Page 250 - Intelligent Digital Oil And Gas Fields
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200                                       Intelligent Digital Oil and Gas Fields


          and optimization methods have emerged and have been deployed in assets
          worldwide. For example, the implementation of top-down reservoir models
          (TDRM) (Williams et al., 2004) has been proven to add 20% to the net pre-
          sent value (NPV) and has proven significantly more efficient than the manual
          history-matching process, when applied to the optimization of the carbonate
          reservoir in the North Sea. While manual history matching gave very poor
          results due to >80 variables/parameters, the TDRM approach produced an
          acceptable match in less than a month and showed 50 million to 150 million
          more barrels of oil than the manual approach (Cope, 2011). Moreover, the
          use of a multipurpose environment for parallel optimization (MEPO)
          (Schulze-Riegert et al., 2001) has helped operators analyze—in half a
          day—hundreds of operating scenarios and proposed the NPV range solu-
          tions with the worst case of $13 million and the best case of $27 million
          (Cope, 2011). In addition, numerous oil and gas optimization studies have
          recently been published in the literature and deployed for these purposes:
          •  Dynamic optimization of waterflooding with smart wells using optimal
             control theory, a gradient-based optimization technique (Brouwer and
             Jansen, 2002; Brouwer et al., 2004) and adjoint-based optimal control
             (Sarma et al., 2006, 2008; Suwartadi et al., 2011).
          •  Waterflood performance management and optimization using data-
             driven predictive analytics from capacitance resistance models (CRM)
             for rapid characterization of inter-well connectivity and continuous
             update of injection rates to maximize oil production and recovery
             (Kansao et al., 2017).
          •  Multiobjective optimization with applications to model calibration and
             uncertainty quantification (Schulze-Riegert et al., 2007).
          •  Closed-loop production optimization and management using robust,
             constrained optimization of short- and long-term NPV (Wang et al.,
             2007; Chen et al., 2012) and ensemble-based optimization, using data
             assimilation techniques (Chen et al., 2009).
          •  Real-time optimization and proactive control of waterflood perfor-
             mance in intelligent wells, equipped by wellbore pressure and temper-
             ature sensors and inflow control valves (ICVs) (Temizel et al., 2015) and
             real-time reservoir management using multiscale adaptive optimization
             and control (Saputelli et al., 2006).
          •  Top-down intelligent reservoir modeling (TDIRM) (Gomez et al., 2009),
             which integrates traditional reservoir engineering analysis with artificial
             intelligence and data mining [artificial neural networks (ANNs), fuzzy sets]
             to predict reservoir performance and optimize development strategies.
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