no code implementations • 21 Jul 2022 • Yusuf Nasir, Louis J. Durlofsky
In both cases, four assets with different well counts, well configurations, and geostatistical descriptions are considered.
no code implementations • 24 Mar 2022 • Yusuf Nasir, Louis J. Durlofsky
The DRL-based methodology is shown to result in an NPV increase of 15% (for the 2D cases) and 33% (3D cases) relative to robust optimization over prior models, and to an average improvement of 4% in NPV relative to traditional CLRM.
no code implementations • 31 Mar 2021 • Yusuf Nasir, Jincong He, Chaoshun Hu, Shusei Tanaka, Kainan Wang, XianHuan Wen
The parameters that define the reservoir model, operational constraints, and economic conditions are randomly sampled from a defined range of applicability.
no code implementations • 5 Aug 2020 • Yusuf Nasir
The field development optimization (FDO) problem represents a challenging mixed-integer nonlinear programming (MINLP) problem in which we seek to obtain the number of wells, their type, location, and drilling sequence that maximizes an economic metric.