Oil field optimization under price uncertainty

DOI10.1057/palgrave.jors.2600562zbMath1140.90429OpenAlexW2018128673MaRDI QIDQ3157743

Tore W. Jonsbråten

Publication date: 19 January 2005

Published in: Journal of the Operational Research Society (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1057/palgrave.jors.2600562

zbMATH Keywords

stochastic programmingdecision support systemsprice uncertaintyoil fields

Mathematics Subject Classification ID

Stochastic programming (90C15) Management decision making, including multiple objectives (90B50) Case-oriented studies in operations research (90B90)

Related Items (12)

Natural gas production network infrastructure development under uncertainty ⋮ Optimization methods for petroleum fields development and production systems: a review ⋮ Mature offshore oil field development: solving a real options problem using stochastic dual dynamic integer programming ⋮ Tactical planning of offshore petroleum production ⋮ Endogenous stochastic optimisation for relief distribution assisted with unmanned aerial vehicles ⋮ Distributionally robust optimization with decision dependent ambiguity sets ⋮ Decision-dependent probabilities in stochastic programs with recourse ⋮ Multistage stochastic programming approach for joint optimization of job scheduling and material ordering under endogenous uncertainties ⋮ Stochastic programming: potential hazards when random variables reflect market interaction ⋮ Informed production optimization in hydrocarbon reservoirs ⋮ Using scenario trees and progressive hedging for stochastic inventory routing problems ⋮ Robust alternative fuel refueling station location problem with routing under decision-dependent flow uncertainty

This page was built for publication: Oil field optimization under price uncertainty