AI/machine learning

Supervised learning was used to develop an ensemble of models that account for historical production data, geolocation parameters, and completion parameters to forecast production behavior of oil and gas wells.
The combined effort aims to reduce the time necessary for and increase the detail and accuracy of seismic interpretation, including for carbon sequestration studies.
The national oil company credits lean operating practices and AI for making the three-well, 45,000 B/D project economically viable.

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