Solution
- Given 140 polygons (indicated by lat/long) which ones should be drilled?
- When should each polygon be drilled?
- Well platforms are needed to support the drilling of wells
- What is the number of well platforms required? What capacity should each have? When should we commission each platform?
- Hydrocarbon flow from wells will be stored and processed at production platforms
- What is the number of production platforms required? What capacity should each have? When should we commission each platform?
- It is necessary to make these choices together and not sequentially
- Number of rigs available
- Number of polygons to be drilled in any period limited by available capacity of well platforms
- Well flow rate in any period limited by available production capacity
- Problem modelled and solved using complex optimization techniques
- Provides a critical strategic planning tool for senior management
