Abstract: Methods are provided for adaptive optimization of enhanced oil recovery project performance under uncertainty. Predictive physics-based reservoir simulation is used to estimate performance of the project. Input parameters of the model are divided into control variables and uncertain variables. The reservoir model is optimized to obtain values of control variables maximizing mean value of a chosen performance metric under initial uncertainty of formation and fluid properties. An efficient frontier can characterize dependence between the optimized mean value of the performance metric and its uncertainty expressed by the standard deviation. Global sensitivity analysis (GSA) is then applied to quantify and rank contributions from uncertain input parameters to the standard deviation of the optimized values of the performance metric. Additional measurements can be performed to reduce uncertainty in the high-ranking parameters.

Abstract: Methods are provided for adaptive optimization of enhanced oil recovery project performance under uncertainty. Predictive physics-based reservoir simulation is used to estimate performance of the project. Input parameters of the model are divided into control variables and uncertain variables. The reservoir model is optimized to obtain values of control variables maximizing mean value of a chosen performance metric under initial uncertainty of formation and fluid properties. An efficient frontier can characterize dependence between the optimized mean value of the performance metric and its uncertainty expressed by the standard deviation. Global sensitivity analysis (GSA) is then applied to quantify and rank contributions from uncertain input parameters to the standard deviation of the optimized values of the performance metric. Additional measurements can be performed to reduce uncertainty in the high-ranking parameters.