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International Journal of Statistika and Mathematika, ISSN: 2277- 2790 E-ISSN: 2249-8605

Volume 6, Issue 2, June 2013 pp 65-69

Research Article

Oil Well Model and Rate Allocation Problem

Quse M.H. Shihab¹ and V.H. Bajaj²

Academic Editor:  Dr. Dase R.K.

The oil well and rate allocation problem which refers to allocating production rate and lift gas rate of a well to achieve certain operational goals are described in this paper. These goals vary with the field and time. In some petroleum fields, especially mature fields, oil production can be constrained by fluid handling capacities of facilities. For such fields, rate allocation can be an effective way to increase the oil rate or reduce the production cost. The objective of this paper is to maximize the total production of oil, so that by using some properties of rate allocation problem, we reformulate the problem in the form of Linear Programming (LP) model and Mixed Integer Linear Programming (MILP) model. This problem was solved by using branch and bound method.