et al, 2015) that the constrained optimization workflow can be extended to multiple model realizations. Finally, the work presented here demonstrates an alternative approach to solve hierarchical multi-objective optimization problems in which a primary objective can be identified as being more important than a secondary objective.…”
Section: Discussionmentioning
confidence: 99%