Loading…

Loading grant details…

Completed HORIZON European Commission

Smart Digital Solution for Field Development Planning Optimization


Funder European Commission
Recipient Organization Norges Teknisk-Naturvitenskapelige Universitet Ntnu
Country Norway
Start Date Sep 01, 2023
End Date Aug 31, 2025
Duration 730 days
Number of Grantees 1
Roles Coordinator
Data Source European Commission
Grant ID 101111369
Grant Description

To meet the world's energy demands specifically with “easy oil” reservoirs depleting, it is important to optimize production and field development planning (FDP).

This will be even more pronounced in the years to come if pore space is to be used to store CO2 or hydrogen in large-scale decarbonized energy solutions.

Traditional modeling practices are known for high computational demand, and workflows for optimizing management strategies tend to be manual due to the complexity of the models.

In this project, the goal is to develop an advanced optimization procedure that will serve as a smart decision support tool, which can be used to choose the best field development plan while handling properly the technical, economic, and environmental constraints.

This tool integrates automated simulation with artificial intelligence and metaheuristic algorithms in one self-adaptive optimization framework and will provide possibilities to deal with complex optimization tasks in the development and management of reservoirs under uncertainty.

The expected outcomes of this project are a new generation of solutions that can enhance and optimize the recovery of hydrocarbons and can also be customized to address complex optimization issues in natural energy resource development, CO2 sequestration and in other disciplines.The project will be performed in three steps: i) digital formulation of FDP tasks under complex constraints, ii) development of a smart solution for FDP optimization and iii) user-friendly tool for decision-making.

The multidisciplinary aspects of the project include simulation, optimization and data science.

The researcher will combine his previous research experience within these areas and develop new skills to perform the project.

The host institution will provide infrastructure and supervision of different aspects of the project by integrating the researcher in a strong team in reservoir modeling and optimization that also provides collaboration with industry.

All Grantees

Norges Teknisk-Naturvitenskapelige Universitet Ntnu

Advertisement
Discover thousands of grant opportunities
Advertisement
Browse Grants on GrantFunds
Interested in applying for this grant?

Complete our application form to express your interest and we'll guide you through the process.

Apply for This Grant