... Abstract Offshore wind presents an opportunity to increase the domestic energy supply in the United States, but cost reductions are needed. To minimize the levelized cost of energy, we developed an optimization toolset for array design, considering layout, wake effects, mooring design, anchor...

... by overfitting the training data. The final output layer, designed as a dense layer with linear activation, aggregated inputs from all preceding neurons, providing the oil rate prediction. The following Python libraries were employed to build and optimize the model: Numpy: For numerical computations...

... solution based on a fit-for-purpose cleanup transient simulator and an optimization routine that enables the determination of nonintuitive sequence of control parameters that in both cases can result in significant gains. The comparison of predicted outcome versus realization in deepwater confirms...

... contain. The architecture required to provide this solution, along with the many advantages it provides, will be discussed in the paper. artificial lift system gas injection offshore technology conference operator constraint input data contextualization optimization problem gas lift...

... to develop a prediction tool for well productivity. This data-based prediction tool is used in a workflow to optimize well locations under uncertainty, and then in another workflow, using an adaptation from modern portfolio theory (MPT) ( Markowitz 1952 ), to evaluate recommended well locations. The latter...

... considering multiple history-matched models and geological uncertainties. The field development optimization (FDO) approach requires the definition of design parameters for efficient well placement and selective perforation in untapped sweet spots using I-J-K coordinates. Fluid saturation distribution from...

... optimizers to efficiently find the maximum of a business objective mathematical function can be a very time-consuming process. The objective of this article is to demonstrate a methodology to improve the chances of finding the maximum net present value (NPV) solution for planning an offshore polymer...