文章基本信息

标题：Profit and Risk Measures in Oil Production Optimization ∗
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作者：Andrea Capolei ; Bjarne Foss ; John Bagterp Jørgensen 等
期刊名称：IFAC PapersOnLine
印刷版ISSN：2405-8963
出版年度：2015
卷号：48
期号：6
页码：214-220
DOI：10.1016/j.ifacol.2015.08.034
语种：English
出版社：Elsevier
摘要：AbstractIn oil production optimization, we usually aim to maximize a deterministic scalar performance index such as the profit over the expected reservoir lifespan. However, when uncertainty in the parameters is considered, the profit results in a random variable that can assume a range of values depending on the value of the uncertain parameters. In this case, a problem reformulation is needed to properly define the optimization problem. In this paper we describe the concept of risk and we explore how to handle the risk by using appropriate risk measures. We provide a review on various risk measures reporting pro and cons for each of them. Finally, among the presented risk measures, we identify two of them as appropriate risk measures when minimizing the risk.
关键词：KeywordsProduction OptimizationOil productionRisk measuresStochastic problems