1-20 of 25
Keywords: forecasting
Close
Follow your search
Access your saved searches in your account

Would you like to receive an alert when new items match your search?
Close Modal
Sort by
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, September 23–25, 2024
Paper Number: SPE-220979-MS
... automated workflow algorithm application condition monitoring centrifugal compressor degradation operation compressors engines and turbines polytropic efficiency workflow dataset forecasting Introduction Every system undergoes degradation over time, requiring ongoing equipment maintenance...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, September 23–25, 2024
Paper Number: SPE-220933-MS
... applications, including reservoir connectivity analysis, resource volume estimation, dynamic forecasting, well control optimization, flood optimization, and integration with surface network models. While RGNet has been proven effective, there is a vision for further enhancing its modeling precision...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, October 16–18, 2023
Paper Number: SPE-214769-MS
... Abstract The majority of production forecasting methods currently used are point forecasting methods developed in the setting of individual well forecasting. For an actual oilfield, instead of needing to predict individual production time series, one is faced with forecasting thousands...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, October 16–18, 2023
Paper Number: SPE-215056-MS
... Abstract One of the core assumptions of most deep learning-based data-driven models is that samples are independent. However, this assumption poses a key challenge in production forecasting - performance is influenced by well interference and reservoir connectivity. Most shale gas wells...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, October 16–18, 2023
Paper Number: SPE-214881-MS
... Abstract Accurate well rate forecasting is essential for successful field development in the oil industry. Recurrent-based deep learning models have traditionally been used for production forecasting. However, recent advancements in the field have led to the use of transformer and transfer...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, October 16–18, 2023
Paper Number: SPE-215028-MS
... of the proposed models are in good agreement with the ground truth data. Four Transformer-based predictive models demonstrate their applicability to forecast real-time drilling data of different lengths. Transformer models utilizing non-stationary attention exhibit superior prediction accuracy in the context...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, October 3–5, 2022
Paper Number: SPE-210295-MS
... that are also stacked by interconnecting backcast and forecast links. The advantages of the framework are its flexibility with respect to different input parameters and various forecastable time series. This is particularly important for CPG to easily capture variations in the temporal dynamics and temperature...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, October 26–29, 2020
Paper Number: SPE-201710-MS
... consists of a combined blend of analytical and machine learning models that allows to reliably forecast trends and proactively detect anomalies that may be negatively affecting the operational cash flow. Intuitive and portable visualizations allow a quick interpretation and communication of results among...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, October 26–29, 2020
Paper Number: SPE-201696-MS
... real-time sensor data at the surface, historical performance, and sporadic test data. Additionally, forecasting models were developed for generating short-term (30 days) forecast of cumulative oil, water, gas, and liquid production, multiphase flow rates, WCT, GOR, and reservoir pressure. Using time...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, September 30–October 2, 2019
Paper Number: SPE-196122-MS
... to develop and predict, understanding well performance has proven to be essential for driving value. Though there have been continuous advancements in well performance analysis and production forecasting for unconventional reservoirs that exhibit prolonged transient flow conditions, there is a still a gaping...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, September 26–28, 2016
Paper Number: SPE-181374-MS
... Abstract The EVOLVE workflow addresses a longstanding and difficult problem in reservoir modeling: quantifying the uncertainty in NPV forecasts ensuing from uncertainties related to geological and simulation parameters, forecast scenarios, and economic variables. The EVOLVE workflow is linear...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, September 28–30, 2015
Paper Number: SPE-175127-MS
... temperature grows with depth. To improve quality of the model initialization, every grid block received a value of the initial reservoir temperature derived from the block depth and temperature depth-gradient: Analogs are very difficult to use for steamflood forecasting because detailed information about...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, September 28–30, 2015
Paper Number: SPE-174849-MS
... Abstract The difficulty in applying traditional reservoir simulation and modeling techniques for unconventional reservoir forecasting makes the use of statistical and modern machine learning techniques a relevant proposition for shale systems. However, the most current applications...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, September 28–30, 2015
Paper Number: SPE-178734-STU
... Abstract Determining the changes of production is the key aspect of forecasting the exploitation of unconventional reservoirs. Two-phase flow and flowback after fracturing is observed in that resources. To get to know production profile is needed to find the relationship between produced water...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, October 27–29, 2014
Paper Number: SPE-170622-MS
... workflow for the uncertainty study and the methodologies used to overcome challenges in reservoir modeling and forecasting. The results of the sensitivity analysis and assisted history matching (AHM) process will be illustrated as well as how the results were applied in the evaluation of redevelopment...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, October 8–10, 2012
Paper Number: SPE-155443-MS
... ultimate recovery and production forecast associated with the chosen development concept. A 2010 upstream industry benchmarking consortium reviewed global performance of E&P projects and concluded that the majority of production forecasts presented at project approval were not attained. In many cases...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, October 9–12, 2005
Paper Number: SPE-95528-MS
... In recent years, probabilistic forecasting has gained popularity and has become the preferred approach when assessing the value of a project, given the uncertainty of many input variables. Uncertainties arise because both static and dynamic variables are ascertained from rather small volumetric...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, September 27–30, 1998
Paper Number: SPE-49029-MS
... Abstract A production forecast is real enough, but making it is still 'real magic'. Why? Because when making it, we still have to quantify rocks we have not measured properly and assume, or even ignore a large number of future events (oil price, technology development, etc) which may later...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, October 22–25, 1995
Paper Number: SPE-30572-MS
... thickness and the well performance used as an indicator of fracture intensity. Once the relation established, the neural network can be used to forecast primary production, or for mapping the reservoir fracture intensity. The resulting fracture intensity distribution can be used to represent the subsurface...

Product(s) added to cart

Close Modal