Abstract
Oil production enhancement in intelligent fields is a nonlinear, high-dimension, conditional optimisation problem with a computationally expensive objective function. Stochastic estimated-gradient-based optimisation algorithms have proved to be an effective tool to solve this class of problems. Solutions to this challenging problem using the Simultaneous Perturbation Stochastic Approximation (SPSA) and Ensemble-based Optimisation (EnOpt) algorithms are evaluated and their performance compared for multiple case studies. Optimisation guidelines will also be provided.
Original language | English |
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Publication status | Published - Jul 2014 |
Event | 20th Conference of the International Federation of Operational Research Societies 2014 - , Spain Duration: 13 Jul 2014 → 18 Jul 2014 |
Conference
Conference | 20th Conference of the International Federation of Operational Research Societies 2014 |
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Country/Territory | Spain |
Period | 13/07/14 → 18/07/14 |