Original scientific paper

https://doi.org/10.31803/tg-20220604112718

Quick Review: Uncertainty of Optimization Techniques in Petroleum Reservoir Management

Amir Naser Akhavan ; Management, Technology, and Science Departments, AmirKabir Technology University Tehran, No. 350, Hafez Ave, Valiasr Square, 1591634311 Tehran, Iran
Seyed Emad Hosseini orcid.org/0009-0003-9759-7404 ; Management, Technology, and Science Departments, AmirKabir Technology University Tehran, No. 350, Hafez Ave, Valiasr Square, 1591634311 Tehran, Iran
Mohsen Bahrami ; Mechanical Engineering Solid Design Department, AmirKabir University of Technology Tehran, No. 350, Hafez Ave, Valiasr Square, 1591634311 Tehran, Iran

Abstract

The notable increase in petroleum demand, together with a decline in discovery rates, has highlighted the desire for efficient production of existing oil wells worldwide. Mainly, the productivity of the existing large oil fields makes us consider the principles of managing reservoirs to make the most of extraction. At the same time, many different uncertainties in the course of the developing oil field, including geological, operational, and economic uncertainties, have a detrimental impact on the reservoir's effective production, which is why dealing with uncertainty is crucial for maximizing output. There is a broad variety of studies on managing oil reservoirs under uncertainty information in the literature. In this study a short review of earlier works has been done on optimization strategies and management of uncertainty in reservoir production.

Keywords

management of reservoir; management of uncertainty; optimization approaches

Hrčak ID:

301535

URI

https://hrcak.srce.hr/301535

Publication date:

15.6.2023.

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