Training effective deep reinforcement learning agents for real-time life-cycle production optimization
Kai Zhang, Zhongzheng Wang, Guodong Chen, Liming Zhang, Yongfei Yang, Chuanjin Yao, Jian Wang, Jun Yao
Topics & Concepts
Reinforcement learningMarkov decision processMathematical optimizationComputer scienceQ-learningTime horizonOptimal controlBellman equationProduction (economics)Task (project management)Dynamic programmingArtificial intelligenceMarkov processEngineeringMathematicsMacroeconomicsStatisticsSystems engineeringEconomicsReservoir Engineering and Simulation MethodsOil and Gas Production TechniquesHydraulic Fracturing and Reservoir Analysis