haku: @indexterm oil industry / yhteensä: 556
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| Tekijä: | Eagle, K. |
| Otsikko: | Using simulated annealing to schedule oil field drilling rigs |
| Lehti: | Interfaces
1996 : NOV-DEC, VOL. 26:6, p. 35-43 |
| Asiasana: | MANAGEMENT OIL INDUSTRY PROBLEM SOLVING |
| Kieli: | eng |
| Tiivistelmä: | Oil companies often have large backlogs of drilling opportunities. Optimizing this portfolio is critical. The author used a simulated annealing algorithm to schedule drilling rigs for BP Exploration by making an analogy to the vehicle-routing problem, and he estimated the value of acquiring additional drilling rigs. By considering the perishability of projects' benefits in optimizing over a multi-period planning horizon, the author increased the value of portfolios by deferring attractive projects in favor of less attractive ones. |
SCIMA