“…This motivates the need for optimizing the investment and operations decisions to ensure the highest return on the investments over the given time horizon. There are several deterministic models that have been proposed for the oil/gas field infrastructure planning problem (Lee and Aranofsky 2 , Aronofsky and Williams 3 , Frair 4 , Bohannon 5 , Sullivan 6 , Haugland et al 7 , Behrenbruch 8 , Iyer et al 9 , Van den Heever and Grossmann 10 , Kosmidis et al 11 , Barnes et al. 12 , Ortiz-Gomez et al 13 , Tsarbopoulou 14 , Carvalho and Pinto 15,16 , Gupta and Grossmann 17 ).…”