SPE Annual Technical Conference and Exhibition 2012
DOI: 10.2118/160907-stu
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A Robust Optimization Tool Based on Stochastic Optimization Methods for Waterflooding Project

Abstract: The increasing demand of crude oil has led to the increasing needs to improve recovery. Waterflooding is one of the most common secondary recovery techniques applied to many reservoirs. The method of waterflooding is to inject water into the reservoir to maintain reservoir pressure. In general, the determination of well locations is structured to form certain pattern (e.g. five spot). However, it is not the only factor affecting the optimum configuration. Besides reservoir rocks, fluid characteristics and well… Show more

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Cited by 3 publications
(3 citation statements)
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“…The multiscale simulation was used to evaluate the response of the model, while stochastic simplex approximate gradient was used to compute the gradient of the objective function by implementing forward simulation reaction. Stochastic optimization based on evolutionary technology was also implemented by Ambia [35] to optimize the waterflooded performance index such as the NPV and recovery factor. A synthetic model was built to determine the optimum well pattern, spacing, production and injection scheme that will improve the NPV and recovery factor.…”
Section: Gradient Based Waterflood Optimizationmentioning
confidence: 99%
See 1 more Smart Citation
“…The multiscale simulation was used to evaluate the response of the model, while stochastic simplex approximate gradient was used to compute the gradient of the objective function by implementing forward simulation reaction. Stochastic optimization based on evolutionary technology was also implemented by Ambia [35] to optimize the waterflooded performance index such as the NPV and recovery factor. A synthetic model was built to determine the optimum well pattern, spacing, production and injection scheme that will improve the NPV and recovery factor.…”
Section: Gradient Based Waterflood Optimizationmentioning
confidence: 99%
“…Review Summary. Optimization Algorithm Reference Data driven proxies Self-Optimizing Control [33], [146], [151], [153] - [155] Correlation based models [82], [112] - [126] Reduced order models [100], [127] - [130] Model Predictive control [132] - [139] Machine learning [157] Mean Variance optimization [18], [27] Robust optimization, Sequential Quadratic programming (SQP) [14] - [32], [35] - [39] Optimal Control theory [10], [85]- [93], [94] - [111] Ensemble Kalman Filter [14], [38], [71] - [82]…”
Section: Data-driven Optimization Approachmentioning
confidence: 99%
“…Stochastic methods are procedures to find the near-optimum solution of a problem based on random number generation (Ambia, 2012). Certain rules are applied to the random numbers so that they would act as "searching agents" in the defined search space with the objective of finding a near-optimum solution.…”
Section: Eor Optimization Evaluationmentioning
confidence: 99%