AI/machine learning

Founded by former analytics experts for a large US independent, Xecta Digital Labs is proposing a new analysis method for horizontal wells. Adopting it means turning the page on some old habits.
The authors of this paper develop a model that can predict well-risk level and provide a method to convert associated failure risk of each element in the well envelope into a tangible value.
This paper presents agile technologies that integrate data management, data-quality assessment, and predictive machine learning to maximize asset value using underused legacy core data.

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