Overview of the olympus field development optimization challenge

Since the early 2000's there has been a significant focus from many groups around the world towards the development and application of innovative technologies in order to improve reservoir management strategies and optimize field development plans. Benchmark studies are a very valuable way of evaluating and demonstrating the status and...

Robust ensemble-based multi-objective optimization

We consider robust ensemble-based multi-objective optimization using a hierarchical switching algorithm for combined long-term and short term water flooding optimization. We apply a modified formulation of the ensemble gradient which results in improved performance compared to earlier formulations. We also apply multi-dimensional scaling to...

Ensemble based multi-objective production optimization of smart wells

In a recent study two hierarchical multi-objective methods were suggested to include short-term targets in life-cycle production optimization. However this previous study has two limitations: 1) the adjoint formulation is used to obtain gradient information, requiring simulator source code access and an extensive implementation effort, and 2)...