Optimization of Iran’s Production in Forouzan Common Oil Filed based on Game Theory

One of Iran's problems in the production of common oil and gas fields is unequal extraction‎. ‎Therefore‎, ‎the production of common oil and gas fields in onshore and offshore is essential for Iran‎, ‎so this must carefully monitor‎, ‎which can be considered as a game-liked approach‎, ‎that eac...

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Bibliographic Details
Main Authors: Seyed Pendar Toufighi, Mohamadreza Mehregan, Ahmad Jafarnejad
Format: Article
Language:English
Published: University of Kashan 2020-09-01
Series:Mathematics Interdisciplinary Research
Subjects:
Online Access:https://mir.kashanu.ac.ir/article_110785_a691e535eb3b708b6b52b18da4a3c5a3.pdf
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Summary:One of Iran's problems in the production of common oil and gas fields is unequal extraction‎. ‎Therefore‎, ‎the production of common oil and gas fields in onshore and offshore is essential for Iran‎, ‎so this must carefully monitor‎, ‎which can be considered as a game-liked approach‎, ‎that each player tries to increase its payoff‎. ‎Therefore‎, ‎the purpose of this study is to apply game theory in examining Iran's approaches to extracting from common oil fields‎. ‎For this purpose‎, ‎the present study seeks to design a mathematical model to optimize the production of Iran against a competitor using a game‎. ‎Since the proposed model is in the field of mathematical modeling‎, ‎the research strategy is a case study‎. ‎Meanwhile‎, ‎the data-gathering tool is descriptive‎. ‎The results showed that Iran's equilibrium in Forouzan oil field is cooperation‎, ‎and the equilibrium of Saudi Arabia is non-cooperation‎. ‎Finally‎, ‎the executive policies based on research results presented‎.
ISSN:2476-4965