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Keywords: forecasting
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Proceedings Papers
Supply Chain Management with AI
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the ADIPEC, November 4–7, 2024
Paper Number: SPE-222930-MS
... Intelligence (AI), there has been a paradigm shift towards using data-driven approaches to optimize SCM processes. AI and machine learning models can analyze vast amounts of historical data to uncover patterns and trends that are not immediately obvious, leading to more accurate forecasts and more efficient...
Proceedings Papers
Development of Novel Predicting System to Forecast Ocean Spot and Forward Prices Using Machine Learning
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the ADIPEC, November 4–7, 2024
Paper Number: SPE-222874-MS
... machine learning port artificial intelligence freight rate destination port borouge forecast ocean spot forecasting shipment global shipping accuracy algorithm ocean spot and forward price development petroleum engineer system MODEL SETUP AND RESULTS Data Collection and Pre...
Proceedings Papers
Real-Time Forecasting of Subsurface Porosity During Drilling Using Advanced Time Series Models
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the ADIPEC, November 4–7, 2024
Paper Number: SPE-222460-MS
... by logging tools. This research introduces a novel approach that involves predicting real-time reservoir porosity during drilling, using time series models to extend our knowledge into unlogged intervals. This method leverages existing log data to forecast porosity ahead of current drilling, allowing...
Proceedings Papers
Lithostratigraphy Modeling with Transformer-Based Deep Learning and Natural Language Processing Techniques
Available to PurchaseM. V. G. Jacinto, M. A. Silva, L. H. L. de Oliveira, D. R. Medeiros, G. C. de Medeiros, T. C. Rodrigues, L. C. de Montalvão, R. V. de Almeida
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the ADIPEC, October 2–5, 2023
Paper Number: SPE-216514-MS
..., sequence modeling algorithms such as long short-term memory - LSTM - have been widely used in various natural domains, like in earthquake and rainfall forecasting. A new architecture called Transformer has been used by the recent state-of-the-art models, capable of outperforming classical methods. Using...
Proceedings Papers
Ultrafast Multiphase Production Forecasting for Large Gas Condensate Shale Reservoirs
Available to PurchaseMohammad Elkady, Siddharth Misra, Uchenna Odi, Nathan Meehan, Andrew Silver, Karri Reddy, Cenk Temizel
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the ADIPEC, October 2–5, 2023
Paper Number: SPE-216935-MS
.... This allowed us to identify the most effective architecture for forecasting gas and condensate rates. However, it is important to acknowledge that hyperparameter tuning and NN training can be computationally intensive. Training the model may require several hours, particularly when dealing with sizable...
Proceedings Papers
Rapid High-Fidelity Forecasting for Geological Carbon Storage Using Neural Operator and Transfer Learning
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the ADIPEC, October 2–5, 2023
Paper Number: SPE-216135-MS
... reduction in average time, CPU, and memory usage with application of TL. Additionally, in terms of subsurface forecasting, Alolayan et al. (2021) showed the capabilities of TL by improving accuracy of forecast in Texas Barnett and Pennsylvania Marcellus shale by 47%, compared to Arp's decline curve model...
Proceedings Papers
AI Assisted Well Performance Prediction Based on Production Profiles Clustering
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the ADIPEC, October 31–November 3, 2022
Paper Number: SPE-211364-MS
..., bioinformatics, data compression, computer graphics and machine learning. There are many clustering algorithms dedicated for different cluster models such as: Clustering Literature Review The method introduced in this study proposes faster production forecasting based on wells classification...
Proceedings Papers
Field Realization of Adaptive Reservoir Simulation for Steam Injection Forecasting
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the Abu Dhabi International Petroleum Exhibition & Conference, November 15–18, 2021
Paper Number: SPE-207295-MS
... to make the right decisions and it turns out to be much more difficult when the initial information is ambiguous. In this regard, when making decisions, it is desirable to rely on a robust assessment and forecasting the technological efficiency of thermal enhanced oil recovery techniques, for which...
Proceedings Papers
Petroleum Development Oman Forecasting Management System
Available to PurchaseHilal Mudhafar Al Riyami, Hilal Mohammed Al Sheibani, Hamed Ali Al Subhi, Hussain Taqi Al Ajmi, Zeinab Youssef Zohny, Azzan Qais Al Kindy
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the Abu Dhabi International Petroleum Exhibition & Conference, November 15–18, 2021
Paper Number: SPE-208108-MS
... Abstract Production performance forecasting is considered as one of the most challenging and time consuming tasks in petroleum engineering disciplines, it has important implications on decision-making, planning production and processing of facilities. In Petroleum Development Oman (PDO), which...
Proceedings Papers
Implementing a Production Performance Management Platform for Better Production Data Management, Improved Surveillance and Forecasting for Mature Fields – A Case Study in Sharjah, UAE
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the Abu Dhabi International Petroleum Exhibition & Conference, November 9–12, 2020
Paper Number: SPE-203291-MS
... management upstream oil & gas better production data management implementation project team production performance management platform operation snoc platform database requirement strategic planning and management reservoir surveillance forecasting snoc user sharjah end user case study...
Proceedings Papers
Saturation Forecast Using Machine Learning: Enabling Smarter Decision-Making Capabilities
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the Abu Dhabi International Petroleum Exhibition & Conference, November 11–14, 2019
Paper Number: SPE-197419-MS
... a saturation forecast based on class-based machine learning combined with the time series modelling using multiple time lapse runs in a single well for a field. The first step involves using an unsupervised class-based machine learning model that classifies the input petrophysical data into set of classes...
Proceedings Papers
Lessons Learned from History-Matching the First Out-Of-Sequence Fracturing Field Test in North America
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the Abu Dhabi International Petroleum Exhibition & Conference, November 11–14, 2019
Paper Number: SPE-197227-MS
...-Of-Sequence Fracturing field treatment in Western Canada (in 2017). The same 3-D fracture model is also used to forecast hydraulic fracture geometries when a conventional Sequential Fracturing treatment of the same candidate well is carried out. To evaluate the production potential from the candidate well...
Proceedings Papers
Deep Learning and Hybrid Approaches Applied to Production Forecasting
Available to PurchasePejman Shoeibi Omrani, Adrian Luciano Vecchia, Iulian Dobrovolschi, Thijs Van Baalen, Jonah Poort, Ryvo Octaviano, Huzaifah Binn-Tahir, Esteban Muñoz
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the Abu Dhabi International Petroleum Exhibition & Conference, November 11–14, 2019
Paper Number: SPE-197498-MS
...Physical model The first model which was used for the forecasting was a physics-based model. The employed physics-based model consisted of a coupled material balance (describing reservoir behavior) and deliverability curves (describing the well and inflow behavior) which were calibrated...
Proceedings Papers
Data Driven Analysis for Rapid and Credible Decision Making: Heavy Oil Case Study
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the Abu Dhabi International Petroleum Exhibition & Conference, November 13–16, 2017
Paper Number: SPE-188635-MS
... in a short time. Data driven analysis and forecasting is carried out for a mature steamflood. Firstly, all data including production, injection, pressure, well test, well, static models, petrophysical logs, GIS data are integrated on a single data analytics platform. Trends in data are established...
Proceedings Papers
Managing LNG Deliverability: An Innovative Approach Using Neural Network and Proxy Modeling for Australian CSG Assets
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the Abu Dhabi International Petroleum Conference and Exhibition, November 11–14, 2012
Paper Number: SPE-160445-MS
..., and stored in a workflow library for secure deployment and sharing across the organization. machine learning lng liquified natural gas upstream oil & gas neural network innovative approach gas production production data som prediction spe 160445 forecasting information vector...
Proceedings Papers
Increased Upstream Asset NPV with Forecasting, Prediction, and Operational Plan Adaptation in Real Time
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the Abu Dhabi International Petroleum Exhibition and Conference, November 1–4, 2010
Paper Number: SPE-133450-MS
... upstream oil & gas information artificial intelligence objective collaboration session execution forecasting reservoir knowledge management scenario constrain asset operation optimization operation spe 133450 platform criteria collaboration solution History: asset management...