Recent Developments in Closed-Loop Approaches for Real-Time Mining and Petroleum Extraction

Advanced data acquisition and process modelling technology provide ‘real-time’ data and decision support capacity for different aspects of the resource extraction process. Closed-loop approaches have recently been applied to utilize information extracted from these data in combination with advanced computing technology for improved production control in mineral resource extraction. Similar techniques have been developed in the petroleum industry combining computer-assisted model updating with model-based production optimization. This contribution reviews recent developments and methods applied, highlights differences and assesses the potential value addition for both application domains. The focus here is on the two main constituents of closed-loop concepts, data assimilation and optimization. Technological readiness of the constituents is assessed, and gaps for further technology development are identified. The value added is illustrated by means of selected cases.