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Siraj, M.M. (author), van den Hof, P.M.J. (author), Jansen, J.D. (author)
Model-based dynamic optimization of the water-flooding process in oil reservoirs is a computationally complex problem and suffers from high levels of uncertainty. A traditional way of quantifying uncertainty in robust water-flooding optimization is by considering an ensemble of uncertain model realizations. These models are generally not...
conference paper 2017
document
Siraj, M.M. (author), van den Hof, P.M.J. (author), Jansen, J.D. (author)
Model-based economic optimization of oil production has a significant scope to increase financial life-cycle performance. The net-present-value (NPV) objective in this optimization, because of its nature, focuses on long-term gains, whereas short-term production is not explicitly addressed. At the same time, the achievable NPV is highly...
journal article 2017
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Jansen, J.D. (author), van Essen, G (author), Siraj, M (author), van den Hof, P (author)
other 2017
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Siraj, Mohsin (author), van den Hof, Paul (author), Jansen, J.D. (author)
The theory of risk provides a systematic approach to handling uncertainty with well-defined risk and deviation measures. As the model-based economic optimization of the water-flooding process in oil reservoirs suffers from high levels of uncertainty, the concepts from the theory of risk are highly relevant. In this paper, the main focus is to...
journal article 2016
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Jansen, J.D. (author), Fonseca, R.M. (author), Kahrobaei, S. (author), Siraj, M.M. (author), Van Essen, G.M. (author), Van den Hof, P.M.J. (author)
The ‘Egg Model’ is a synthetic reservoir model consisting of an ensemble of 101 relatively small three-dimensional realizations of a channelized oil reservoir produced under water flooding conditions with eight water injectors and four oil producers. It has been used in numerous publications to demonstrate a variety of aspects related to...
journal article 2014
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Jansen, J.D. (author), Fonseca, R.M. (author), Kahrobaei, S. (author), Siraj, M. (author), Van Essen, G.M. (author), Van den Hof, P.M.J. (author)
The "Egg Model" is a synthetic reservoir model consisting of an ensemble of 101 relatively small three-dimensional realizations of a channelized reservoir produced under water flooding conditions with eight water injectors and four producers. It has been used in numerous publications to demonstrate a variety of aspects related to computer...
report 2013
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