Abstract

Summary CO2-water-alternating-gas (CO2-WAG) is a reservoir development method that can simultaneously enhance oil recovery and achieve CO2 storage. However, improperly designed parameters for CO2 injection and oil production may significantly reduce the oil displacement efficiency and CO2 storage. Furthermore, optimizing the injection parameters is computationally expensive due to the high computational cost of the compositional simulation. This work aims to propose an efficient optimization method to obtain a series of well-control schemes that balance maximizing net present value (NPV) and CO2 storage for decision-makers. Given the number of CO2-WAG cycles and the duration of each cycle, we optimize the water injection rate, gas injection rate, and half-cycle for the injection well and the bottomhole pressure (BHP) for the production well. In this paper, a two-stage optimization strategy is proposed to enhance the optimization efficiency. The first stage performs the surrogate-assisted single-objective optimizations of each considered objective. It is designed to find the endpoints of the Pareto front that connect all solutions of the multiobjective optimization; this stage not only provides important search directions for the subsequent multiobjective optimization but also improves the accuracy of the surrogate model near the Pareto front. The second stage is the surrogate-assisted multiobjective optimization, which aims to find all the solutions along the Pareto front based on the Pareto endpoints obtained from the first stage. In addition, this study successfully combines the gradient of the objective functions with the meta-heuristic algorithm during the multiobjective optimization, which ensures a faster convergence to the global optimum. The proposed multiobjective optimization algorithm shows faster convergence than the conventional optimization methods when applied to the three multiobjective optimization test functions. Finally, a comparison with the conventional multiobjective optimization is conducted based on one test function and two benchmark reservoir simulation models to verify the correctness and efficiency of the proposed method. It is confirmed that the proposed method outperforms the conventional ones for the optimization of CO2-WAG injection.

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