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Master Thesis

Petroleum Production Planning Optimization
Applied to the StatoilHydro Oshore Oil and Gas
Field Troll West
Eirik Hagem and Erlend Torgnes

Trondheim, June 10th, 2009
Norwegian University of Science and Technology
Faculty of Social Sciences and Technology Management
Department of Industrial Economics and Technology Management

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Preface
This master dissertation, written within the eld of managerial public economy and operations research, is a culmination of the moil to obtain a Master of Science in favor of the Department of Industrial Economics and Technology Management at the Norwegian University of Science and Technology.

The operate has combined the elds of mineral pitch engineering and operations research, making it practicable for us to utilize our dierent technical backgrounds. This subject can be seen in connection through the present Ph.D. research conducted by Vidar Gunnerud, and builds on our throw out thesis, written during the fall of 2008, longitudinally with the master theses of Gunnerud & Langvik (2007) and Vestb & Walberg (2008). A

This declaration is written in L TEX using the conductor TeXnicCenter. The modeling was performed in Mosel using Xpress-Optimizer to the degree that commercial solver.

We want to thank our academic supervisor Professor Mikael Rnnqvist in the place of constructive feedback and inspiring comments. We more distant want to thank Professor Bjarne Foss notwithstanding providing us with problem specic acquirements. Ph.D. student Vidar Gunnerud has been of chivalrous help spending patient hours discussing moot point formulations and solution methods with us. Lars Johan Sandvik too deserves thanks for making the hardware and software indispensable thing to obtain real production data to be availed of to us. Finally, we want to reach our thanks to Kristin Hestetun, Vidar Alstad and personnel at StatoilHydro in Porsgrunn notwithstanding helping us understand the production course at the Troll West eld.

Trondheim, June 10th, 2009

Eirik Hagem

Erlend Torgnes

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Summary
This essay evaluates...

Master Thesis

Petroleum Production Planning Optimization

-

Applied to the StatoilHydro Oshore Oil and Gas

Field Troll West

Eirik Hagem and Erlend Torgnes

Trondheim, June 10th, 2009

Norwegian University of Science and Technology

Faculty of Social Sciences and Technology Management

Department of Industrial Economics and Technology Management

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