Mathematical Models for Optimal Timing of Drilling on Multilayer Oil and Gas Fields

Published Online:https://doi.org/10.1287/mnsc.21.12.1361

The following problem of optimal control of multilayer gas and oil fields is formulated: for a given planning horizon find an optimal number of wells to be drilled on each layer and to be transferred between layers as a function of time to meet technological constraints and requirements, and to provide minimum total reduced cost per unit output. The optimal control problem is presented in the form of a mathematical programming problem with a nonlinear fractional objective function containing separable concave functions, and with separable concave constraints. Constraints describing specific features of gas and oil fields are considered. Solution procedures and applications are discussed.

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