Application of sensitivity analysis to the optimization of petroleum drilling operations

DOI10.1016/0305-0548(69)90006-9MaRDI QIDQ1086501zbMATH OpenOpenAlexFDO

Authors John J. Dinkel, Danny S. Wong

Publication date 1984

Published in Computers \& Operations Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/0305-0548(69)90006-9

zbMATH Keywords

minimum drilling costssensitivity of the optimal solution

Mathematics Subject Classification ID

Sensitivity, stability, parametric optimization (90C31) Applications of mathematical programming (90C90) Mathematical programming (90C99)

Review text

Optimized drilling models which are concerned with determining the minimum drilling costs of petroleum operations are analyzed from the point of view of sensitivity of the optimal solution to changes in model parameters. These models are nonlinear and the parameters are typically derived from field or laboratory data. The sensitivity analysis procedures of geometric programming are used to study the impact of parameter changes such as rock hardness and abrasiveness, rate of drill wear and bearing wear among others. The procedures are illustrated with a numerical example which is used to determine an optimal drilling rig configuration as well as determine the impact on that configuration of changing drilling parameters.

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Cites work

• An implementation of some implicit function theorems with applications to sensitivity analysis
• scientific article; zbMATH DE number 3272827 (Why is no real title available?)
• Optimization of Petroleum and Natural Gas Production—A Survey
• Sensitivity Analysis Procedures for Geometric Programs: Computational Aspects

Cited in

(1)

• Sensitivity analysis in geometric programming: Theory and computations

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