Research Article

Well Control Optimization of Waterflooding Oilfield Based on Deep Neural Network

Table 1

Net present value parameter values.

Economic parameter name (unit)Value

Crude oil prices ($/m3)377
Water injection price ($/m3)20
Water treatment fee ($/m3)40
Discount rate (%)10
Drilling costs from the surface to the top of the reservoir ($/m)515
Drilling cost per meter inside the reservoir ($/m)500