Red Scale application

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Short-term production optimization

Production
Operational Production Strategy Fluid movement
noise Data
measurement
Geology, seismic data, noise
Well logs, well test,
Fluid properties … Y
High fidelity Big loop?
models
Y
Study objective N Measured
N output
Decision ?
Simulation Data assimilation
models
Long-term
production optimization Predicted
Y N output
Models ok?
Future Past
Objective functions

Deterministic Probabilistic

Short-term Long-term Short-term Long-term

Economic Field response Fluid-injection Statistics-based Economic Field response Fluid-injection


Decision space Objective space

x2 f2
x1 x2 f(x1) f(x2)

x3 x4 f(x3) f(x4)

x1 f1
Multi-Objective
Production Optimization

A Priori A Posteriori

Hierarchical Simultaneously Pareto-based


39.40%
48.50%
Hierarchical (A priori)

Pareto-based (A posteriori)

12.10%

Simultaneously (A priori)
Tree 1 Tree 2 Tree 3

Prediction of tree 1 Prediction of tree 2 Prediction of tree 3

Average
Prediction

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