MODELING LOCATION AND SIZING OF OFFSHORE PLATFORMS

Citation
P. Hansen et al., MODELING LOCATION AND SIZING OF OFFSHORE PLATFORMS, European journal of operational research, 72(3), 1994, pp. 602-606
Citations number
8
Categorie Soggetti
Management,"Operatione Research & Management Science
ISSN journal
03772217
Volume
72
Issue
3
Year of publication
1994
Pages
602 - 606
Database
ISI
SICI code
0377-2217(1994)72:3<602:MLASOO>2.0.ZU;2-M
Abstract
We recently proposed to model location and sizing of offshore platform s for oil exploration and production as a multicapacitated plant locat ion problem. We show that an adequate choice of coefficients allows th e use of this model for simultaneous location, sizing of platforms and selection of wells to be drilled. Moreover, applying it several times in sequence allows minimization of a cost per barrel of oil produced criterion.