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Strategies for Real Time Reservoir Management

Realtime reservoir management is developed to manage a shrinking labor force and rising demand on energy supply. This dissertation seeks good strategies for realtime reservoir management. First, two simulatorindependent optimization algorithms are investigated: ensemblebased optimization (EnOpt) and bound optimization by quadratic approximation (BOBYQA). Multiscale regularization is applied to both to find appropriate frequencies for well control adjustment. Second, two gathered EnKF methods are proposed to save computational cost and reduce sampling error: gathered EnKF with a fixed gather size and adaptively gathered EnKF. Finally, oil price uncertainty is forecasted and quantified with three price forecasting models: conventional forecasting, bootstrap forecasting and sequential Gaussian simulation forecasting. The relative effect of oil price and its volatility on the optimization strategies are investigated.
A number of key findings of this dissertation are: (a) if multiscale regularization is not used, EnOpt converges to a higher net present value (NPV) than BOBYQAeven though BOBYQA uses second order Hessian information whereas EnOpt uses first order gradients. BOBYQA performs comparably only if multiscale regularization is used. Multiscale regularization results in a higher optimized NPV with simpler well control strategies and converges in fewer iterations; (b) gathering observations not only reduces the sampling errors but also saves significant amount of computational cost. In addition, adaptively gathered EnKF is superior to gathered EnKF with a fixed gather size when the prior ensemble mean is not near the truth; (c) it is shown that a good oil price forecasting model can improve NPV by more than four percent, and (d) instability in oil prices also causes fluctuation in optimized well controls.

Identiferoai:union.ndltd.org:LSU/oai:etd.lsu.edu:etd-06192012-153816
Date02 July 2012
CreatorsShuai, Yuanyuan
ContributorsWhite, Christopher D., Tyagi, Mayank, Zhang, Hongchao, Thompson, Karsten, Bentley, Sam
PublisherLSU
Source SetsLouisiana State University
LanguageEnglish
Detected LanguageEnglish
Typetext
Formatapplication/pdf
Sourcehttp://etd.lsu.edu/docs/available/etd-06192012-153816/
Rightsunrestricted, I hereby certify that, if appropriate, I have obtained and attached herein a written permission statement from the owner(s) of each third party copyrighted matter to be included in my thesis, dissertation, or project report, allowing distribution as specified below. I certify that the version I submitted is the same as that approved by my advisory committee. I hereby grant to LSU or its agents the non-exclusive license to archive and make accessible, under the conditions specified below and in appropriate University policies, my thesis, dissertation, or project report in whole or in part in all forms of media, now or hereafter known. I retain all other ownership rights to the copyright of the thesis, dissertation or project report. I also retain the right to use in future works (such as articles or books) all or part of this thesis, dissertation, or project report.

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