2016
DOI: 10.3390/pr4040052
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Real-Time Optimization under Uncertainty Applied to a Gas Lifted Well Network

Abstract: Abstract:In this work, we consider the problem of daily production optimization in the upstream oil and gas domain. The objective is to find the optimal decision variables that utilize the production systems efficiently and maximize the revenue. Typically, mathematical models are used to find the optimal operation in such processes. However, such prediction models are subject to uncertainty that has been often overlooked, and the optimal solution based on nominal models can thus render the solution useless and… Show more

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Cited by 59 publications
(30 citation statements)
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“…Decision trees, which are a strong regression method, have a clear concept description for a dataset. The decision tree learning method is a popular method because of its fast data processing capability and because it produces successful performance predictive models [42,43]. The alternative decision tree (ADTree) method consists of decision nodes and prediction nodes.…”
Section: Alternating Decision Treementioning
confidence: 99%
“…Decision trees, which are a strong regression method, have a clear concept description for a dataset. The decision tree learning method is a popular method because of its fast data processing capability and because it produces successful performance predictive models [42,43]. The alternative decision tree (ADTree) method consists of decision nodes and prediction nodes.…”
Section: Alternating Decision Treementioning
confidence: 99%
“…The online model-based approach relies on measurements collected online together with the process model. Depending on the type of optimization problem, the online model-based approach can be further classified as steady-state real-time optimization (SRTO) [15] and dynamic real-time optimization (DRTO) [16] or economic model predictive control (EMPC) [17]. Due to the steady-state wait time for SRTO and computation complexity of DRTO and EMPC, the convergence rate for the online model-based approach is also slow.…”
Section: Introductionmentioning
confidence: 99%
“…Currently, there are many different ways to increase the reservoir productivity which is at the third stage of development. Among the main methods, the following ones can be singled out (Krishnamoorthy et al 2016;Feng et al 2012;Xiaogang et al 2010;Ren et al 2007;Zhu et al 2009;Huang et al 2012;Liao et al 2003;Biagi et al 2014):…”
Section: Introductionmentioning
confidence: 99%