LP Application Oil Gas
LP Application Oil Gas
LP Application Oil Gas
=
=
=
toJ j
toI k
k i j k j k j wj f q q p p
1
1
1 , 1 , 0 ) ( ). ( ) ( t t t
j wj D p > ) (t
PRODUCTION CONSTRAINTS 1
Cumulative production cannot be greater then
reserve
=
i
i-1
The constant Bj in this inequality represents the
removable oil in place for Jth Reservoir
Hence there will be J equations for J reservoirs.
=
s
I
i
j i j i B q
1
, .ot
TRUNK PIPE LINE CONSTRAINT
The production rate at any time period should not
exceed the pipeline capacity R
i
Thus Ri represents the flow of oil through the ith
time period.
=
s
J
j
i i j i R q
1
, .ot
THE OBJECTIVE FUNCTION
To find all sets of qij which satisfy all constraints and the
profit is largest , We wish to maximize.
The term profit is defined to include all economic factor
that are involved in producing and selling crude oil to
pipeline facility.
All the economic factors pertaining to revenue and
expenses are contained in the profitability index, d
i,j
which has the dimensions of dollars and represents total
profit for the entire lifetime of project.
i
J
j
I
i
j i j i d q t o |
=
=
=
1
1
, . ,
TOWARDS SCHEDULING PRODUCTION RATES
FROM MULTI WELL SYSTEM
MAXIMIZING CDU1 OUTPUT,RIL
CDU1 REVENUE CALCULATION MODEL FOR
PERIOD 1.12.2001 TO 7.12.2001
DATA REFERENCE - RELIANCE IND.
LTD,JAMNAGAR
SOLVER
APPLICATION IN
EXCEL