Balancing conflicting objectives in pre-salt reservoir development: A robust multi-objective optimization framework

Abstract

Optimizing production strategies for gas and oil fields is a critical challenge in petroleum engineering as it involves balancing multiple and often conflicting objectives, for instance, enhancing production rates, reducing operational costs, and mitigating the environmental effects of cumulative water or gas production. This study aims to develop and apply a robust multi-objective optimization framework to the UNISIM-II-D reservoir, which represents Brazilian pre-salt fields on nine representative models (RMs) to address geological uncertainties while considering three economic scenarios. The study focuses on maximizing expected monetary value (EMV) and the net present value of RM4 considering economic uncertainty (NPVeco of RM4), of the most pessimistic scenario among the RMs. The optimization variables are location, type (injection or production), and number of wells, while the non-dominated sorting genetic algorithm II (NSGA-II) is employed for multi-objective optimization. The study indicates that prioritizing EMV, the primary objective function, does not inevitably result in the NPVeco of RM4 achieving its optimal or near-optimal value. However, by employing the proposed framework, a 3 % improvement in EMV and a 28 % enhancement in the NPVeco of RM4 is achieved compared to the single objective optimization of EMV, which highlights the strength and robustness of the framework.

Keywords

• Multi-objective optimization
• Field development
• Geological uncertainty
• Economic uncertainty. NSGA-II