Fast Real-Time Production Optimization for Integrated Asset Modelling Using Mixed-Integer Non-Linear Programming in Julia Language

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Titel: Fast Real-Time Production Optimization for Integrated Asset Modelling Using Mixed-Integer Non-Linear Programming in Julia Language
Autoren: Ramiro Canchucaja
Quelle: SPE Latin American and Caribbean Petroleum Engineering Conference.
Verlagsinformationen: SPE, 2023.
Publikationsjahr: 2023
Beschreibung: This study proposes a method for integrated asset modelling by using machine learning along with operations research algorithms to perform real-time constrained production optimization and maximize operational profit in a real-time basis. The methodology, which is mainly about the transformation of field and well performance to equations, inequalities, and matrixes, was tested successfully in the operation of a gas condensate field where operational profit increased, in abnormal conditions when personnel normally act mostly based on experience, pre-conceived notion, or solutions to previously solved problems. The study provides a solution with full data-driven objectivity for decision-making using the results of a mixed integer non-linear programming problem.
Publikationsart: Article
DOI: 10.2118/213138-ms
Dokumentencode: edsair.doi...........5ceb2e61924c68a0b5859dacdb967327
Datenbank: OpenAIRE
Beschreibung
Abstract:This study proposes a method for integrated asset modelling by using machine learning along with operations research algorithms to perform real-time constrained production optimization and maximize operational profit in a real-time basis. The methodology, which is mainly about the transformation of field and well performance to equations, inequalities, and matrixes, was tested successfully in the operation of a gas condensate field where operational profit increased, in abnormal conditions when personnel normally act mostly based on experience, pre-conceived notion, or solutions to previously solved problems. The study provides a solution with full data-driven objectivity for decision-making using the results of a mixed integer non-linear programming problem.
DOI:10.2118/213138-ms