Abstract:Production forecast is an important part of field development planning using for business planning and economic evaluation of an oil and gas field. The conventional approach to production forecasting includes a bunch of methods from decline curve analysis to hydrodynamic modeling; however, these methods have certain limitations of use. The objective of the study is to investigate the possibility of application AI/ML methods in classification of wells by their historical behavior, and to use this information to… Show more
Set email alert for when this publication receives citations?
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.