Full text loading...
-
Determining the Wells for Stimulation Treatments using Machine Learning
- Publisher: European Association of Geoscientists & Engineers
- Source: Conference Proceedings, Saint Petersburg 2020, Nov 2020, Volume 2020, p.1 - 6
Abstract
Implementation of Information Technologies allows increasing the efficiency of the data analysis to support decisions on optimization of oil and gas production. Commonly, the process of determining the wells for stimulation treatments includes a time consuming and tedious step-by-step comprehensive analysis of borehole and production data of each well. Data Mining and Machine Learning are powerful tools for solving this issue. Using Fuzzy Logic with Genetic Optimization allows processing huge amount of data to uncover new patterns and knowledge from existing parameters. Taking into account borehole and production data, a map of the workover potential efficiency is created. Using Data Mining and Machine Learning can reduce the time and risks in the decision making process in the field of optimization of oil and gas production by applying an Intelligent Assistant that allows assessing the workover potential efficiency.