In the area of reservoir engineering, the optimization of oil and gas production is a complex
task involving a myriad of interconnected decision variables sha** the production system's …

Abstract Multi-objective optimization (MOO), which involves more than one conflicting
objective to be optimized simultaneously, is expected to provide efficient and …

The efficient development of an oil field mostly depends on a comprehensive optimization of
subsurface flow. To account for several discrete or even contradicting objectives, multi …

Oil and gas field development optimization, which involves the determination of the optimal
number of wells, their drilling sequence and locations while satisfying operational and …

We consider robust ensemble-based multi-objective optimization using a hierarchical
switching algorithm for combined long-term and short term water flooding optimization. We …

The making of development plan to produce an oil or gas field usually involves several
distinct stakeholders (eg, the operator, partners and the government) with many …

Abstract Statoil is implementing “Fast Model Update (FMU),” an integrated and automated
workflow for reservoir modeling and characterization. FMU connects all steps and …

Field development and control optimization aim to maximize the economic profit of oil and
gas production. Mathematically, this results in a complex optimization problem with a large …

Conflicting objectives are frequently encountered in most real-world problems. When
dealing with conflicting objectives, decision makers prefer to obtain a range of possible …

A new methodology for the joint optimization of optimal economic project life (EPL) and time-
varying well controls is introduced. The procedure enables the maximization of net present …