Optimization of oil field development process based on existing forecast model
Optimization of oil field development process based on existing forecast model is a scholarly work, published in 2018 in ''Journal of Applied Engineering Science/Istrazivanja i Projektovanja za Privredu''. The main subjects of the publication include mining, Water injection, Development, economic production, extraction of petroleum, petroleum engineering, operations research, work, process, fossil fuel, oil well, petroleum reservoir, field, and computer science. The article shows the principles of the oil-and-gas field development optimization based on the existing forecast model and describes an industrial example of such optimization instrument usage together with the participation of the experts.