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This book considers the problem of determining how many barrels of crude oil an oil-producing and exporting country should produce annually for export along with several other important problems that decision-makers in the crude oil industry face and discusses procedures for finding optimum solutions for them. It considers the important Objective Functions they need in making these critical decisions, and discusses procedures to find the best solutions. Outputs from the treatment units, in an oil refinery are only semi-finished products; these are blended into finished products like gasoline, diesel oil, etc., meeting various specifications that the marketplace demands. The book discusses models for solving these problems optimally with examples.

Models for Optimum Decision Making: Crude Oil Production and Refining

Chapter 1. History of Crude Oil Refining.- Chapter 2. Operations Inside a Crude Oil Refinery.- Chapter 3. How Much Crude Oil Should an Oil Exporting Country Produce Annually for Export?- Chapter 4. Clustering Problems in Offshore Drilling of Crude Oil Wells.- Chapter 5. A Product Mix Optimization Application at Saudi ARAMCO.- Chapter 6. Product Blending Operations in Crude Oil Refineries.- Chapter 7. Crude Oils Blending in Oil Refineries to Prepare Feedstock into Crude Distillation.- Chapter 8. Pump Allocation at a New Zealand Oil Refinery.