2010
DOI: 10.1016/j.compchemeng.2009.07.011
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A structured approach to optimizing offshore oil and gas production with uncertain models

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Cited by 19 publications
(5 citation statements)
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“…The resulting large-scale nonconvex MINLP is solved with a rigorous decomposition method. Elgsaeter et al (2010) proposed a structured approach to optimize offshore oil and gas production with uncertain models which iteratively updates setpoints while documenting the benefits of each proposed setpoint change through excitation planning and result analysis. The approach is able to realize a significant portion of the available profit potential while ensuring feasibility despite large initial model uncertainty.…”
Section: Introductionmentioning
confidence: 99%
“…The resulting large-scale nonconvex MINLP is solved with a rigorous decomposition method. Elgsaeter et al (2010) proposed a structured approach to optimize offshore oil and gas production with uncertain models which iteratively updates setpoints while documenting the benefits of each proposed setpoint change through excitation planning and result analysis. The approach is able to realize a significant portion of the available profit potential while ensuring feasibility despite large initial model uncertainty.…”
Section: Introductionmentioning
confidence: 99%
“…These two traits will inevitably enlarge running costs. From an funding perspective, the uncertainty in furnish potential that buyers will be searching to low fee of manufacturing and renovation operations to make sure the protection of their funding (Treadgold, 2010) Due to these traits and challenges, oil and gasoline businesses are searching to optimize manufacturing (Elgsaeter et al, 2010) and enhance asset integrity administration (Rahim, 2010). A high-quality protection application is an integral and big aspect of operations with many benefits, including; the discount of downtime due to surprising tools failure, which improves reliability and maintainability, growing tools availability and utilization.…”
Section: Literature Reviewmentioning
confidence: 99%
“…This was first handled explicitly in Bieker et al (2007). In a later paper (Elgsaeter et al, 2010) uncertainty is accounted for by iteratively changing the setpoints until the capacity constraints, which should be active, are utilized to their limits. This approach assumes that there exists measurements to monitor capacities.…”
Section: Mathematical Programming In Daily Production Optimizationmentioning
confidence: 99%