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Well placement optimization using a particle swarm optimization algorithm, a novel approach

Afshari, S ; Sharif University of Technology

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  1. Type of Document: Article
  2. DOI: 10.1080/10916466.2011.585363
  3. Abstract:
  4. Optimal well placement is a crucial step in reservoir development process. The key points in such an optimization process are using a fast function evaluation tool and development of an efficient optimization algorithm. This study presents an approach that uses particle swarm optimization algorithm in conjunction with streamline simulation to determine the optimum well locations within a reservoir, regarding a modified net present value as the objective. Performance of this algorithm was investigated through several different examples, and compared to that of genetic algorithm (GA) and simulated annealing (SA) methods. It was observed that particle swarm optimization algorithm outperformed both SA and GA in terms of efficiency and accuracy
  5. Keywords:
  6. Genetic algorithm ; Particle swarm optimization ; Modified net present values ; Optimal well placement ; Optimization algorithms ; Particle swarm optimization algorithm ; Reservoir development ; Streamline simulation ; Well location ; Well placement optimization ; Particle swarm optimization (PSO) ; Simulated annealing ; Genetic algorithms
  7. Source: Petroleum Science and Technology ; Vol. 32, issue. 2 , 2014 , pp. 170-179 ; ISSN: 10916466
  8. URL: http://www.tandfonline.com/doi/abs/10.1080/10916466.2011.585363#.VdBf7LWD4_4