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Keywords: robust optimization
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Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, September 23–25, 2024
Paper Number: SPE-220821-MS
... optimal NPV than the min-max constraint scheme, but at the cost of possible constraint violation for some individual geological realizations. Application results demonstrate that our nonlinearly constrained stochastic gradient-based robust optimization framework has great potential to be a rapid...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, October 16–18, 2023
Paper Number: SPE-215155-MS
... reservoir geomechanics geological subdiscipline realization initialization constraint caprock ensemble initialization 1 geomechanical risk leakage fracture international journal climate change injection formulation robust optimization Introduction Carbon Capture and Storage has been...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, September 28–30, 2015
Paper Number: SPE-175106-MS
... parameters that describe the well locations and gradually improving the objective function via the update formula in Eq. 5 for the conventional single-model optimization and Eq. 6 for robust optimization. Abstract Optimal decisions about well placement and control in geologically complex reservoirs...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, September 24–27, 2006
Paper Number: SPE-102913-MS
... the impact of geological uncertainties in the field development phase known as a robust optimization (RO). RO uses a set of realizations that reflect the range of possible geological structures honoring the statistics of the geological uncertainties. In our study we used 100 realizations of a 3-dimensional...

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