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.
|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||20th Conference of the International Federation of Operational Research Societies 2014|
|Period||13/07/14 → 18/07/14|