2023
DOI: 10.1109/access.2023.3269748
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The Golem: A General Data-Driven Model for Oil & Gas Forecasting Based on Recurrent Neural Networks

Abstract: Oil & gas forecasting is one of the most critical issues in reservoir management. Physics-based simulations are the most common models used for production forecasts in oilfields. Previous works based on Machine Learning (ML) developed models focused on the oil rate as unique target variable, a forecasting by one-day output , and just one class of reservoir (synthetic or actual). This work introduces a general data-driven model based on Recurrent Neural Networks to forecast an adaptive sequence of timestamps fo… Show more

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Cited by 10 publications
(7 citation statements)
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“…The time domain of the reservoir focuses on the Volve and UNISIM-IIH oilfields, utilized Long Short-Term Memory (LSTM) and GRU models for the classification of 3,257 samples based on oil, gas, water, or pressure levels [63]. Regarding O&G forecasting, the GRU model emerged as the frontrunner, with an amazing R 2 of 99%.…”
Section: Application Of Deep Learning Modelsmentioning
confidence: 99%
See 1 more Smart Citation
“…The time domain of the reservoir focuses on the Volve and UNISIM-IIH oilfields, utilized Long Short-Term Memory (LSTM) and GRU models for the classification of 3,257 samples based on oil, gas, water, or pressure levels [63]. Regarding O&G forecasting, the GRU model emerged as the frontrunner, with an amazing R 2 of 99%.…”
Section: Application Of Deep Learning Modelsmentioning
confidence: 99%
“…The proposed model LSTM-AE-OCSVM gets a greater accuracy of 98%, and the researcher proposed using anomalous data in future studies. Meanwhile, Martinez & Rocha [63] focused on reservoirs and used 3,257 samples from the Volve and UNISIM-IIH oilfields to examine LSTM and GRU models. With an impressive R 2 of 99%, the GRU model demonstrated its superiority in O&G forecasting when classifying oil, gas, water, or pressure.…”
Section: Alternative ML Models Utilized For Predictive Analytics In T...mentioning
confidence: 99%
“…As shown in Figure 3a, although the gas change pattern can be largely grasped only based on history data, the essential law of gas forecasting has been explored after multi-factor introduction, based on which more accurate results can be obtained. Moreover, the fitting results in terms of Mean Square Error (MSE), Mean Absolute Error (MAE), R-Square (R2) and Symmetric Mean Absolute Percentage Error (SMAPE) [7,9] have been summarized in Table 1. It can be seen that the forecasting performances based our multifactors datasets are mostly better than that of history-only datasets.…”
Section: Experiments and Analysismentioning
confidence: 99%
“…Moreover, the fitting results in terms of Mean Square Error (MSE), Mean Absolute Error (MAE), R‐Square (R2) and Symmetric Mean Absolute Percentage Error (SMAPE) [7, 9] have been summarized in Table 1. It can be seen that the forecasting performances based our multi‐factors datasets are mostly better than that of history‐only datasets.…”
Section: Experiments and Analysismentioning
confidence: 99%
See 1 more Smart Citation