Title
Multi-stage goal programming models for production optimization in the middle and later periods of oilfield development
Abstract
The present paper proposes two weighted goal-programming models for optimizing crude oil production in the middle and later periods of oilfield development. These models divide the oil yield optimization problem into two stages according to the characteristics of Chinese oil companies’ yield compositions. In the first stage, the total planned crude oil yield will be optimized by four sub-yields, while each sub-yield will be allocated optimally among different oil extract plants in the later stage. A case study is conducted to validate the proposed models. The results show that the model can address the annual crude oil yield planning subjectively. Moreover, the proposed model can rationally allocate resources among various extract oil plants and effectively reduce production costs in the context of ensuring planned oil yields.
Year
DOI
Venue
2017
10.1007/s10479-015-1866-9
Annals OR
Keywords
Field
DocType
Oil production optimization, Goal programming, Production composition, In the middle and later periods
Mathematical optimization,Crude oil,Goal programming,Optimization problem,Mathematics
Journal
Volume
Issue
ISSN
255
1-2
1572-9338
Citations 
PageRank 
References 
1
0.36
8
Authors
4
Name
Order
Citations
PageRank
Shiwei Yu1689.54
shuwen zhang251.63
lawrence agbemabiese310.36
fukun zhang410.36