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The general form of objective function  for production targets optimisation is given by:



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G = \sum_{y=1}^{N_y} \frac{AG_y}{(1+r)^y} \rightarrow \rm max



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AG_y = \sum_t G_t




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G_t = G_t^{+} - G_t^{-}




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G_t^{+} =  \sum_{k=1}^{N^{\uparrow}_P} \left[ R_O(t) \cdot q^{\uparrow}_{O, k}(t) + R_G(t) \cdot  q^{\uparrow}_{G, k}(t) \right] 



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G_t^{-} = 
 \sum_{k=1}^{N^{\uparrow}_P} C^{\uparrow}_{L,k} \cdot q^{\uparrow}_{L, k}(t)
+\sum_{k=1}^{N^{\uparrow}_P} C^{\uparrow}_{O,k} \cdot q^{\uparrow}_{O, k} (t)
+\sum_{k=1}^{N^{\uparrow}_P} C^{\uparrow}_{G,k} \cdot q^{\uparrow}_{G, k} (t)
+\sum_{k=1}^{N^{\uparrow}_P} C^{\uparrow}_{W,k} \cdot q^{\uparrow}_{W, k}(t)
+\sum_{i=1}^{N^{\downarrow}_W} C^{\downarrow}_{W,j} \cdot q^{\downarrow}_{W, i}(t)
+\sum_{j=1}^{N^{\downarrow}_G} C^{\downarrow}_{G,j} \cdot q^{\downarrow}_{G, j}(t)
+ C_{WS} \cdot q_{WS}(t)
+ C_{GS} \cdot q_{GS}(t)




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q_{WS}(t) = \sum_{i=1}^{N^{\downarrow}_W}  q^{\downarrow}_{W, i}(t) - \sum_{k=1}^{N^{\uparrow}_P} q^{\uparrow}_{W, k}(t) 



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C_{WS}(t)= \begin{cases} 
C^{\uparrow}_{WS}(t), & \mbox{if } q_{WS}(t)>0 
\\ 
C^{\downarrow}_{WS}(t), & \mbox{if } q_{WS}(t)<0 
\end{cases}



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q_{GS}(t) = \sum_{j=1}^{N^{\downarrow}_G}  q^{\downarrow}_{G, j}(t) - \sum_{k=1}^{N^{\uparrow}_P} q^{\uparrow}_{G, k}(t)



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anchor0I6LB
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C_{GS}(t)= \begin{cases} 
C^{\uparrow}_{GS}(t), & \mbox{if } q_{GS}(t) > 0 
\\ 
C^{\downarrow}_{GS}(t), & \mbox{if } q_{GS}(t) > 0 
\end{cases}



where

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bodyN_y

yearsassessment period

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bodyt

daysday within a given year

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bodyr

discount rate

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body--uriencoded--q%5e%7B\uparrow%7D_%7BO, k%7D(t)

volume/day

oil production rate for 

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bodyk
-th producer

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body--uriencoded--C%5e%7B\uparrow%7D_%7BO,k%7D(t)

cash/volume

cost of produced oil treatment and transportation from 

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bodyk
-th wellhead to CMS

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bodyR_O(t)

cash/volumeoil selling price

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body--uriencoded--q%5e%7B\uparrow%7D_%7BG, k%7D(t)

volume/day

gas production rate for 

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bodyk
-th producer

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body--uriencoded--C%5e%7B\uparrow%7D_%7BG,k%7D(t)

cash/volume

cost of produced gas treatment and transportation from 

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bodyk
-th wellhead to CMS

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bodyR_G(t)

cash/volumegas selling price

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body--uriencoded--q%5e%7B\uparrow%7D_%7BW, k%7D(t)

volume/day

water production rate for 

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bodyk
-th producer

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body--uriencoded--C%5e%7B\uparrow%7D_%7BW,k%7D(t)

cash/volume

cost of produced water treatment and transportation from 

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bodyk
-th wellhead to CMS

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body--uriencoded--N%5e%7B\uparrow%7D_P(t)

counts

number of producers at 

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bodyt

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body--uriencoded--q%5e%7B\uparrow%7D_%7BL, k%7D(t)

volume/day

liquid production rate for 

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bodyk
-th producer

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body--uriencoded--C%5e%7B\uparrow%7D_%7BL, k%7D(t)

cash/volume

cost of fluid lift from reservoir to the 

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bodyk
-th wellhead, cash/volume




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body--uriencoded--q_%7BWS%7D(t)

volume/day

water supply/disposal rate

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body--uriencoded--C%5e%7B\uparrow%7D_%7BWS%7D(t)

cash/volumecost of water supply

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body--uriencoded--C%5e%7B\downarrow%7D_%7BWS%7D(t)

cash/volumecost of water disposal

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body--uriencoded--q_%7BGS%7D(t)

volume/daygas supply/disposal rate

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body--uriencoded--C%5e%7B\uparrow%7D_%7BGS%7D(t)

cash/volumecost of gas supply

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body--uriencoded--C%5e%7B\downarrow%7D_%7BGS%7D(t)

cash/volumecost of gas disposal

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body--uriencoded--q%5e%7B\downarrow%7D_%7BW, i%7D(t)

volume/day

water injection rate for 

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bodyi
-th water injector

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body--uriencoded--C%5e%7B\downarrow%7D_%7BW,i%7D(t)

cash/volume

cost of water injection, including treatment, transportation and pumping into 

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bodyi
-th well

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body--uriencoded--N%5e%7B\downarrow%7D_W(t)

counts

number of water injectors at 

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bodyt

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body--uriencoded--q%5e%7B\downarrow%7D_%7BG, i%7D(t)

volume/day

gas injection rate for 

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bodyi
-th gas injector

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body--uriencoded--C%5e%7B\downarrow%7D_%7BG,j%7D(t)

cash/volume

cost of gas injection, including purchase, treatment, transportation and pumping into 

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bodyi
-th well

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body--uriencoded--N%5e%7B\downarrow%7D_G(t)


counts


number of gas injectors at 

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bodyt

...



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G_t = \sum_{p=1}^{N^{\uparrow}_P} C^{\uparrow}_{OGW}(t)  \cdot q^{\uparrow}_{L, p}(t)
- \sum_{i=1}^{N^{\downarrow}_W} C^{\downarrow}_{W,i} \cdot q^{\downarrow}_{W, i}(t) 
- \sum_{j=1}^{N^{\downarrow}_G} C^{\downarrow}_{G,j} \cdot q^{\downarrow}_{G, j}(t)
- C^{\uparrow}_{WS,k} \cdot q^{\uparrow}_{WS}(t)
-C^{\uparrow}_{GS} \cdot q^{\uparrow}_{GS}(t)




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C^{\uparrow}_{OGW}(t) = \left[  (R_O(t) -  C^{\uparrow}_{O,p}) + (R_G(t) - C^{\uparrow}_{G,p}) \cdot  Y_{g,p}(t) \right]  \cdot (1- Y_{w,p}(t)) 
- C^{\uparrow}_{L,p} - C^{\uparrow}_{W,p} \cdot Y_{w,p}(t) 

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q_{WS}(t) = \sum_{i=1}^{N^{\downarrow}_W}  q^{\downarrow}_{W, i}(t) - \sum_{k=1}^{N^{\uparrow}_P} q^{\uparrow}_{W, k}(t) 
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C_{WS}(t)= \begin{cases} 
C^{\uparrow}_{WS}(t), & \mbox{if } q_{WS}(t) > 0 
\\ 
C^{\downarrow}_{WS}(t), & \mbox{if } q_{WS}(t) > 0 
\end{cases}
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q_{GS}(t) = \sum_{j=1}^{N^{\downarrow}_G}  q^{\downarrow}_{G, j}(t) - \sum_{k=1}^{N^{\uparrow}_P} q^{\uparrow}_{G, k}(t)
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C_{GS}(t)= \begin{cases} 
C^{\uparrow}_{GS}(t), & \mbox{if } q_{GS}(t)  >  0 
\\ 
C^{\downarrow}_{GS}(t), & \mbox{if } q_{GS}(t)  >  0 
\end{cases}



where

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body--uriencoded--Y_%7Bw,k%7D(t) = q_%7BW,k%7D / q_%7BL,k%7D

Watercut in 

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bodyk
-th well

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body--uriencoded--Y_%7Bg,k%7D(t) = q_%7BG,k%7D / q_%7BO,k%7D

Gas-Oil Ratio in 

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bodyk
-th well

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