field development
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AIQ, ADNOC, and SLB announced a new software suite that integrates artificial intelligence into reservoir analysis and field development projects.
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Machine learning has been shown to have a promising role in oil and gas explorations in recent years. Among the applications, determining a proper location for injection and production wells along with their optimal operating conditions is a complex problem.
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The authors of this paper analyze a robust, well-distributed parent/child well data set using a combination of available empirical data and numerical simulation outputs to develop a predictive machine-learning model.
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This paper summarizes a collaborative industry study to compare observations between shale-play data sets and basins, develop general insights into parent/child interactions, and provide customized economic optimization recommendations.
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In this paper, example machine-learning models were trained using geologic, completion, and spacing parameters to predict production across the primary developed formations within the Midland Basin.
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Advanced aerial imagery—be it collected from drone, satellite, or fixed-wing aircraft—is one of the best options available for securing the critical information needed to run things smoother in the oil field.
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The offering includes automatic evaluation of project economics and enhances collaboration to cut the time required for field development planning by up to 50%, according to the companies.
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This paper describes a novel distributed quasi-Newton derivative-free optimization method for reservoir-performance-optimization problems.
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The complete paper builds on existing tools in the literature to quantify the effect of changing well spacing on well productivity for a given completion design, using a new, simple, intuitive empirical equation.
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This paper describes a development plan for an oil field discovered in a remote offshore environment in the Niger Delta that uses a probabilistic approach to estimate the STOOIP using low, mid, and high cases.