 Methods for early-phase planning of offshore fields considering environmental performanceLeila Eyni, Milan Stanko and Heiner Schümann Energy, 2022, vol. 256, issue C Abstract: Extraction and processing of oil and gas with current technologies is energy- and carbon-intensive as well as are the manufacture, transport and installation of the facilities needed for oil and gas production. Nowadays, there is a strong emphasis on reducing emissions and energy usage to help mitigate climate change. In this work, we demonstrate a method for decision-support in early-phase field planning based on proxy modeling and optimization. An optimization model is developed to determine drilling and production schedules, as well as the processing capacities of oil and gas that maximize a key performance indicator. The key performance indicator is a linear combination of the normalized net present value and environmental variables, the carbon footprint and carbon dioxide emissions. The weight of each variable in the objective function is adjusted by varying the value of the constants. An offshore field on the Norwegian Continental Shelf is used as a case study. Keywords: CO2 emissions; Carbon footprint; Optimization; Field development planning (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:256:y:2022:i:c:s0360544222013986 DOI: 10.1016/j.energy.2022.124495 Access Statistics for this article Energy is currently edited by Henrik Lund and Mark J. Kaiser More articles in Energy from Elsevier |
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