Modeling Optimal Oil Extraction using Optimal Control Model: A Case Study of an Iranian Oil Field

After the oil shocks of the 70s, oil extraction policy has become more important in two aspects. In one aspect, economists have reconsidered the Hotelling (1931) model about optimal natural resource extraction rate and in other aspect, engineers has paid more attention to enhanced oil recovery (EOR)...

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Bibliographic Details
Main Authors: Vahid Ghorbani Pashakolaie, Morteza Khorsandi, Teymor Mohammadi, Shahla Khaleghi, Abbas Shakeri, Seyed Taghi Abtahi Foroshani
Format: Article
Language:fas
Published: Allameh Tabataba'i University Press 2015-01-01
Series:Pizhūhishnāmah-i Iqtiṣād-i Inirzhī-i Īrān
Subjects:
Online Access:http://jiee.atu.ac.ir/article_856_376051d2fbcaec7480edc1ef84fad2f8.pdf