SPE Journal · 1998 · 35 citations · 3 references
Natural SciencesIndustrial EngineeringPetroleum EngineeringAlgorithmsOptimizationSchedulingCombinatorial OptimizationEvolutionary ComputationEvolutionary OptimizationGenetic AlgorithmsMetaheuristic OptimizationStochastic OptimizationEvolutionary AlgorithmsGenetic Algorithm OptimizationGenetic Algorithms For SearchHydrocarbon ResourcesMetaheuristic SchedulingNet Present ValueNet Present Value OptimizationProblem-specific Crossover
Summary This paper describes the application of stochastic search techniques to the production scheduling of a group of linked oil and gas fields. The goal was to maximize the total net present value (NPV). A genetic algorithm with problem-specific crossover operators was particularly successful in this respect.
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Simulated annealing: Practice versus theory
Lester Ingber · Mathematical and Computer Modelling · 1993 · 985 citations
IBM Thomas J. Watson Research Center
Eero Saarinen · 1961 · 17 citations