Optimisation of oilfield development production capacity

Richard J. Barnes, Patrick Linke, Antonis Kokossis

Research output: Chapter in Book/Report/Conference proceedingChapter

15 Citations (Scopus)

Abstract

The paper presents an optimisation method for the systematic evaluation of the economic production capacity of an offshore oil production platform. The problem is formulated as sequential mixed-integer liner programs to keep the mathematical comlexity at a low level. Continuous variables represent individual well, jacket and topsides costs and discrete variables are used to select or deselect individual wells within a defined field grid. The mathematical formation is concise and efficient to enable future extensions to consider uncertainty in reservoir performance and actual development costs. The new method is illustrated with two hypothetical fields that are based on real-life examples in the North Sea.

Original languageEnglish
Title of host publicationComputer Aided Chemical Engineering
PublisherElsevier
Pages631-636
Number of pages6
EditionC
DOIs
Publication statusPublished - 1 Jan 2002

Publication series

NameComputer Aided Chemical Engineering
NumberC
Volume10
ISSN (Print)1570-7946

ASJC Scopus subject areas

  • Chemical Engineering(all)
  • Computer Science Applications

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  • Cite this

    Barnes, R. J., Linke, P., & Kokossis, A. (2002). Optimisation of oilfield development production capacity. In Computer Aided Chemical Engineering (C ed., pp. 631-636). (Computer Aided Chemical Engineering; Vol. 10, No. C). Elsevier. https://doi.org/10.1016/S1570-7946(02)80133-X