ANALOGUE IDENTIFICATION AND EVALUATION FOR FIELD DEVELOPMENT AND PLANNING

A method includes receiving one or more parameters of a plurality of oilfield projects and one or more economic indicators of the plurality of oilfield projects, receiving one or more parameters of a prospective oilfield project, comparing the prospective oilfield project with the plurality of oilfi...

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Bibliographische Detailangaben
Hauptverfasser: PICKLES, Robin, FREEMAN, Stephen, VHANAMANE, Ranjit, Ramchandra, RADECKIS, Gelmis, TORRENS, Richard, PARK, Kwangwon
Format: Patent
Sprache:eng ; fre ; ger
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Zusammenfassung:A method includes receiving one or more parameters of a plurality of oilfield projects and one or more economic indicators of the plurality of oilfield projects, receiving one or more parameters of a prospective oilfield project, comparing the prospective oilfield project with the plurality of oilfield projects based on the one or more parameters of the prospective oilfield project and the one or more parameters of the plurality of oilfield projects, using a machine learning model, and predicting one or more economic indicators for the prospective oilfield project based at least in part on the comparing.