Multiple shooting applied to robust reservoir control optimization including output constraints on coherent risk measures

DOI10.1007/S10596-017-9625-4MaRDI QIDQ1702390zbMATH OpenOpenAlexFDO

Authors Andrés Codas, Kristian G. Hanssen, Andrea Capolei, John Bagterp Jørgensen, Bjarne A. Foss

Publication date 28 February 2018

Published in Computational Geosciences (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s10596-017-9625-4

zbMATH Keywords

risk managementcontrol optimizationreservoir managementwaterflooding

Mathematics Subject Classification ID

Geological problems (86A60)

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Cites work

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• A Reduced Hessian Method for Large-Scale Constrained Optimization
• A systems description of flow through porous media
• Adjoint formulation and constraint handling for gradient-based optimization of compositional reservoir flow
• Adjoint-based optimization of multi-phase flow through porous media -- a review
• Chance-constrained programming
• Coherent measures of risk
• Lectures on Stochastic Programming
• Numerical experience with a reduced Hessian method for large scale constrained optimization
• Open-source MATLAB implementation of consistent discretisations on complex grids
• Optimality conditions in portfolio analysis with general deviation measures
• Robust optimization
• The watchdog technique for forcing convergence in algorithms for constrained optimization
• Theory and applications of robust optimization
• Waterflooding optimization in uncertain geological scenarios

Cited in

(1)

• Comparative study of different risk measures for robust optimization of oil production under the market uncertainty: a regret-based insight

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