The general form of objective function for production targets optimisation is given by:
G(t) = \sum_{k=1}^{N^{\uparrow}_P} \left[ R_O \cdot q^{\uparrow}_{O, k} + R_G \cdot q^{\uparrow}_{G, k} \right] - \sum_{p=1}^{N^{\uparrow}_P} C^{\uparrow}_{L,k} \cdot q^{\uparrow}_{L, k} - \sum_{p=1}^{N^{\uparrow}_P} C^{\uparrow}_{O,k} \cdot q^{\uparrow}_{O, k} - \sum_{p=1}^{N^{\uparrow}_P} C^{\uparrow}_{G,k} \cdot q^{\uparrow}_{G, k} - \sum_{p=1}^{N^{\uparrow}_P} C^{\uparrow}_{W,k} \cdot q^{\uparrow}_{W, k} - \sum_{i=1}^{N^{\downarrow}_W} C^{\downarrow}_{W,j} \cdot q^{\downarrow}_{W, i} - \sum_{j=1}^{N^{\downarrow}_G} C^{\downarrow}_{G,j} \cdot q^{\downarrow}_{G, j} \rightarrow \rm max |
where
volume/day | oil production rate for -th producer, | cash/volume | cash/volume | oil selling price | ||||
---|---|---|---|---|---|---|---|---|
volume/day | gas production rate for -th producer, | cash/volume | cash/volume | gas selling price | ||||
volume/day | water production rate for -th producer | cash/volume | counts | number of producers at | ||||
volume/day | liquid production rate for -th producer | cash/volume | cost of fluid lift from reservoir to the -th wellhead, cash/volume | counts | number of water injectors at | |||
volume/day | water injection rate for -th water injector | cash/volume | cost of water injection, including purchase, treatment, transportation and pumping into -th well | counts | number of gas injectors at | |||
volume/day | gas injection rate for -th gas injector | cash/volume | cost of gas injection, including purchase, treatment, transportation and pumping into -th well | months | time |
Left part of equation can be rewritten in terms of Sandface flowrates:
G = \sum_{p=1}^{N^{\uparrow}_P} G^{\uparrow}_{t,k} \cdot q^{\uparrow}_{t, k} - \sum_{i=1}^{N^{\downarrow}_W} G^{\downarrow}_w \cdot q^{\downarrow}_{w, i} - \sum_{j=1}^{N^{\downarrow}_G} G^{\downarrow}_g \cdot q^{\downarrow}_{g, j} \rightarrow \rm max |
G^{\uparrow}_{t,k} = \frac{\left[ (R_O - C^{\uparrow}_{O,k}) + (R_G - C^{\uparrow}_{G,k}) \cdot Y_{g,k} \right] \cdot (1- Y_{w,k}) - C^{\uparrow}_{L,k} \cdot q^{\uparrow}_{L, k} - C^{\uparrow}_{W,k} \cdot Y_{w,k} } {B_w Y_{w,k} + \left[ (B_{o,k} - R_{s,k} B_{g,k}) + (B_{g,k} - R_{v,k} B_{o,k}) \, Y_{g,k} \right] \cdot (1-Y_{w,k})} |
G^{\downarrow}_w = B_w C^{\downarrow}_W |
G^{\downarrow}_g = B_g \cdot C^{\downarrow}_G |
where
Bo, Bg, Bw | |
Yg,p | |
Yw,p |
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Petroleum Industry / Upstream / Production / Field Development Plan
Subsurface Production / Well & Reservoir Management / [ Production Targets ]
Subsurface E&P Disciplines / Production Technology