New project OPTION

Monday 07 Apr 14
New project OPTION - Optimizing Oil Production by Novel Technology Integration

A new Joint Industry Project OPTION combines reservoir modeling, chemical engineering, computational fluid dynamics (CFD), and uncertainty estimates. The ambition is to create a new class of practical tools for predicting and performing optimal control of the flow between the horizontal wells and the reservoir.

Professor Erling H. Stenby, Chairman of CERE, is responsible for coordinating the DTU part of the project and represents DTU in the OPTION steering committee. The total project budget is 4.0 million EUR, and the Danish National Advanced Technology Foundation supports with a close to 2.0 million EUR grant.

Industry partners are Welltec and Lloyd’s Register Energy, including Senergy. The program runs from 2014-2018. Read more

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