Paper
13 May 2024 Research on strategic optimization method for conventional and new energy sources in oilfield development
Haifeng Wang, Lingyun Chang, Huzhen Wang, Jinzi Liu, Hui-fen Xia, Dongmei Liu
Author Affiliations +
Proceedings Volume 13159, Eighth International Conference on Energy System, Electricity, and Power (ESEP 2023); 131591Y (2024) https://doi.org/10.1117/12.3024418
Event: Eighth International Conference on Energy System, Electricity and Power (ESEP 2023), 2023, Wuhan, China
Abstract
The oilfield adheres to the principle of "valuing new energy as much as oil and gas production", and firmly explores a new path of low-carbon transformation in the oilfield based on wind and solar energy resources and supported by CCUS. At the same time, the oilfield is also facing increasing uncertainty in key development indicators such as energy exploitable resources, new displacement methods and economic risks. The influencing factors of these development indicators include the diversity of development form. The poor resource quality, the gradual change and difference of development fields, and frequent fluctuations in international oil prices. This article studies and analyzes various influencing factors of development and geology in oilfield development indicators, and applies operational research optimization theory and methods to establish a strategic optimization mathematical model and solution method for new energy and oilfield production planning in the oilfield development process. It explores the medium and long-term multi-objective development planning and strategic planning of the oilfield. At the same time, in order to improve the decision-making level of oilfield development and planning, this article explores new methods for the practical application of mathematical optimization theory.
(2024) Published by SPIE. Downloading of the abstract is permitted for personal use only.
Haifeng Wang, Lingyun Chang, Huzhen Wang, Jinzi Liu, Hui-fen Xia, and Dongmei Liu "Research on strategic optimization method for conventional and new energy sources in oilfield development", Proc. SPIE 13159, Eighth International Conference on Energy System, Electricity, and Power (ESEP 2023), 131591Y (13 May 2024); https://doi.org/10.1117/12.3024418
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KEYWORDS
Mathematical optimization

Mathematical modeling

Polymers

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