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Leeuwenburgh, O. (author), Egberts, P. (author), Chitu, A. (author), Wilschut, F. (author)
Life-cycle optimization is the process of finding field operation strategies that aim to optimize recovery or economic value with a long-term (years to decades) horizon. A reservoir simulation model is therefore generally appropriate and sufficient to explore the impact of different recovery scenarios. A number of challenges arise when trying to...
conference paper 2014